Between 1950 and 2018, the Consumer Price Index went from 24.1 to 251.107.
Cumulatively, prices increased 941.9%, which works out to an average of
3.51% per year. Put differently, a dollar in 1950 bought what
$0.10 buys in 2018.
Common amounts: 1950 dollars in 2018
Amount in 1950
Value in 2018
$1.00
$10.42
$5.00
$52.10
$10.00
$104
$20.00
$208
$50.00
$521
$100
$1,042
$500
$5,210
$1,000
$10,419
$5,000
$52,097
$10,000
$104,194
$100,000
$1,041,938
$1,000,000
$10,419,378
Inflation by spending category, 1950–2018
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1950 spending costs in 2018, by category:
Category
Avg. yearly inflation
$100 in 1950 →
All items (CPI-U)
3.51%
$1,042
Medical care
5.23%
$3,210
Food
3.44%
$998
Transportation
3.33%
$928
Apparel
1.69%
$312
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 2018: $100 is worth $1,042 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1950-to-2018/
APA: InflationCalculator.com. Inflation from 1950 to 2018. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1950-to-2018/