$600 in 1950 → $5,975.28 in 2016

Inflation Calculator

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U.S. Inflation Rate, 1950-2016 ($600)

According to the Bureau of Labor Statistics, the dollar experienced an average inflation rate of 3.54% per year. Prices in 2016 are 895.9% higher than prices in 1950.

In other words, $600 in the year 1950 is equivalent to $5,975.28 in 2016, a difference of $5,375.28 over 66 years.

The inflation rate in 2016 was 1.26%.

Inflation from 1950 to 2016
Cumulative price change 895.88%
Average inflation rate 3.54%
Price difference ($600 base) $5,375.28
CPI in 1950 24.1
CPI in 2016 240.007


U.S. inflation from 1913 to 2017


Inflation rates for specific categories

Gasoline (all types) · Housing · Jewelry · More

Inflation-adjusted measures

S&P 500 price · S&P 500 earnings · Shiller P/E

How to calculate the inflation rate for $600, 1950 to 2016

Start with the inflation rate formula:

CPI in 2016 / CPI in 1950 * 1950 USD value = 2016 USD value

Then plug in historical CPI values. The U.S. CPI was 24.1 in the year 1950 and 240.007 in 2016:

240.007 / 24.1 * $600 = $5,975.28

The "purchasing power" of $600 from 1950 is $5,975.28 in 2016.


News headlines from 1950

Politics and news often play an important role in economic performance.

  • Jerusalem is proclaimed the capital of Israel by Knesset
  • North Korea, invades South Korea, the cause of many further Korean conflicts.
  • Harry Truman, announces that America will seek to develop a hydrogen bomb.
  • Chinese forces occupy Tibet.

Inflation Data Source: The Bureau of Labor Statistics' (CPI), established in 1913. Inflation data from 1665 to 1912 is sourced from a historical study conducted by political science professor Robert Sahr at Oregon State University.


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