Between 1949 and 1977, the Consumer Price Index went from 23.8 to 60.6.
Cumulatively, prices increased 154.6%, which works out to an average of
3.39% per year. Put differently, a dollar in 1949 bought what
$0.39 buys in 1977.
Common amounts: 1949 dollars in 1977
Amount in 1949
Value in 1977
$1.00
$2.55
$5.00
$12.73
$10.00
$25.46
$20.00
$50.92
$50.00
$127
$100
$255
$500
$1,273
$1,000
$2,546
$5,000
$12,731
$10,000
$25,462
$100,000
$254,622
$1,000,000
$2,546,218
Inflation by spending category, 1949–1977
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1949 spending costs in 1977, by category:
Category
Avg. yearly inflation
$100 in 1949 →
All items (CPI-U)
3.39%
$255
Medical care
4.93%
$385
Transportation
3.57%
$267
Food
3.50%
$262
Apparel
2.37%
$193
Not shown because the BLS began these indexes after 1949: core (all items less food & energy) (1957–), energy (1957–), housing (1967–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1949 to 1977: $100 is worth $255 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1949-to-1977/
APA: InflationCalculator.com. Inflation from 1949 to 1977. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1949-to-1977/