Calculate the Value of $550 in 1950

What is 550 dollars in 1950 money adjusted for inflation? Convert $550 from 1950 dollars to 2024 dollars.
Amount
$
From
To
$7,149
Adjusted for inflation, $550 in 1950 is equal to $7,149 in 2024.
Annual inflation over this period was 3.53%.
Value of a dollar
Calculates inflation to see what a U.S. dollar was worth in the past and today. View historical and today's current inflation rates, using the CPI provided by the United States government. Inflation data is updated regularly, so results may differ from other websites. How much has the cost of living increased? What was inflation for a specific period?
How much is $550 in 1950 dollars worth?
Year Equivalent
2024 $7,149
2023 $6,917
2022 $6,498
2021 $6,070
2020 $5,989
2019 $5,855
2018 $5,745
2017 $5,627
2016 $5,512
2015 $5,472
2014 $5,431
2013 $5,351
2012 $5,259
2011 $5,108
2010 $5,033
2009 $4,899
2008 $4,895
2007 $4,703
2006 $4,586
2005 $4,435
2004 $4,295
2003 $4,216
2002 $4,118
2001 $4,055
2000 $3,922
1999 $3,820
1998 $3,759
1997 $3,696
Year Equivalent
1996 $3,577
1995 $3,489
1994 $3,398
1993 $3,307
1992 $3,214
1991 $3,118
1990 $2,939
1989 $2,808
1988 $2,689
1987 $2,575
1986 $2,547
1985 $2,454
1984 $2,361
1983 $2,275
1982 $2,191
1981 $2,011
1980 $1,788
1979 $1,578
1978 $1,447
1977 $1,356
1976 $1,293
1975 $1,210
1974 $1,077
1973 $990
1972 $958
1971 $928
1970 $879
1969 $827
Year Equivalent
1968 $790
1967 $767
1966 $741
1965 $727
1964 $720
1963 $708
1962 $699
1961 $694
1960 $685
1959 $674
1958 $662
1957 $643
1956 $625
1955 $622
1954 $627
1953 $622
1952 $618
1951 $583
1950 $550
1949 $562
1948 $545
1947 $501
1946 $424
1945 $415
1944 $406
1943 $394
1942 $361
1941 $329
Year Equivalent
1940 $326
1939 $326
1938 $336
1937 $326
1936 $322
1935 $312
1934 $308
1933 $305
1932 $340
1931 $375
1930 $401
1929 $399
1928 $403
1927 $413
1926 $417
1925 $403
1924 $403
1923 $394
1922 $403
1921 $452
1920 $440
1919 $385
1918 $319
1917 $270
1916 $240
1915 $235
1914 $233