1.20× price rise
Average US inflation: 3.07% a year over 6 years. Prices did not double in this span. Highest year: 1951 (7.9%). Lowest: 1949 (-1.0%).
| 1947 | in 1953 | 1953 amount in 1947 money |
|---|---|---|
| $1 | $1.20 | $0.83 |
| $10 | $11.99 | $8.34 |
| $100 | $119.87 | $83.43 |
| $1,000 | $1,198.67 | $834.26 |
| $10,000 | $11,986.72 | $8,342.57 |
| $100,000 | $119,867.15 | $83,425.69 |
| Year | Value | Inflation |
|---|---|---|
| 1947 | $100.00 | |
| 1948 | $107.67 | 7.7% |
| 1949 | $106.62 | -1.0% |
| 1950 | $107.75 | 1.1% |
| 1951 | $116.31 | 7.9% |
| 1952 | $118.96 | 2.3% |
| 1953 | $119.87 | 0.8% |
1947–1952 · 1947–1954 · All years
$100 in 1947 had about the same buying power as $119.87 in 1953, based on US consumer price index data.
About 3.07% per year, compounding to a 19.9% total rise in prices over 6 years.
1951 saw the largest annual rise in the index (7.9%); the lowest was 1949 (-1.0%).