Between 1939 and 1954, the Consumer Price Index went from 13.9 to 26.9.
Cumulatively, prices increased 93.5%, which works out to an average of
4.50% per year. Put differently, a dollar in 1939 bought what
$0.52 buys in 1954.
Common amounts: 1939 dollars in 1954
Amount in 1939
Value in 1954
$1.00
$1.94
$5.00
$9.68
$10.00
$19.35
$20.00
$38.71
$50.00
$96.76
$100
$194
$500
$968
$1,000
$1,935
$5,000
$9,676
$10,000
$19,353
$100,000
$193,525
$1,000,000
$1,935,252
Inflation by spending category, 1939–1954
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1939 spending costs in 1954, by category:
Category
Avg. yearly inflation
$100 in 1939 →
All items (CPI-U)
4.50%
$194
Food
5.98%
$239
Apparel
4.71%
$200
Transportation
4.09%
$183
Medical care
3.71%
$173
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 1954: $100 is worth $194 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1939-to-1954/
APA: InflationCalculator.com. Inflation from 1939 to 1954. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1939-to-1954/