Between 1926 and 1942, the Consumer Price Index went from 17.7 to 16.3.
Cumulatively, prices declined 7.9%, which works out to an average of
-0.51% per year. Put differently, a dollar in 1926 bought what
$1.09 buys in 1942.
Common amounts: 1926 dollars in 1942
Amount in 1926
Value in 1942
$1.00
$0.92
$5.00
$4.60
$10.00
$9.21
$20.00
$18.42
$50.00
$46.05
$100
$92.09
$500
$460
$1,000
$921
$5,000
$4,605
$10,000
$9,209
$100,000
$92,090
$1,000,000
$920,904
Inflation by spending category, 1926–1942
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1926 spending costs in 1942, by category:
Category
Avg. yearly inflation
$100 in 1926 →
All items (CPI-U)
-0.51%
$92.09
Apparel
0.19%
$103
Food
-0.62%
$90.59
Not shown because the BLS began these indexes after 1926: core (all items less food & energy) (1957–), energy (1957–), housing (1967–), medical care (1935–), transportation (1935–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1926 to 1942: $100 is worth $92.09 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1926-to-1942/
APA: InflationCalculator.com. Inflation from 1926 to 1942. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1926-to-1942/