Between 1949 and 1997, the Consumer Price Index went from 23.8 to 160.5.
Cumulatively, prices increased 574.4%, which works out to an average of
4.06% per year. Put differently, a dollar in 1949 bought what
$0.15 buys in 1997.
Common amounts: 1949 dollars in 1997
Amount in 1949
Value in 1997
$1.00
$6.74
$5.00
$33.72
$10.00
$67.44
$20.00
$135
$50.00
$337
$100
$674
$500
$3,372
$1,000
$6,744
$5,000
$33,718
$10,000
$67,437
$100,000
$674,370
$1,000,000
$6,743,697
Inflation by spending category, 1949–1997
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1949 spending costs in 1997, by category:
Category
Avg. yearly inflation
$100 in 1949 →
All items (CPI-U)
4.06%
$674
Medical care
5.93%
$1,585
Transportation
3.99%
$653
Food
3.91%
$629
Apparel
2.49%
$326
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–).
Long periods are sampled every 2 years; the calculator above covers any pair of years.
Cite this page
MLA: “Inflation from 1949 to 1997: $100 is worth $674 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1949-to-1997/
APA: InflationCalculator.com. Inflation from 1949 to 1997. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1949-to-1997/