Between 1915 and 1942, the Consumer Price Index went from 10.1 to 16.3.
Cumulatively, prices increased 61.4%, which works out to an average of
1.79% per year. Put differently, a dollar in 1915 bought what
$0.62 buys in 1942.
Common amounts: 1915 dollars in 1942
Amount in 1915
Value in 1942
$1.00
$1.61
$5.00
$8.07
$10.00
$16.14
$20.00
$32.28
$50.00
$80.69
$100
$161
$500
$807
$1,000
$1,614
$5,000
$8,069
$10,000
$16,139
$100,000
$161,386
$1,000,000
$1,613,861
Inflation by spending category, 1915–1942
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1915 spending costs in 1942, by category:
Category
Avg. yearly inflation
$100 in 1915 →
All items (CPI-U)
1.79%
$161
Apparel
2.08%
$175
Food
1.61%
$154
Not shown because the BLS began these indexes after 1915: core (all items less food & energy) (1957–), energy (1957–), housing (1967–), medical care (1935–), transportation (1935–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1915 to 1942: $100 is worth $161 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1915-to-1942/
APA: InflationCalculator.com. Inflation from 1915 to 1942. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1915-to-1942/