Between 1950 and 1990, the Consumer Price Index went from 24.1 to 130.7.
Cumulatively, prices increased 442.3%, which works out to an average of
4.32% per year. Put differently, a dollar in 1950 bought what
$0.18 buys in 1990.
Common amounts: 1950 dollars in 1990
Amount in 1950
Value in 1990
$1.00
$5.42
$5.00
$27.12
$10.00
$54.23
$20.00
$108
$50.00
$271
$100
$542
$500
$2,712
$1,000
$5,423
$5,000
$27,116
$10,000
$54,232
$100,000
$542,324
$1,000,000
$5,423,237
Inflation by spending category, 1950–1990
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1950 spending costs in 1990, by category:
Category
Avg. yearly inflation
$100 in 1950 →
All items (CPI-U)
4.32%
$542
Medical care
6.12%
$1,078
Transportation
4.26%
$531
Food
4.21%
$521
Apparel
2.85%
$308
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–).
Long periods are sampled every 2 years; the calculator above covers any pair of years.
The destination year: 1990
In 1990, the median U.S. household earned about $29,900, gas averaged $1.15 a
gallon, and mailing a letter cost a quarter. Inflation ran hot at 5.4% for the
year, its highest rate since 1982, pushed up by an oil shock after Iraq’s
invasion of Kuwait, and the economy tipped into recession that summer. It was
the last gasp of elevated inflation before the long calm of the 1990s.
MLA: “Inflation from 1950 to 1990: $100 is worth $542 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1950-to-1990/
APA: InflationCalculator.com. Inflation from 1950 to 1990. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1950-to-1990/