Between 1940 and 1969, the Consumer Price Index went from 14 to 36.7.
Cumulatively, prices increased 162.1%, which works out to an average of
3.38% per year. Put differently, a dollar in 1940 bought what
$0.38 buys in 1969.
Common amounts: 1940 dollars in 1969
Amount in 1940
Value in 1969
$1.00
$2.62
$5.00
$13.11
$10.00
$26.21
$20.00
$52.43
$50.00
$131
$100
$262
$500
$1,311
$1,000
$2,621
$5,000
$13,107
$10,000
$26,214
$100,000
$262,143
$1,000,000
$2,621,429
Inflation by spending category, 1940–1969
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1940 spending costs in 1969, by category:
Category
Avg. yearly inflation
$100 in 1940 →
All items (CPI-U)
3.38%
$262
Food
3.97%
$309
Medical care
3.94%
$307
Apparel
3.36%
$261
Transportation
3.23%
$251
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–).
MLA: “Inflation from 1940 to 1969: $100 is worth $262 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1940-to-1969/
APA: InflationCalculator.com. Inflation from 1940 to 1969. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1940-to-1969/