👉 You may be interested in $6,000 in 1950 → **2021**

$6,000 in 1950 is equivalent in purchasing power to about $63,649.17 in 2019, an increase of $57,649.17 over 69 years. The dollar had an average inflation rate of 3.48% per year between 1950 and 2019, producing a cumulative price increase of 960.82%.

This means that prices in 2019 are 10.61 times higher than average prices since 1950, according to the Bureau of Labor Statistics consumer price index.

The 1950 inflation rate was 1.26%. The inflation rate in 2019 was 1.76%. The 2019 inflation rate is lower compared to the average inflation rate of 3.44% per year between 2019 and 2021.

Contents

⌃

Cumulative price change | 960.82% |

Average inflation rate | 3.48% |

Converted amount ($6,000 base) | $63,649.17 |

Price difference ($6,000 base) | $57,649.17 |

CPI in 1950 | 24.100 |

CPI in 2019 | 255.658 |

Inflation in 1950 | 1.26% |

Inflation in 2019 | 1.76% |

$6,000 in 1950 | $63,649.17 in 2019 |

This chart shows a calculation of buying power equivalence for $6,000 in 1950 (price index tracking began in 1635).

For example, if you started with $6,000, you would need to end with $63,649.17 in order to "adjust" for inflation (sometimes refered to as "beating inflation").

When $6,000 is equivalent to $63,649.17 over time, that means that the "real value" of a single U.S. 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 $6,000 is worth less over 69 years.

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

This conversion table shows various other 1950 amounts in 2019 dollars, based on the 960.82% change in prices:

Initial value | Equivalent value |
---|---|

$1 dollar in 1950 | $10.61 dollars in 2019 |

$5 dollars in 1950 | $53.04 dollars in 2019 |

$10 dollars in 1950 | $106.08 dollars in 2019 |

$50 dollars in 1950 | $530.41 dollars in 2019 |

$100 dollars in 1950 | $1,060.82 dollars in 2019 |

$500 dollars in 1950 | $5,304.10 dollars in 2019 |

$1,000 dollars in 1950 | $10,608.20 dollars in 2019 |

$5,000 dollars in 1950 | $53,040.98 dollars in 2019 |

$10,000 dollars in 1950 | $106,081.95 dollars in 2019 |

$50,000 dollars in 1950 | $530,409.75 dollars in 2019 |

$100,000 dollars in 1950 | $1,060,819.50 dollars in 2019 |

$500,000 dollars in 1950 | $5,304,097.51 dollars in 2019 |

$1,000,000 dollars in 1950 | $10,608,195.02 dollars in 2019 |

Inflation can vary widely by city, even within the United States. Here's how some cities fared in 1950 to 2019 (figures shown are purchasing power equivalents of $6,000):

**San Francisco, California**: 3.84% average rate, $6,000 → $80,669.17, cumulative change of 1,244.49%**Seattle, Washington**: 3.68% average rate, $6,000 → $72,725.72, cumulative change of 1,112.10%**Boston, Massachusetts**: 3.64% average rate, $6,000 → $70,559.75, cumulative change of 1,076.00%**New York**: 3.58% average rate, $6,000 → $67,821.94, cumulative change of 1,030.37%**Philadelphia, Pennsylvania**: 3.45% average rate, $6,000 → $62,307.22, cumulative change of 938.45%**Atlanta, Georgia**: 3.42% average rate, $6,000 → $60,913.31, cumulative change of 915.22%**Chicago, Illinois**: 3.39% average rate, $6,000 → $59,673.57, cumulative change of 894.56%**Houston, Texas**: 3.36% average rate, $6,000 → $58,779.70, cumulative change of 879.66%**Detroit, Michigan**: 3.33% average rate, $6,000 → $57,487.13, cumulative change of 858.12%

San Francisco, California experienced the highest rate of inflation during the 69 years between 1950 and 2019 (3.84%).

Detroit, Michigan experienced the lowest rate of inflation during the 69 years between 1950 and 2019 (3.33%).

Note that some locations showing 0% inflation may have not yet reported latest data.

Inflation can also vary widely by country. For comparison, in the UK £6,000.00 in 1950 would be equivalent to £205,730.97 in 2019, an absolute change of £199,730.97 and a cumulative change of 3,328.85%.

In Canada, CA$6,000.00 in 1950 would be equivalent to CA$62,046.51 in 2019, an absolute change of CA$56,046.51 and a cumulative change of 934.11%.

Compare these numbers to the US's overall absolute change of $57,649.17 and total percent change of 960.82%.

CPI is the weighted combination of many categories of spending that are tracked by the government. Breaking down these categories helps explain the main drivers behind price changes. This chart shows the average rate of inflation for select CPI categories between 1950 and 2019.

Compare these values to the overall average of 3.48% per year:

Category | Avg Inflation (%) | Total Inflation (%) | $6,000 in 1950 → 2019 |
---|---|---|---|

Food and beverages | 3.92 | 1,316.97 | 85,018.10 |

Housing | 4.23 | 1,647.76 | 104,865.35 |

Apparel | 1.64 | 207.94 | 18,476.29 |

Transportation | 3.28 | 826.04 | 55,562.30 |

Medical care | 5.20 | 3,197.39 | 197,843.45 |

Recreation | 1.10 | 112.18 | 12,730.59 |

Education and communication | 1.85 | 254.11 | 21,246.51 |

Other goods and services | 5.04 | 2,866.84 | 178,010.13 |

The graph below compares inflation in categories of goods over time. Click on a category such as "Food" to toggle it on or off:

For all these visualizations, it's important to note that not all categories may have been tracked since 1950. This table and charts use the earliest available data for each category.

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

CPI in 2019
CPI in 1950

×

1950 USD value

=

2019 USD value

Then plug in historical CPI values. The U.S. CPI was 24.1 in the year 1950 and 255.6575 in 2019:

255.657524.1

×

$6,000

=

$6,000 in 1950 has the same "purchasing power" or "buying power" as $63,649.17 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

=

Plugging in the values to this equation, we get:

255.6575 - 24.124.1

×

100

=

The average inflation rate of 3.48% has a compounding effect between 1950 and 2019. As noted above, this yearly inflation rate compounds to produce an overall price difference of 960.82% over 69 years.

To help put this inflation into perspective, if we had invested $6,000 in the S&P 500 index in 1950, our investment would be * nominally* worth approximately $10,823,698.92 in 2019. This is a return on investment of 180,294.98%, with an absolute return of $10,817,698.92 on top of the original $6,000.

These numbers are not inflation adjusted, so they are considered *nominal*. In order to evaluate the *real* return on our investment, we must calculate the return with inflation taken into account.

The compounding effect of inflation would account for 90.57% of returns ($9,803,384.07) during this period. This means the inflation-adjusted * real* return of our $6,000 investment is $1,014,314.85. You may also want to account for capital gains tax, which would take your real return down to around $862,168 for most people.

Original Amount | Final Amount | Change | |
---|---|---|---|

Nominal |
$6,000 | $10,823,698.92 | 180,294.98% |

RealInflation Adjusted |
$6,000 | $1,020,314.85 | 16,905.25% |

Information displayed above may differ slightly from other S&P 500 calculators. Minor discrepancies can occur because we use the latest CPI data for inflation, annualized inflation numbers for previous years, and we compute S&P price and dividends from January of 1950 to latest available data for 2019 using average monthly close price.

For more details on the S&P 500 between 1950 and 2019, see the stock market returns calculator.

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.

Raw data for these calculations comes from the Bureau of Labor Statistics' Consumer Price Index (CPI), established in 1913. Inflation data from 1665 to 1912 is sourced from a historical study conducted by political science professor Robert Sahr at Oregon State University.

You may use the following MLA citation for this page: “$6,000 in 1950 → 2019 | Inflation Calculator.” Official Inflation Data, Alioth Finance, 27 Sep. 2021, https://www.officialdata.org/us/inflation/1950?amount=6000&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.

Cumulative price change | 960.82% |

Average inflation rate | 3.48% |

Converted amount ($6,000 base) | $63,649.17 |

Price difference ($6,000 base) | $57,649.17 |

CPI in 1950 | 24.100 |

CPI in 2019 | 255.658 |

Inflation in 1950 | 1.26% |

Inflation in 2019 | 1.76% |

$6,000 in 1950 | $63,649.17 in 2019 |