Between 1950 and 2013, the Consumer Price Index went from 24.1 to 232.957.
Cumulatively, prices increased 866.6%, which works out to an average of
3.67% per year. Put differently, a dollar in 1950 bought what
$0.10 buys in 2013.
Common amounts: 1950 dollars in 2013
Amount in 1950
Value in 2013
$1.00
$9.67
$5.00
$48.33
$10.00
$96.66
$20.00
$193
$50.00
$483
$100
$967
$500
$4,833
$1,000
$9,666
$5,000
$48,331
$10,000
$96,663
$100,000
$966,627
$1,000,000
$9,666,266
Inflation by spending category, 1950–2013
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1950 spending costs in 2013, by category:
Category
Avg. yearly inflation
$100 in 1950 →
All items (CPI-U)
3.67%
$967
Medical care
5.44%
$2,815
Transportation
3.65%
$958
Food
3.61%
$933
Apparel
1.84%
$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 5 years; the calculator above covers any pair of years.
Cite this page
MLA: “Inflation from 1950 to 2013: $100 is worth $967 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1950-to-2013/
APA: InflationCalculator.com. Inflation from 1950 to 2013. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1950-to-2013/