1.22× price rise
Average US inflation: 2.21% a year over 9 years. Prices did not double in this span. Highest year: 1951 (7.9%). Lowest: 1949 (-1.0%).
| 1947 | in 1956 | 1956 amount in 1947 money |
|---|---|---|
| $1 | $1.22 | $0.82 |
| $10 | $12.18 | $8.21 |
| $100 | $121.76 | $82.13 |
| $1,000 | $1,217.59 | $821.29 |
| $10,000 | $12,175.91 | $8,212.94 |
| $100,000 | $121,759.09 | $82,129.39 |
| 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% |
| 1954 | $120.30 | 0.4% |
| 1955 | $119.99 | -0.3% |
| 1956 | $121.76 | 1.5% |
1947–1955 · 1947–1957 · All years
$100 in 1947 had about the same buying power as $121.76 in 1956, based on US consumer price index data.
About 2.21% per year, compounding to a 21.8% total rise in prices over 9 years.
1951 saw the largest annual rise in the index (7.9%); the lowest was 1949 (-1.0%).