Question: how much was 5k worth in 1950?
Answer: The U.S. dollar experienced an average inflation rate of 3.44% per year during this period, causing the real value of a dollar to decrease. In other words, $5,000 in 1950 is equivalent in purchasing power to about $53,193.78 in 2020, a difference of $48,193.78 over 70 years. The 1950 inflation rate was 1.26%.