Between 1949 and 2022, the Consumer Price Index went from 23.8 to 292.655.
Cumulatively, prices increased 1129.6%, which works out to an average of
3.50% per year. Put differently, a dollar in 1949 bought what
$0.08 buys in 2022.
Common amounts: 1949 dollars in 2022
Amount in 1949
Value in 2022
$1.00
$12.30
$5.00
$61.48
$10.00
$123
$20.00
$246
$50.00
$615
$100
$1,230
$500
$6,148
$1,000
$12,296
$5,000
$61,482
$10,000
$122,964
$100,000
$1,229,643
$1,000,000
$12,296,429
Inflation by spending category, 1949–2022
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1949 spending costs in 2022, by category:
Category
Avg. yearly inflation
$100 in 1949 →
All items (CPI-U)
3.50%
$1,230
Medical care
5.07%
$3,693
Food
3.49%
$1,222
Transportation
3.47%
$1,205
Apparel
1.57%
$311
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 5 years; the calculator above covers any pair of years.
The destination year: 2022
2022 was the year inflation returned. Consumer prices rose 8.0% on average,
the worst since 1981, driven by pandemic-era supply chains, stimulus-fueled
demand, and an energy shock from the war in Ukraine. Gas briefly topped $5 a
gallon nationally for the first time ever, and “inflation” became the
top-ranked economic concern in nearly every poll of American households.
MLA: “Inflation from 1949 to 2022: $100 is worth $1,230 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1949-to-2022/
APA: InflationCalculator.com. Inflation from 1949 to 2022. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1949-to-2022/