1.24× price rise
Average US inflation: 1.69% a year over 13 years. Prices did not double in this span. Highest year: 1951 (7.9%). Lowest: 1949 (-1.0%).
| 1948 | in 1961 | 1961 amount in 1948 money |
|---|---|---|
| $1 | $1.24 | $0.80 |
| $10 | $12.44 | $8.04 |
| $100 | $124.36 | $80.41 |
| $1,000 | $1,243.57 | $804.14 |
| $10,000 | $12,435.71 | $8,041.36 |
| $100,000 | $124,357.11 | $80,413.58 |
| 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% |
| 1961 | $124.36 | 1.1% |
1948–1960 · 1948–1962 · All years
$100 in 1948 had about the same buying power as $124.36 in 1961, based on US consumer price index data.
About 1.69% per year, compounding to a 24.4% total rise in prices over 13 years.
1951 saw the largest annual rise in the index (7.9%); the lowest was 1949 (-1.0%).