Between 1950 and 2006, the Consumer Price Index went from 24.1 to 201.6.
Cumulatively, prices increased 736.5%, which works out to an average of
3.87% per year. Put differently, a dollar in 1950 bought what
$0.12 buys in 2006.
Common amounts: 1950 dollars in 2006
Amount in 1950
Value in 2006
$1.00
$8.37
$5.00
$41.83
$10.00
$83.65
$20.00
$167
$50.00
$418
$100
$837
$500
$4,183
$1,000
$8,365
$5,000
$41,826
$10,000
$83,651
$100,000
$836,515
$1,000,000
$8,365,145
Inflation by spending category, 1950–2006
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1950 spending costs in 2006, by category:
Category
Avg. yearly inflation
$100 in 1950 →
All items (CPI-U)
3.87%
$837
Medical care
5.70%
$2,226
Transportation
3.78%
$797
Food
3.71%
$769
Apparel
1.96%
$297
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 2006: $100 is worth $837 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1950-to-2006/
APA: InflationCalculator.com. Inflation from 1950 to 2006. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1950-to-2006/