Just looked up 1949 dollars to 2022 dollars...

$56 in 1949 → 2022 | Inflation Calculator

Value of $56 from 1949 to 2022 - $56 in 1949 is equivalent in purchasing power to about $680.26 today, an increase of $624.26 over 73 years. The dollar had an average inflation rate of 3.48% per year between 1949 and today, producing a cumulative price increase of . This means that today's prices are 12.15 times higher than average prices since 1949, according to the Bureau of Labor Statistics consumer price index. A dollar today only buys 8.232% of what it could buy back then.