Between 1939 and 1965, the Consumer Price Index went from 13.9 to 31.5.
Cumulatively, prices increased 126.6%, which works out to an average of
3.20% per year. Put differently, a dollar in 1939 bought what
$0.44 buys in 1965.
Common amounts: 1939 dollars in 1965
Amount in 1939
Value in 1965
$1.00
$2.27
$5.00
$11.33
$10.00
$22.66
$20.00
$45.32
$50.00
$113
$100
$227
$500
$1,133
$1,000
$2,266
$5,000
$11,331
$10,000
$22,662
$100,000
$226,619
$1,000,000
$2,266,187
Inflation by spending category, 1939–1965
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1939 spending costs in 1965, by category:
Category
Avg. yearly inflation
$100 in 1939 →
All items (CPI-U)
3.20%
$227
Food
3.94%
$273
Medical care
3.50%
$245
Transportation
3.13%
$223
Apparel
3.10%
$221
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 1965: $100 is worth $227 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1939-to-1965/
APA: InflationCalculator.com. Inflation from 1939 to 1965. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1939-to-1965/