$100 in 1950 is equivalent in purchasing power to about $110.55 in 1951. The dollar had an average inflation rate of 10.55% per year between 1950 and 1951, producing a cumulative price increase of 10.55%.
This means that prices in 1951 are 1.11 times as high as average prices since 1950, according to Statistics Canada consumer price index.
The inflation rate in 1950 was 2.67%. The inflation rate in 1951 was 10.55%. The 1951 inflation rate is higher compared to the average inflation rate of 3.40% per year between 1951 and 2024.
Average inflation rate | 10.55% |
Converted amount $100 base | $110.55 |
Price difference $100 base | $10.55 |
CPI in 1950 | 12.483 |
CPI in 1951 | 13.800 |
Inflation in 1950 | 2.67% |
Inflation in 1951 | 10.55% |
$100 in 1950 | $110.55 in 1951 |
Our calculations use the following inflation rate formula to calculate the change in value between 1950 and 1951:
Then plug in historical CPI values. The Canadian CPI was 12.48333333 in the year 1950 and 13.8 in 1951:
$100 in 1950 has the same "purchasing power" or "buying power" as $110.55 in 1951.
To get the total inflation rate for the 1 years between 1950 and 1951, we use the following formula:
Plugging in the values to this equation, we get:
Raw data for these calculations comes from the government of Canada's annual Consumer Price Index (CPI), established in 1914 and computed by Statistics Canada (StatCan).
You may use the following MLA citation for this page: “$100 in 1950 → 1951 | Canada Inflation Calculator.” Official Inflation Data, Alioth Finance, 2 May. 2024, https://www.officialdata.org/canada/inflation/1950?amount=100&endYear=1951.
Special thanks to QuickChart for their chart image API, which is used for chart downloads.
in2013dollars.com is a reference website maintained by the Official Data Foundation.
Average inflation rate | 10.55% |
Converted amount $100 base | $110.55 |
Price difference $100 base | $10.55 |
CPI in 1950 | 12.483 |
CPI in 1951 | 13.800 |
Inflation in 1950 | 2.67% |
Inflation in 1951 | 10.55% |
$100 in 1950 | $110.55 in 1951 |