Between 1939 and 1950, the Consumer Price Index went from 13.9 to 24.1.
Cumulatively, prices increased 73.4%, which works out to an average of
5.13% per year. Put differently, a dollar in 1939 bought what
$0.58 buys in 1950.
Common amounts: 1939 dollars in 1950
Amount in 1939
Value in 1950
$1.00
$1.73
$5.00
$8.67
$10.00
$17.34
$20.00
$34.68
$50.00
$86.69
$100
$173
$500
$867
$1,000
$1,734
$5,000
$8,669
$10,000
$17,338
$100,000
$173,381
$1,000,000
$1,733,813
Inflation by spending category, 1939–1950
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1939 spending costs in 1950, by category:
Category
Avg. yearly inflation
$100 in 1939 →
All items (CPI-U)
5.13%
$173
Food
7.22%
$215
Apparel
5.83%
$187
Transportation
4.29%
$159
Medical care
3.54%
$147
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 1950: $100 is worth $173 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1939-to-1950/
APA: InflationCalculator.com. Inflation from 1939 to 1950. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1939-to-1950/