According to the U.S. Bureau of Labor Statistics, prices for medical care are 3,692.95% higher in 2025 versus 1950 (a $295,436,186.60 difference in value).
Between 1950 and 2025: Medical care experienced an average inflation rate of 4.97% per year. This rate of change indicates significant inflation. In other words, medical care costing $8,000,000 in the year 1950 would cost $303,436,186.60 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 3.51% during this same period, inflation for medical care was higher.
In the year 1950: Pricing changed by 1.87%, which is significantly below the average yearly change for medical care during the 1950-2025 time period. Compared to inflation for all items in 1950 (1.10%), inflation for medical care was higher.
Below are calculations of equivalent buying power for Medical care, over time, for $8,000,000 beginning in 1950. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1950 | $8,000,000.00 | 1.87% |
1951 | $8,382,697.20 | 4.78% |
1952 | $8,838,676.84 | 5.44% |
1953 | $9,152,162.85 | 3.55% |
1954 | $9,433,078.88 | 3.07% |
1955 | $9,652,926.21 | 2.33% |
1956 | $10,007,124.68 | 3.67% |
1957 | $10,418,320.61 | 4.11% |
1958 | $10,915,012.72 | 4.77% |
1959 | $11,375,063.61 | 4.21% |
1960 | $11,778,117.05 | 3.54% |
1961 | $12,132,315.52 | 3.01% |
1962 | $12,453,944.02 | 2.65% |
1963 | $12,751,145.04 | 2.39% |
1964 | $13,011,704.83 | 2.04% |
1965 | $13,329,262.09 | 2.44% |
1966 | $13,919,592.88 | 4.43% |
1967 | $14,900,763.36 | 7.05% |
1968 | $15,804,580.15 | 6.07% |
1969 | $16,895,674.30 | 6.90% |
1970 | $17,970,483.46 | 6.36% |
1971 | $19,130,788.80 | 6.46% |
1972 | $19,749,618.32 | 3.23% |
1973 | $20,515,012.72 | 3.88% |
1974 | $22,424,427.48 | 9.31% |
1975 | $25,127,735.37 | 12.06% |
1976 | $27,517,557.25 | 9.51% |
1977 | $30,147,582.70 | 9.56% |
1978 | $32,692,111.96 | 8.44% |
1979 | $35,717,048.35 | 9.25% |
1980 | $39,629,516.54 | 10.95% |
1981 | $43,888,040.71 | 10.75% |
1982 | $48,981,170.48 | 11.60% |
1983 | $53,239,694.66 | 8.69% |
1984 | $56,553,689.57 | 6.22% |
1985 | $60,079,389.31 | 6.23% |
1986 | $64,590,330.79 | 7.51% |
1987 | $68,877,353.69 | 6.64% |
1988 | $73,376,081.42 | 6.53% |
1989 | $78,994,402.04 | 7.66% |
1990 | $86,163,867.68 | 9.08% |
1991 | $93,687,531.81 | 8.73% |
1992 | $100,596,437.66 | 7.37% |
1993 | $106,597,455.47 | 5.97% |
1994 | $111,682,442.75 | 4.77% |
1995 | $116,686,005.09 | 4.48% |
1996 | $120,789,821.88 | 3.52% |
1997 | $124,156,743.00 | 2.79% |
1998 | $128,150,636.13 | 3.22% |
1999 | $132,624,936.39 | 3.49% |
2000 | $138,007,124.68 | 4.06% |
2001 | $144,362,340.97 | 4.60% |
2002 | $151,157,251.91 | 4.71% |
2003 | $157,231,552.16 | 4.02% |
2004 | $164,140,458.02 | 4.39% |
2005 | $171,069,720.10 | 4.22% |
2006 | $177,929,770.99 | 4.01% |
2007 | $185,799,368.96 | 4.42% |
2008 | $192,685,720.10 | 3.71% |
2009 | $198,797,842.24 | 3.17% |
2010 | $205,584,284.99 | 3.41% |
2011 | $211,841,139.95 | 3.04% |
2012 | $219,603,501.27 | 3.66% |
2013 | $225,007,552.16 | 2.46% |
2014 | $230,383,674.30 | 2.39% |
2015 | $236,448,936.39 | 2.63% |
2016 | $245,405,435.11 | 3.79% |
2017 | $251,569,832.06 | 2.51% |
2018 | $256,537,038.17 | 1.97% |
2019 | $263,791,267.18 | 2.83% |
2020 | $274,621,150.13 | 4.11% |
2021 | $278,008,875.32 | 1.23% |
2022 | $289,270,066.16 | 4.05% |
2023 | $290,609,506.36 | 0.46% |
2024 | $298,419,664.12 | 2.69% |
2025 | $303,436,186.60 | 1.68%* |
* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Medical care:
Year | 1935 | 1936 | 1937 | 1938 | 1939 | 1940 | 1941 | 1942 | 1943 | 1944 | 1945 | 1946 | 1947 | 1948 | 1949 | 1950 | 1951 | 1952 | 1953 | 1954 | 1955 | 1956 | 1957 | 1958 | 1959 | 1960 | 1961 | 1962 | 1963 | 1964 | 1965 | 1966 | 1967 | 1968 | 1969 | 1970 | 1971 | 1972 | 1973 | 1974 | 1975 | 1976 | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
CPI | 10.200 | 10.200 | 10.300 | 10.300 | 10.360 | 10.360 | 10.420 | 10.740 | 11.260 | 11.580 | 11.900 | 12.560 | 13.538 | 14.377 | 14.838 | 15.115 | 15.838 | 16.700 | 17.292 | 17.823 | 18.238 | 18.908 | 19.685 | 20.623 | 21.492 | 22.254 | 22.923 | 23.531 | 24.092 | 24.585 | 25.185 | 26.300 | 28.154 | 29.862 | 31.923 | 33.954 | 36.146 | 37.315 | 38.762 | 42.369 | 47.477 | 51.992 | 56.962 | 61.769 | 67.485 | 74.877 | 82.923 | 92.546 | 100.592 | 106.854 | 113.515 | 122.038 | 130.138 | 138.638 | 149.254 | 162.800 | 177.015 | 190.069 | 201.408 | 211.015 | 220.469 | 228.223 | 234.585 | 242.131 | 250.585 | 260.754 | 272.762 | 285.600 | 297.077 | 310.131 | 323.223 | 336.185 | 351.054 | 364.065 | 375.613 | 388.436 | 400.258 | 414.924 | 425.134 | 435.292 | 446.752 | 463.675 | 475.322 | 484.707 | 498.413 | 518.876 | 525.276 | 546.554 | 549.084 | 563.841 | 573.319 |