$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 consumer price index, 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 in purchasing power 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

Alcoholic beverages · New cars · Wine at home · 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

$600 in 1950 has the same "purchasing power" as $5,975.28 in 2016.


News headlines from 1950

Politics and news often influence economic performance. Here's what was happening at the time:

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

Inflation Data Source

Raw data for these calculations comes from 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.

You may use the following MLA citation for this page: “$600 in 1950 → 2016 | Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 17 Jan. 2018, http://www.in2013dollars.com/1950-dollars-in-2016?amount=600.


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