Between 1950 and 2012, the Consumer Price Index went from 24.1 to 229.594.
Cumulatively, prices increased 852.7%, which works out to an average of
3.70% per year. Put differently, a dollar in 1950 bought what
$0.10 buys in 2012.
Common amounts: 1950 dollars in 2012
Amount in 1950
Value in 2012
$1.00
$9.53
$5.00
$47.63
$10.00
$95.27
$20.00
$191
$50.00
$476
$100
$953
$500
$4,763
$1,000
$9,527
$5,000
$47,634
$10,000
$95,267
$100,000
$952,672
$1,000,000
$9,526,722
Inflation by spending category, 1950–2012
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1950 spending costs in 2012, by category:
Category
Avg. yearly inflation
$100 in 1950 →
All items (CPI-U)
3.70%
$953
Medical care
5.49%
$2,748
Transportation
3.71%
$957
Food
3.64%
$920
Apparel
1.86%
$313
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 5 years; the calculator above covers any pair of years.
Cite this page
MLA: “Inflation from 1950 to 2012: $100 is worth $953 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1950-to-2012/
APA: InflationCalculator.com. Inflation from 1950 to 2012. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1950-to-2012/