U.S. inflation · 1940–1942

Value of $100 in 1940, adjusted to 1942

$100 in 1940 has the same buying power as

$116

in 1942

$100$108$116194019411942$100 · 1940$116 · 1942
Detailed inflation statistics
Cumulative price change16.4%
Average inflation rate7.90% per year
Converted amount ($100 base)$116
Price difference ($100 base)$16.43
CPI in 194014
CPI in 194216.3
Inflation in 19400.72%
Inflation in 194210.88%
$100 in 19401942$116
$100 in 19421940$85.89

What happened to prices between 1940 and 1942

Between 1940 and 1942, the Consumer Price Index went from 14 to 16.3. Cumulatively, prices increased 16.4%, which works out to an average of 7.90% per year. Put differently, a dollar in 1940 bought what $0.86 buys in 1942.

Common amounts: 1940 dollars in 1942

Amount in 1940Value in 1942
$1.00$1.16
$5.00$5.82
$10.00$11.64
$20.00$23.29
$50.00$58.21
$100$116
$500$582
$1,000$1,164
$5,000$5,821
$10,000$11,643
$100,000$116,429
$1,000,000$1,164,286

Inflation by spending category, 1940–1942

The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 1940 spending costs in 1942, by category:

Category Avg. yearly inflation $100 in 1940 →
All items (CPI-U) 7.90% $116
Food 13.28% $128
Apparel 10.67% $122
Transportation 6.15% $113
Medical care 1.43% $103

Not shown because the BLS began these indexes after 1940: core (all items less food & energy) (1957–), energy (1957–), housing (1967–), recreation (1993–), education & communication (1993–).

Year by year: CPI and the value of $100 from 1940

Year CPI Inflation rate $100 from 1940
1940 14 0.7% $100
1941 14.7 5.0% $105
1942 16.3 10.9% $116

Cite this page

MLA: “Inflation from 1940 to 1942: $100 is worth $116 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1940-to-1942/

APA: InflationCalculator.com. Inflation from 1940 to 1942. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1940-to-1942/

Source: U.S. Bureau of Labor Statistics, CPI-U annual averages (series CUUR0000SA0; category indexes listed on the data sources page). See how these numbers are calculated.