# \$4,000 in 1950 → \$41,139.75 in 2018

## Inflation Calculator

\$

### U.S. Inflation Rate, 1950-2018 (\$4,000)

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, \$4,000 in the year 1950 is equivalent in purchasing power to \$41,139.75 in 2018, a difference of \$37,139.75 over 68 years.

The current inflation rate in 2018 is 1.26%1. If this number holds, \$4,000 today will be equivalent to \$4,050.35 next year.

 Cumulative price change 928.49% Average inflation rate 3.49% Price difference (\$4,000 base) \$37,139.75 CPI in 1950 24.1 CPI in 2018 247.867

#### Inflation rates for specific categories

Gasoline (all types) · Women's apparel · Housing · More

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

### How to calculate the inflation rate for \$4,000 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 * \$4,000 = \$41,139.75

\$4,000 in 1950 has the same "purchasing power" as \$41,139.75 in 2018.