According to the U.S. Bureau of Labor Statistics, prices for medical care are 3,812.11% higher in 2026 versus 1950 (a $301,156,884,233.74 difference in value).
Between 1950 and 2026:Medical care experienced an average inflation rate of 4.94% per year. This rate of change indicates significant inflation. In other words, medical care costing $7,900,000,000 in the year 1950 would cost $309,056,884,233.74 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 3.49% during this same period, inflation for medical care was higher.
In the year 1950: Pricing changed by 1.85%, which is significantly below the average yearly change for medical care during the 1950-2026 time period. Compared to inflation for all items in 1950 (1.09%), inflation for medical care was higher.
Below are calculations of equivalent buying power for Medical care, over time, for $7,900,000,000 beginning in 1950. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1950 | $7,900,000,000.00 | 1.85% |
| 1951 | $8,274,531,422.27 | 4.74% |
| 1952 | $8,727,453,142.23 | 5.47% |
| 1953 | $9,036,659,316.43 | 3.54% |
| 1954 | $9,315,380,374.86 | 3.08% |
| 1955 | $9,533,131,201.76 | 2.34% |
| 1956 | $9,881,532,524.81 | 3.65% |
| 1957 | $10,286,549,062.84 | 4.10% |
| 1958 | $10,778,665,931.64 | 4.78% |
| 1959 | $11,231,587,651.60 | 4.20% |
| 1960 | $11,627,894,156.56 | 3.53% |
| 1961 | $11,980,650,496.14 | 3.03% |
| 1962 | $12,298,566,703.42 | 2.65% |
| 1963 | $12,590,352,811.47 | 2.37% |
| 1964 | $12,847,298,787.21 | 2.04% |
| 1965 | $13,160,859,977.95 | 2.44% |
| 1966 | $13,744,432,194.05 | 4.43% |
| 1967 | $14,711,245,865.49 | 7.03% |
| 1968 | $15,604,024,255.79 | 6.07% |
| 1969 | $16,684,068,357.22 | 6.92% |
| 1970 | $17,742,337,375.96 | 6.34% |
| 1971 | $18,892,061,742.01 | 6.48% |
| 1972 | $19,501,764,057.33 | 3.23% |
| 1973 | $20,255,181,918.41 | 3.86% |
| 1974 | $22,140,904,079.38 | 9.31% |
| 1975 | $24,810,529,217.20 | 12.06% |
| 1976 | $27,170,948,180.82 | 9.51% |
| 1977 | $29,766,538,037.49 | 9.55% |
| 1978 | $32,279,382,579.93 | 8.44% |
| 1979 | $35,266,923,925.03 | 9.26% |
| 1980 | $39,129,823,594.27 | 10.95% |
| 1981 | $43,336,769,570.01 | 10.75% |
| 1982 | $48,366,813,671.44 | 11.61% |
| 1983 | $52,569,404,630.65 | 8.69% |
| 1984 | $55,844,377,067.25 | 6.23% |
| 1985 | $59,324,035,281.15 | 6.23% |
| 1986 | $63,779,217,199.56 | 7.51% |
| 1987 | $68,012,293,274.53 | 6.64% |
| 1988 | $72,454,410,143.33 | 6.53% |
| 1989 | $77,998,346,196.25 | 7.65% |
| 1990 | $85,079,603,087.10 | 9.08% |
| 1991 | $92,509,261,300.99 | 8.73% |
| 1992 | $99,329,217,199.56 | 7.37% |
| 1993 | $105,256,394,707.83 | 5.97% |
| 1994 | $110,277,728,776.19 | 4.77% |
| 1995 | $115,216,317,530.32 | 4.48% |
| 1996 | $119,270,837,927.23 | 3.52% |
| 1997 | $122,593,715,545.76 | 2.79% |
| 1998 | $126,539,360,529.22 | 3.22% |
| 1999 | $130,955,347,298.79 | 3.49% |
| 2000 | $136,268,467,475.19 | 4.06% |
| 2001 | $142,544,046,306.50 | 4.61% |
| 2002 | $149,255,126,791.62 | 4.71% |
| 2003 | $155,251,984,564.50 | 4.02% |
| 2004 | $162,076,295,479.60 | 4.40% |
| 2005 | $168,918,026,460.86 | 4.22% |
| 2006 | $175,690,077,177.51 | 4.01% |
| 2007 | $183,461,299,338.48 | 4.42% |
| 2008 | $190,261,004,410.14 | 3.71% |
| 2009 | $196,296,229,878.72 | 3.17% |
| 2010 | $202,997,250,275.63 | 3.41% |
| 2011 | $209,175,363,836.82 | 3.04% |
| 2012 | $216,840,062,293.27 | 3.66% |
| 2013 | $222,176,133,406.84 | 2.46% |
| 2014 | $227,484,593,715.55 | 2.39% |
| 2015 | $233,473,525,358.32 | 2.63% |
| 2016 | $242,317,300,992.28 | 3.79% |
| 2017 | $248,404,133,406.84 | 2.51% |
| 2018 | $253,308,840,132.30 | 1.97% |
| 2019 | $260,471,797,133.41 | 2.83% |
| 2020 | $271,165,366,041.90 | 4.11% |
| 2021 | $274,510,497,794.93 | 1.23% |
| 2022 | $285,629,943,770.67 | 4.05% |
| 2023 | $286,952,562,293.27 | 0.46% |
| 2024 | $294,664,425,578.83 | 2.69% |
| 2025 | $303,369,493,936.05 | 2.95% |
| 2026 | $309,056,884,233.74 | 1.87%* |
* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Medical care:
| Year | 1935 | 1936 | 1937 | 1938 | 1939 | 1940 | 1941 | 1942 | 1943 | 1944 | 1945 | 1946 | 1947 | 1948 | 1949 | 1950 | 1951 | 1952 | 1953 | 1954 | 1955 | 1956 | 1957 | 1958 | 1959 | 1960 | 1961 | 1962 | 1963 | 1964 | 1965 | 1966 | 1967 | 1968 | 1969 | 1970 | 1971 | 1972 | 1973 | 1974 | 1975 | 1976 | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
| CPI | 10.200 | 10.200 | 10.283 | 10.300 | 10.358 | 10.350 | 10.408 | 10.683 | 11.192 | 11.525 | 11.850 | 12.408 | 13.542 | 14.375 | 14.842 | 15.117 | 15.833 | 16.700 | 17.292 | 17.825 | 18.242 | 18.908 | 19.683 | 20.625 | 21.492 | 22.250 | 22.925 | 23.533 | 24.092 | 24.583 | 25.183 | 26.300 | 28.150 | 29.858 | 31.925 | 33.950 | 36.150 | 37.317 | 38.758 | 42.367 | 47.475 | 51.992 | 56.958 | 61.767 | 67.483 | 74.875 | 82.925 | 92.550 | 100.592 | 106.858 | 113.517 | 122.042 | 130.142 | 138.642 | 149.250 | 162.800 | 177.017 | 190.067 | 201.408 | 211.017 | 220.467 | 228.225 | 234.583 | 242.133 | 250.583 | 260.750 | 272.758 | 285.600 | 297.075 | 310.133 | 323.225 | 336.183 | 351.054 | 364.065 | 375.613 | 388.436 | 400.257 | 414.924 | 425.134 | 435.292 | 446.752 | 463.675 | 475.322 | 484.707 | 498.413 | 518.875 | 525.276 | 546.553 | 549.084 | 563.841 | 580.498 | 591.381 |