Between 1950 and 2020, the Consumer Price Index went from 24.1 to 258.811.
Cumulatively, prices increased 973.9%, which works out to an average of
3.45% per year. Put differently, a dollar in 1950 bought what
$0.09 buys in 2020.
Common amounts: 1950 dollars in 2020
Amount in 1950
Value in 2020
$1.00
$10.74
$5.00
$53.70
$10.00
$107
$20.00
$215
$50.00
$537
$100
$1,074
$500
$5,370
$1,000
$10,739
$5,000
$53,695
$10,000
$107,390
$100,000
$1,073,905
$1,000,000
$10,739,046
Inflation by spending category, 1950–2020
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1950 spending costs in 2020, by category:
Category
Avg. yearly inflation
$100 in 1950 →
All items (CPI-U)
3.45%
$1,074
Medical care
5.18%
$3,436
Food
3.42%
$1,052
Transportation
3.17%
$887
Apparel
1.55%
$293
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 2020: $100 is worth $1,074 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1950-to-2020/
APA: InflationCalculator.com. Inflation from 1950 to 2020. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1950-to-2020/