Between 1950 and 1954, the Consumer Price Index went from 24.1 to 26.9.
Cumulatively, prices increased 11.6%, which works out to an average of
2.79% per year. Put differently, a dollar in 1950 bought what
$0.90 buys in 1954.
Common amounts: 1950 dollars in 1954
Amount in 1950
Value in 1954
$1.00
$1.12
$5.00
$5.58
$10.00
$11.16
$20.00
$22.32
$50.00
$55.81
$100
$112
$500
$558
$1,000
$1,116
$5,000
$5,581
$10,000
$11,162
$100,000
$111,618
$1,000,000
$1,116,183
Inflation by spending category, 1950–1954
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1950 spending costs in 1954, by category:
Category
Avg. yearly inflation
$100 in 1950 →
All items (CPI-U)
2.79%
$112
Medical care
4.20%
$118
Transportation
3.55%
$115
Food
2.65%
$111
Apparel
1.69%
$107
Not shown because the BLS began these indexes after 1950: core (all items less food & energy) (1957–), energy (1957–), housing (1967–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1950 to 1954: $100 is worth $112 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1950-to-1954/
APA: InflationCalculator.com. Inflation from 1950 to 1954. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1950-to-1954/