What Would A 1948 Dollar Be Worth Today?

by | Last updated on January 24, 2024

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Cumulative price change

1,035.13%
Average inflation rate 3.38% Converted amount ($100 base) $1,135.13 Price difference ($100 base) $1,035.13 CPI in 1948 24.100

What was $1 worth 50 years ago?

Value of $1 from 1950 to 2021

$1 in 1950 is equivalent in purchasing power to

about $11.35 today

, an increase of $10.35 over 71 years. The dollar had an average inflation rate of 3.48% per year between 1950 and today, producing a cumulative price increase of 1,035.13%.

What would a 1776 dollar be worth today?

$1 in 1776 is worth

$31.44 today

$1 in 1776 is equivalent in purchasing power to about $31.44 today, an increase of $30.44 over 245 years. The dollar had an average inflation rate of 1.42% per year between 1776 and today, producing a cumulative price increase of 3,044.45%.

How much is $1 in 1946 worth now?

Value of $1 from 1946 to 2021

$1 in 1946 is equivalent in purchasing power to

about $14.03 today

, an increase of $13.03 over 75 years. The dollar had an average inflation rate of 3.58% per year between 1946 and today, producing a cumulative price increase of 1,302.91%.

What would $2000 in 1947 be worth today?

Value of $2,000 from 1947 to 2021

$2,000 in 1947 is equivalent in purchasing power to

about $24,484.57 today

, an increase of $22,484.57 over 74 years. The dollar had an average inflation rate of 3.44% per year between 1947 and today, producing a cumulative price increase of 1,124.23%.

How much was 5 dollars in the 50s?

Cumulative price change 1,035.13% Converted amount ($5 base) $56.76 Price difference ($5 base) $51.76 CPI in 1950

24.100
CPI in 2021 273.567

How much was $20 in the 50s?

Cumulative price change 1,035.13% Converted amount ($20 base)

$227.03
Price difference ($20 base) $207.03 CPI in 1950 24.100 CPI in 2021 273.567

What would a dollar buy in 1860?

$1 in 1860 is worth

$32.96 today

$1 in 1860 is equivalent in purchasing power to about $32.96 today, an increase of $31.96 over 161 years. The dollar had an average inflation rate of 2.19% per year between 1860 and today, producing a cumulative price increase of 3,195.99%.

What would a dollar buy in 1850?

$1 in 1850 is worth

$35.07 today

$1 in 1850 is equivalent in purchasing power to about $35.07 today, an increase of $34.07 over 171 years. The dollar had an average inflation rate of 2.10% per year between 1850 and today, producing a cumulative price increase of 3,407.27%.

How much was $7 1858?

Year Dollar Value Inflation Rate 1858

$7,358.97

-5.75%
1859 $7,448.72 1.22% 1860 $7,448.72 0.00% 1861 $7,897.44 6.02%

What was minimum wage in 1946?

Item 1946 2006 Federal Minimum Hourly Wage

$0.40


$5.15
Average Annual Income $2,600 $37,900 House $5,150 $266,000 Monthly Rent $35 $950

What was dollar worth in 1947?

Year Dollar Value Inflation Rate 1947

$100.00

14.36%
1948 $108.07 8.07% 1949 $106.73 -1.24% 1950 $108.07 1.26%

How much was a quarter worth in 1946?

1946 Quarter Value Condition of Coin 1946 Quarter Value Updated 9/6/2021 1946

$4.16

$5.31
1946 D $4.16 $5.95

How much is 7 dollars worth in 1950?

Cumulative price change 1,035.13% Average inflation rate 3.48% Converted amount ($7 base)

$79.46
Price difference ($7 base) $72.46 CPI in 1950 24.100

How much is $5 in 1960 worth now?

Value of $5 from 1960 to 2021

$5 in 1960 is equivalent in purchasing power to

about $46.21 today

, an increase of $41.21 over 61 years. The dollar had an average inflation rate of 3.71% per year between 1960 and today, producing a cumulative price increase of 824.21%.

What would a dollar buy in 1930?

$1 in 1930 is equivalent in purchasing power to

about $16.38 today

, an increase of $15.38 over 91 years. The dollar had an average inflation rate of 3.12% per year between 1930 and today, producing a cumulative price increase of 1,538.13%. The 1930 inflation rate was -2.34%.

Ahmed Ali
Author
Ahmed Ali
Ahmed Ali is a financial analyst with over 15 years of experience in the finance industry. He has worked for major banks and investment firms, and has a wealth of knowledge on investing, real estate, and tax planning. Ahmed is also an advocate for financial literacy and education.