# \$100 in 1950 is worth \$1,034.11 in 2019

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👉 You may be interested in \$100 in 1950 → 2020

## Value of \$100 from 1950 to 2019

According to Statistics Canada consumer price index, prices in 2019 are 934.11% higher than average prices since 1950. The Canadian dollar experienced an average inflation rate of 3.44% per year during this period, causing the real value of a dollar to decrease.

In other words, \$100 in 1950 is equivalent in purchasing power to about \$1,034.11 in 2019, a difference of \$934.11 over 69 years.

The 1950 inflation rate was 5.74%. The inflation rate in 2019 was 1.99%. The 2019 inflation rate is lower compared to the average inflation rate of 2.25% per year between 2019 and 2020.

 Cumulative price change 934.11% Average inflation rate 3.44% Converted amount (\$100 base) \$1,034.11 Price difference (\$100 base) \$934.11 CPI in 1950 12.900 CPI in 2019 133.400 Inflation in 1950 5.74% Inflation in 2019 1.99%

CAD Inflation since 1914
Annual Rate, Statistics Canada CPI

## Buying power of \$100 in 1950

This chart shows a calculation of buying power equivalence for \$100 in 1950 (price index tracking began in 1914).

For example, if you started with \$100, you would need to end with \$1,034.11 in order to "adjust" for inflation (sometimes refered to as "beating inflation").

When \$100 is equivalent to \$1,034.11 over time, that means that the "real value" of a single Canadian dollar decreases over time. In other words, a dollar will pay for fewer items at the store.

This effect explains how inflation erodes the value of a dollar over time. By calculating the value in 1950 dollars, the chart below shows how \$100 is worth less over 69 years.

According to Statistics Canada, each of these CAD amounts below is equal in terms of what it could buy at the time:

Dollar inflation: 1950-2019
Year Dollar Value Inflation Rate
1950 \$100.00 5.74%
1951 \$110.85 10.85%
1952 \$109.30 -1.40%
1953 \$109.30 0.00%
1954 \$109.30 0.00%
1955 \$110.08 0.71%
1956 \$113.18 2.82%
1957 \$115.50 2.05%
1958 \$118.60 2.68%
1959 \$120.16 1.31%
1960 \$121.71 1.29%
1961 \$121.71 0.00%
1962 \$124.03 1.91%
1963 \$126.36 1.88%
1964 \$128.68 1.84%
1965 \$132.56 3.01%
1966 \$137.21 3.51%
1967 \$142.64 3.95%
1968 \$148.84 4.35%
1969 \$155.81 4.69%
1970 \$157.36 1.00%
1971 \$165.12 4.93%
1972 \$173.64 5.16%
1973 \$189.92 9.38%
1974 \$213.95 12.65%
1975 \$234.11 9.42%
1976 \$247.29 5.63%
1977 \$270.54 9.40%
1978 \$293.80 8.60%
1979 \$322.48 9.76%
1980 \$358.14 11.06%
1981 \$401.55 12.12%
1982 \$438.76 9.27%
1983 \$458.91 4.59%
1984 \$475.97 3.72%
1985 \$496.90 4.40%
1986 \$517.83 4.21%
1987 \$539.53 4.19%
1988 \$560.47 3.88%
1989 \$589.92 5.26%
1990 \$619.38 4.99%
1991 \$642.64 3.75%
1992 \$656.59 2.17%
1993 \$667.44 1.65%
1994 \$668.99 0.23%
1995 \$680.62 1.74%
1996 \$695.35 2.16%
1997 \$700.78 0.78%
1998 \$707.75 1.00%
1999 \$726.36 2.63%
2000 \$749.61 3.20%
2001 \$755.04 0.72%
2002 \$783.72 3.80%
2003 \$800.00 2.08%
2004 \$817.05 2.13%
2005 \$834.11 2.09%
2006 \$848.06 1.67%
2007 \$868.22 2.38%
2008 \$878.29 1.16%
2009 \$889.92 1.32%
2010 \$910.85 2.35%
2011 \$931.78 2.30%
2012 \$939.53 0.83%
2013 \$951.16 1.24%
2014 \$965.12 1.47%
2015 \$980.62 1.61%
2016 \$995.35 1.50%
2017 \$1,010.85 1.56%
2018 \$1,013.95 0.31%
2019 \$1,034.11 1.99%
2020 \$1,057.36 2.25%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.
Click to show 63 more rows

This conversion table shows various other 1950 amounts in 2019 dollars, based on the 934.11% change in prices:

Conversion Table: Value of a dollar in 2019
Initial value Equivalent value
\$1 dollar in 1950 \$10.34 dollars in 2019
\$5 dollars in 1950 \$51.71 dollars in 2019
\$10 dollars in 1950 \$103.41 dollars in 2019
\$50 dollars in 1950 \$517.05 dollars in 2019
\$100 dollars in 1950 \$1,034.11 dollars in 2019
\$500 dollars in 1950 \$5,170.54 dollars in 2019
\$1,000 dollars in 1950 \$10,341.09 dollars in 2019
\$5,000 dollars in 1950 \$51,705.43 dollars in 2019
\$10,000 dollars in 1950 \$103,410.85 dollars in 2019
\$50,000 dollars in 1950 \$517,054.26 dollars in 2019
\$100,000 dollars in 1950 \$1,034,108.53 dollars in 2019
\$500,000 dollars in 1950 \$5,170,542.64 dollars in 2019
\$1,000,000 dollars in 1950 \$10,341,085.27 dollars in 2019

## How to Calculate Inflation Rate for \$100, 1950 to 2019

Our calculations use the following inflation rate formula to calculate the change in value between 1950 and 2019:

CPI in 2019 CPI in 1950
×
=

Then plug in historical CPI values. The Canadian CPI was 12.9 in the year 1950 and 133.4 in 2019:

133.412.9
×
\$100
=
\$1,034.11

\$100 in 1950 has the same "purchasing power" or "buying power" as \$1,034.11 in 2019.

To get the total inflation rate for the 69 years between 1950 and 2019, we use the following formula:

CPI in 2019 - CPI in 1950CPI in 1950
×
100
=
Cumulative inflation rate (69 years)

Plugging in the values to this equation, we get:

133.4 - 12.912.9
×
100
=
934%

## 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.

## Data Source & Citation

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 → 2019 | Canada Inflation Calculator.” Official Inflation Data, Alioth Finance, 12 Aug. 2020, https://www.officialdata.org/canada/inflation/1950?amount=100&endYear=2019.

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.

#### About the author

Ian Webster is an engineer and data expert based in San Mateo, California. He has worked for Google, NASA, and consulted for governments around the world on data pipelines and data analysis. Disappointed by the lack of clear resources on the impacts of inflation on economic indicators, Ian believes this website serves as a valuable public tool. Ian earned his degree in Computer Science from Dartmouth College.

 Cumulative price change 934.11% Average inflation rate 3.44% Converted amount (\$100 base) \$1,034.11 Price difference (\$100 base) \$934.11 CPI in 1950 12.900 CPI in 2019 133.400 Inflation in 1950 5.74% Inflation in 2019 1.99%