Between 1940 and 2005, the Consumer Price Index went from 14 to 195.3.
Cumulatively, prices increased 1295.0%, which works out to an average of
4.14% per year. Put differently, a dollar in 1940 bought what
$0.07 buys in 2005.
Common amounts: 1940 dollars in 2005
Amount in 1940
Value in 2005
$1.00
$13.95
$5.00
$69.75
$10.00
$140
$20.00
$279
$50.00
$698
$100
$1,395
$500
$6,975
$1,000
$13,950
$5,000
$69,750
$10,000
$139,500
$100,000
$1,395,000
$1,000,000
$13,950,000
Inflation by spending category, 1940–2005
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1940 spending costs in 2005, by category:
Category
Avg. yearly inflation
$100 in 1940 →
All items (CPI-U)
4.14%
$1,395
Medical care
5.43%
$3,108
Food
4.35%
$1,589
Transportation
3.93%
$1,225
Apparel
2.65%
$548
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–).
Long periods are sampled every 5 years; the calculator above covers any pair of years.
Cite this page
MLA: “Inflation from 1940 to 2005: $100 is worth $1,395 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1940-to-2005/
APA: InflationCalculator.com. Inflation from 1940 to 2005. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1940-to-2005/