Between 1949 and 1979, the Consumer Price Index went from 23.8 to 72.6.
Cumulatively, prices increased 205.0%, which works out to an average of
3.79% per year. Put differently, a dollar in 1949 bought what
$0.33 buys in 1979.
Common amounts: 1949 dollars in 1979
Amount in 1949
Value in 1979
$1.00
$3.05
$5.00
$15.25
$10.00
$30.50
$20.00
$61.01
$50.00
$153
$100
$305
$500
$1,525
$1,000
$3,050
$5,000
$15,252
$10,000
$30,504
$100,000
$305,042
$1,000,000
$3,050,420
Inflation by spending category, 1949–1979
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1949 spending costs in 1979, by category:
Category
Avg. yearly inflation
$100 in 1949 →
All items (CPI-U)
3.79%
$305
Medical care
5.19%
$456
Food
3.95%
$320
Transportation
3.94%
$319
Apparel
2.47%
$208
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 1979: $100 is worth $305 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1949-to-1979/
APA: InflationCalculator.com. Inflation from 1949 to 1979. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1949-to-1979/