\$150 in 1950 → \$1,542.74 in 2018

Inflation Calculator

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U.S. Inflation Rate, 1950-2018 (\$150)

According to the Bureau of Labor Statistics consumer price index, the dollar experienced an average inflation rate of 3.49% per year. Prices in 2018 are 928.5% higher than prices in 1950.

In other words, \$150 in the year 1950 is equivalent in purchasing power to \$1,542.74 in 2018, a difference of \$1,392.74 over 68 years.

The current inflation rate in 2018 is 1.26%1. If this number holds, \$150 today will be equivalent to \$151.89 next year.

 Cumulative price change 928.49% Average inflation rate 3.49% Price difference (\$150 base) \$1,392.74 CPI in 1950 24.1 CPI in 2018 247.867

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How to calculate the inflation rate for \$150 since 1950

CPI in 2018 / CPI in 1950 * 1950 USD value = 2018 USD value

Then plug in historical CPI values. The U.S. CPI was 24.1 in the year 1950 and 247.867 in 2018:

247.867 / 24.1 * \$150 = \$1,542.74

\$150 in 1950 has the same "purchasing power" as \$1,542.74 in 2018.