1.13× price rise
Average US inflation: 1.55% a year over 8 years. Prices did not double in this span. Highest year: 1951 (7.9%). Lowest: 1949 (-1.0%).
| 1948 | in 1956 | 1956 amount in 1948 money |
|---|---|---|
| $1 | $1.13 | $0.88 |
| $10 | $11.31 | $8.84 |
| $100 | $113.08 | $88.43 |
| $1,000 | $1,130.83 | $884.31 |
| $10,000 | $11,308.31 | $8,843.05 |
| $100,000 | $113,083.11 | $88,430.54 |
| Year | Value | Inflation |
|---|---|---|
| 1948 | $100.00 | |
| 1949 | $99.02 | -1.0% |
| 1950 | $100.07 | 1.1% |
| 1951 | $108.02 | 7.9% |
| 1952 | $110.49 | 2.3% |
| 1953 | $111.33 | 0.8% |
| 1954 | $111.73 | 0.4% |
| 1955 | $111.44 | -0.3% |
| 1956 | $113.08 | 1.5% |
1948–1955 · 1948–1957 · All years
$100 in 1948 had about the same buying power as $113.08 in 1956, based on US consumer price index data.
About 1.55% per year, compounding to a 13.1% total rise in prices over 8 years.
1951 saw the largest annual rise in the index (7.9%); the lowest was 1949 (-1.0%).