Between 1949 and 2008, the Consumer Price Index went from 23.8 to 215.303.
Cumulatively, prices increased 804.6%, which works out to an average of
3.80% per year. Put differently, a dollar in 1949 bought what
$0.11 buys in 2008.
Common amounts: 1949 dollars in 2008
Amount in 1949
Value in 2008
$1.00
$9.05
$5.00
$45.23
$10.00
$90.46
$20.00
$181
$50.00
$452
$100
$905
$500
$4,523
$1,000
$9,046
$5,000
$45,232
$10,000
$90,463
$100,000
$904,634
$1,000,000
$9,046,345
Inflation by spending category, 1949–2008
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1949 spending costs in 2008, by category:
Category
Avg. yearly inflation
$100 in 1949 →
All items (CPI-U)
3.80%
$905
Medical care
5.58%
$2,460
Transportation
3.76%
$885
Food
3.71%
$856
Apparel
1.83%
$291
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 2008: $100 is worth $905 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1949-to-2008/
APA: InflationCalculator.com. Inflation from 1949 to 2008. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1949-to-2008/