Between 1950 and 2001, the Consumer Price Index went from 24.1 to 177.1.
Cumulatively, prices increased 634.9%, which works out to an average of
3.99% per year. Put differently, a dollar in 1950 bought what
$0.14 buys in 2001.
Common amounts: 1950 dollars in 2001
Amount in 1950
Value in 2001
$1.00
$7.35
$5.00
$36.74
$10.00
$73.49
$20.00
$147
$50.00
$367
$100
$735
$500
$3,674
$1,000
$7,349
$5,000
$36,743
$10,000
$73,485
$100,000
$734,855
$1,000,000
$7,348,548
Inflation by spending category, 1950–2001
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1950 spending costs in 2001, by category:
Category
Avg. yearly inflation
$100 in 1950 →
All items (CPI-U)
3.99%
$735
Medical care
5.84%
$1,807
Food
3.83%
$681
Transportation
3.83%
$680
Apparel
2.28%
$316
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.
Cite this page
MLA: “Inflation from 1950 to 2001: $100 is worth $735 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1950-to-2001/
APA: InflationCalculator.com. Inflation from 1950 to 2001. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1950-to-2001/