1.23× price rise
Average US inflation: 1.74% a year over 12 years. Prices did not double in this span. Highest year: 1951 (7.9%). Lowest: 1949 (-1.0%).
| 1948 | in 1960 | 1960 amount in 1948 money |
|---|---|---|
| $1 | $1.23 | $0.81 |
| $10 | $12.30 | $8.13 |
| $100 | $123.04 | $81.27 |
| $1,000 | $1,230.40 | $812.74 |
| $10,000 | $12,304.01 | $8,127.43 |
| $100,000 | $123,040.13 | $81,274.29 |
| 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% |
| 1957 | $116.92 | 3.4% |
| 1958 | $120.11 | 2.7% |
| 1959 | $121.23 | 0.9% |
| 1960 | $123.04 | 1.5% |
1948–1959 · 1948–1961 · All years
$100 in 1948 had about the same buying power as $123.04 in 1960, based on US consumer price index data.
About 1.74% per year, compounding to a 23.0% total rise in prices over 12 years.
1951 saw the largest annual rise in the index (7.9%); the lowest was 1949 (-1.0%).