Between 1939 and 1967, the Consumer Price Index went from 13.9 to 33.4.
Cumulatively, prices increased 140.3%, which works out to an average of
3.18% per year. Put differently, a dollar in 1939 bought what
$0.42 buys in 1967.
Common amounts: 1939 dollars in 1967
Amount in 1939
Value in 1967
$1.00
$2.40
$5.00
$12.01
$10.00
$24.03
$20.00
$48.06
$50.00
$120
$100
$240
$500
$1,201
$1,000
$2,403
$5,000
$12,014
$10,000
$24,029
$100,000
$240,288
$1,000,000
$2,402,878
Inflation by spending category, 1939–1967
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1939 spending costs in 1967, by category:
Category
Avg. yearly inflation
$100 in 1939 →
All items (CPI-U)
3.18%
$240
Food
3.86%
$289
Medical care
3.66%
$274
Apparel
3.12%
$236
Transportation
3.06%
$233
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 1967: $100 is worth $240 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1939-to-1967/
APA: InflationCalculator.com. Inflation from 1939 to 1967. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1939-to-1967/