Value of $1 from 1950 to 1949

$1 in 1950 is identical in purchasing power to about $0.99 in 1949.The dollar had actually an average inflation rate of 1.26% per year between 1949 and also 1950, producing a cumulative price increase of -1.24%.

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This suggests that prices in 1949 are1.24% lower thanaverage prices given that 1950,according to the Bureau of Labor Statistics consumer price index.


The inflation price in 1949 was -1.24%. The inflation price in 1950 was 1.26%.The 1950 inflation price is lower compared to the average inflation price of 3.50% per year in between 1950 and 2021.


Inflation from 1950 to 1949
Typical inflation rate1.26%
Converted amount ($1 base)$0.99
Price distinction ($1 base)$-0.01
CPI in 195024.100
CPI in 194923.800
Inflation in 1949-1.24%
Inflation in 19501.26%
$1 in 1950$0.99 in 1949

Inflation by City

Inflation deserve to vary widely by city, even within the United States. Here"s exactly how some cities fared in 1950 to 1949 (figures displayed are purchasing power equivalents of $1):

Houston, Texas skilled the highest possible rate of inflation throughout the 1 years between 1949 and also 1950 (3.01%).

San Francisco, California skilled the lowest price of inflation in the time of the 1 years between 1949 and 1950 (-0.53%).

Note that some places showing 0% inflation may have not yet reported latest data.

Inflation by Country

Inflation can likewise vary extensively by country. For comparikid, in the UK £1.00 in 1950 would be indistinguishable to £0.97 in 1949, an absolute adjust of £-0.03 and a cumulative adjust of -3.03%.

In Canada, CA$1.00 in 1950 would certainly be tantamount to CA$0.95 in 1949, an absolute adjust of CA$-0.05 and also a cumulative adjust of -5.43%.


Compare these numbers to the US"s overall absolute readjust of $-0.01 and full percent adjust of -1.24%.


Inflation by Spending Category

CPI is the weighted combicountry of many kind of categories of spfinishing that are tracked by the government. Breaking dvery own these categories helps describe the main chauffeurs behind price changes.

This chart shows the average price of inflation for choose CPI categories between 1950 and 1949.


Compare these worths to the as a whole average of 1.26% per year:


CategoryAvg Inflation (%)Total Inflation (%)$1 in 1949 → 1950Food and beverages0.000.001.00Housing0.000.001.00Apparel-1.34-1.340.99Transportation2.572.571.03Medical care1.871.871.02Recreation0.000.001.00Education and communication0.000.001.00Other products and services0.000.001.00

For all these visualizations, it"s essential to note that not all categories may have been tracked given that 1950. This table and charts use the earliest obtainable information for each category.


Inflation rates of specific categoriesMedical Care· Housing· Rent · Food· More
Inflation-readjusted measuresS&P 500 price·S&P 500 earnings·Shiller P/E

How to Calculate Inflation Rate for $1, 1949 to 1950

Our calculations usage the following inflation rate formula to calculate the adjust in worth in between 1949 and also 1950:


CPI in 1949CPI in 1950
×
1950 USD value
=
1949 USD value

Then plug in historical CPI worths. The U.S. CPI was 24.1 in the year 1950 and 23.8 in 1949:


23.824.1
×
$1
=
$0.99

$1 in 1950 has actually the exact same "purchasing power" or "buying power" as $0.99 in 1949.

To obtain the total inflation rate for the 1 years between 1949 and 1950, we usage the following formula:


CPI in 1949 - CPI in 1950CPI in 1950
×
100
=
Cumulative inflation rate (1 years)

Plugging in the values to this equation, we get:


23.8 - 24.124.1
×
100
=
-1%

News headlines from 1949

Politics and also news often affect financial performance. Here"s what was happening at the time:

Jerusalem is prodeclared the funding of Israel by KnessetNorth Korea invades South Korea.Harry Truman announces that America will certainly look for to develop a hydrogen bomb.Chinese pressures occupy Tibet.

Documents Source & Citation


Raw data for these calculations comes fromthe Bureau of Labor Statistics"Consumer Price Index(CPI), establiburned in 1913. Inflation data from 1665 to1912 is sourced from a historical study performed by political scienceprofessor Robert Sahr at Oregon State College.


You may usage the adhering to MLA citation for this page:“$1 in 1950 → 1949 | Inflation Calculator.” Official Inflation Documents, Alioth Finance, 17 Dec. 2021, https://www.steustatiushistory.org/1950-dollars-in-1949?amount=1.

Special thanks to QuickChart for their chart picture API, which is offered for chart downlots.


*

About the author

Ian Webster is an engineer and information skilled based in San Mateo, California. He has worked for Google, NASA, and also consulted for governments about the people on information pipelines and data analysis. Disappointed by the absence of clear resources on the impacts of inflation on economic indicators, Ian believes this webwebsite serves as a valuable public tool. Ian earned his degree in Computer Science from Dartmouth College.

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Other resources:
Inflation from 1950 to 1949
Median inflation rate1.26%
Converted amount ($1 base)$0.99
Price distinction ($1 base)$-0.01
CPI in 195024.100
CPI in 194923.800
Inflation in 1949-1.24%
Inflation in 19501.26%
$1 in 1950$0.99 in 1949

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