1.74× price rise
Average US inflation: 2.44% a year over 23 years. Prices did not double in this span. Highest year: 1951 (7.9%). Lowest: 1949 (-1.0%).
| 1947 | in 1970 | 1970 amount in 1947 money |
|---|---|---|
| $1 | $1.74 | $0.57 |
| $10 | $17.39 | $5.75 |
| $100 | $173.93 | $57.49 |
| $1,000 | $1,739.31 | $574.94 |
| $10,000 | $17,393.09 | $5,749.41 |
| $100,000 | $173,930.89 | $57,494.10 |
| 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% |
| 1957 | $125.89 | 3.4% |
| 1958 | $129.33 | 2.7% |
| 1959 | $130.53 | 0.9% |
| 1960 | $132.48 | 1.5% |
| 1961 | $133.90 | 1.1% |
| 1962 | $135.47 | 1.2% |
| 1963 | $137.17 | 1.3% |
| 1964 | $138.99 | 1.3% |
| 1965 | $141.18 | 1.6% |
| 1966 | $145.40 | 3.0% |
| 1967 | $149.45 | 2.8% |
| 1968 | $155.80 | 4.2% |
| 1969 | $164.27 | 5.4% |
| 1970 | $173.93 | 5.9% |
1947–1969 · 1947–1971 · All years
$100 in 1947 had about the same buying power as $173.93 in 1970, based on US consumer price index data.
About 2.44% per year, compounding to a 73.9% total rise in prices over 23 years.
1951 saw the largest annual rise in the index (7.9%); the lowest was 1949 (-1.0%).