Between 1950 and 2021, the Consumer Price Index went from 24.1 to 270.97.
Cumulatively, prices increased 1024.4%, which works out to an average of
3.47% per year. Put differently, a dollar in 1950 bought what
$0.09 buys in 2021.
Common amounts: 1950 dollars in 2021
Amount in 1950
Value in 2021
$1.00
$11.24
$5.00
$56.22
$10.00
$112
$20.00
$225
$50.00
$562
$100
$1,124
$500
$5,622
$1,000
$11,244
$5,000
$56,218
$10,000
$112,436
$100,000
$1,124,357
$1,000,000
$11,243,568
Inflation by spending category, 1950–2021
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1950 spending costs in 2021, by category:
Category
Avg. yearly inflation
$100 in 1950 →
All items (CPI-U)
3.47%
$1,124
Medical care
5.13%
$3,479
Food
3.43%
$1,094
Transportation
3.32%
$1,016
Apparel
1.56%
$300
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 2021: $100 is worth $1,124 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1950-to-2021/
APA: InflationCalculator.com. Inflation from 1950 to 2021. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1950-to-2021/