Or a website where I could find that information would be okay too.
2007-01-03 10:21:28 · 5 answers · asked by dolphinswim1001 2 in Social Science ➔ Economics
Based on calculations using the Consumer Price Index, a single US dollar would buy you the equivalent of $8.37 in today's money.
http://minneapolisfed.org/Research/data/us/calc/
2007-01-03 10:34:01 · answer #1 · answered by jvsconsulting 4 · 0⤊ 0⤋
In 1950 I could buy 2 candy bars for a nickle - today they cost almost $2 for one or $4 for two. That means a dollar bought 40 bars back then as opposed to only one now. Therefore, a dollar in 1950 is worth 1 1/4 cents today
2007-01-03 10:30:21 · answer #2 · answered by Anonymous · 1⤊ 0⤋
How Much Was 1 Worth In 1950
2017-02-26 08:49:07 · answer #3 · answered by dietlin 4 · 0⤊ 0⤋
My guess: about $10.00, given the rate of inflation.
2007-01-03 10:30:50 · answer #4 · answered by Gee Wye 6 · 0⤊ 0⤋
a dollar. A dollar is a doller no matter when it was made.
2007-01-03 12:10:42 · answer #5 · answered by Bill S 6 · 0⤊ 0⤋