Between 1939 and 1942, the Consumer Price Index went from 13.9 to 16.3.
Cumulatively, prices increased 17.3%, which works out to an average of
5.45% per year. Put differently, a dollar in 1939 bought what
$0.85 buys in 1942.
Common amounts: 1939 dollars in 1942
Amount in 1939
Value in 1942
$1.00
$1.17
$5.00
$5.86
$10.00
$11.73
$20.00
$23.45
$50.00
$58.63
$100
$117
$500
$586
$1,000
$1,173
$5,000
$5,863
$10,000
$11,727
$100,000
$117,266
$1,000,000
$1,172,662
Inflation by spending category, 1939–1942
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1939 spending costs in 1942, by category:
Category
Avg. yearly inflation
$100 in 1939 →
All items (CPI-U)
5.45%
$117
Food
9.28%
$131
Apparel
7.32%
$124
Transportation
3.82%
$112
Medical care
1.28%
$104
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 1942: $100 is worth $117 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1939-to-1942/
APA: InflationCalculator.com. Inflation from 1939 to 1942. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1939-to-1942/