Between 1939 and 1944, the Consumer Price Index went from 13.9 to 17.6.
Cumulatively, prices increased 26.6%, which works out to an average of
4.83% per year. Put differently, a dollar in 1939 bought what
$0.79 buys in 1944.
Common amounts: 1939 dollars in 1944
Amount in 1939
Value in 1944
$1.00
$1.27
$5.00
$6.33
$10.00
$12.66
$20.00
$25.32
$50.00
$63.31
$100
$127
$500
$633
$1,000
$1,266
$5,000
$6,331
$10,000
$12,662
$100,000
$126,619
$1,000,000
$1,266,187
Inflation by spending category, 1939–1944
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1939 spending costs in 1944, by category:
Category
Avg. yearly inflation
$100 in 1939 →
All items (CPI-U)
4.83%
$127
Food
7.45%
$143
Apparel
6.65%
$138
Medical care
2.41%
$113
Transportation
2.14%
$111
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 1944: $100 is worth $127 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1939-to-1944/
APA: InflationCalculator.com. Inflation from 1939 to 1944. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1939-to-1944/