Between 1939 and 1940, the Consumer Price Index went from 13.9 to 14.
Cumulatively, prices increased 0.7%, which works out to an average of
0.72% per year. Put differently, a dollar in 1939 bought what
$0.99 buys in 1940.
Common amounts: 1939 dollars in 1940
Amount in 1939
Value in 1940
$1.00
$1.01
$5.00
$5.04
$10.00
$10.07
$20.00
$20.14
$50.00
$50.36
$100
$101
$500
$504
$1,000
$1,007
$5,000
$5,036
$10,000
$10,072
$100,000
$100,719
$1,000,000
$1,007,194
Inflation by spending category, 1939–1940
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1939 spending costs in 1940, by category:
Category
Avg. yearly inflation
$100 in 1939 →
All items (CPI-U)
0.72%
$101
Food
1.69%
$102
Medical care
0.97%
$101
Apparel
0.93%
$101
Transportation
-0.70%
$99.30
Not shown because the BLS began these indexes after 1939: core (all items less food & energy) (1957–), energy (1957–), housing (1967–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1939 to 1940: $100 is worth $101 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1939-to-1940/
APA: InflationCalculator.com. Inflation from 1939 to 1940. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1939-to-1940/