Because of inflation.. what was $50 back in 1950 equivalent to today?



Answer:
$50 in 1950 money is $408.65 in today's money.

Something that cost $50 today would only cost $6.12 in 1950.

There are a lot of converters for this kind of thing out there, just google "CPI converter" (CPI is the measure of inflation).

For these numbers I used:
http://www.westegg.com/inflation/...

The answers post by the user, for information only, FunQA.com does not guarantee the right.



More Questions and Answers:
  • Natural resources question.?
  • How does the NZ dollar get more valuable?
  • I am working on a paper in my Economics class..?
  • China's closed capital account?
  • What does it mean when a company has a comparable advantage over international trade?
  • What is Index of terms of Trade?
  • I think we should shut down free trade from china,?
  • Disadvantages of foreign workers in singapore?
  • What are the chances of voluntary simplicity becoming the dominant lifestyle?