1.68× price rise
Average US inflation: 2.29% a year over 23 years. Prices did not double in this span. Highest year: 1951 (7.9%). Lowest: 1949 (-1.0%).
| 1948 | in 1971 | 1971 amount in 1948 money |
|---|---|---|
| $1 | $1.68 | $0.59 |
| $10 | $16.84 | $5.94 |
| $100 | $168.36 | $59.39 |
| $1,000 | $1,683.65 | $593.95 |
| $10,000 | $16,836.49 | $5,939.48 |
| $100,000 | $168,364.87 | $59,394.81 |
| 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% |
| 1962 | $125.82 | 1.2% |
| 1963 | $127.40 | 1.3% |
| 1964 | $129.08 | 1.3% |
| 1965 | $131.12 | 1.6% |
| 1966 | $135.04 | 3.0% |
| 1967 | $138.80 | 2.8% |
| 1968 | $144.69 | 4.2% |
| 1969 | $152.56 | 5.4% |
| 1970 | $161.54 | 5.9% |
| 1971 | $168.36 | 4.2% |
1948–1970 · 1948–1972 · All years
$100 in 1948 had about the same buying power as $168.36 in 1971, based on US consumer price index data.
About 2.29% per year, compounding to a 68.4% total rise in prices over 23 years.
1951 saw the largest annual rise in the index (7.9%); the lowest was 1949 (-1.0%).