Between 1939 and 2022, the Consumer Price Index went from 13.9 to 292.655.
Cumulatively, prices increased 2005.4%, which works out to an average of
3.74% per year. Put differently, a dollar in 1939 bought what
$0.05 buys in 2022.
Common amounts: 1939 dollars in 2022
Amount in 1939
Value in 2022
$1.00
$21.05
$5.00
$105
$10.00
$211
$20.00
$421
$50.00
$1,053
$100
$2,105
$500
$10,527
$1,000
$21,054
$5,000
$105,272
$10,000
$210,543
$100,000
$2,105,432
$1,000,000
$21,054,317
Inflation by spending category, 1939–2022
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1939 spending costs in 2022, by category:
Category
Avg. yearly inflation
$100 in 1939 →
All items (CPI-U)
3.74%
$2,105
Medical care
4.90%
$5,306
Food
4.00%
$2,588
Transportation
3.59%
$1,862
Apparel
2.16%
$588
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–).
Long periods are sampled every 5 years; the calculator above covers any pair of years.
The destination year: 2022
2022 was the year inflation returned. Consumer prices rose 8.0% on average,
the worst since 1981, driven by pandemic-era supply chains, stimulus-fueled
demand, and an energy shock from the war in Ukraine. Gas briefly topped $5 a
gallon nationally for the first time ever, and “inflation” became the
top-ranked economic concern in nearly every poll of American households.
MLA: “Inflation from 1939 to 2022: $100 is worth $2,105 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1939-to-2022/
APA: InflationCalculator.com. Inflation from 1939 to 2022. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1939-to-2022/