Between 1940 and 2015, the Consumer Price Index went from 14 to 237.017.
Cumulatively, prices increased 1593.0%, which works out to an average of
3.84% per year. Put differently, a dollar in 1940 bought what
$0.06 buys in 2015.
Common amounts: 1940 dollars in 2015
Amount in 1940
Value in 2015
$1.00
$16.93
$5.00
$84.65
$10.00
$169
$20.00
$339
$50.00
$846
$100
$1,693
$500
$8,465
$1,000
$16,930
$5,000
$84,649
$10,000
$169,298
$100,000
$1,692,979
$1,000,000
$16,929,786
Inflation by spending category, 1940–2015
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1940 spending costs in 2015, by category:
Category
Avg. yearly inflation
$100 in 1940 →
All items (CPI-U)
3.84%
$1,693
Medical care
5.14%
$4,296
Food
4.12%
$2,060
Transportation
3.58%
$1,402
Apparel
2.37%
$578
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 2015: $100 is worth $1,693 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1940-to-2015/
APA: InflationCalculator.com. Inflation from 1940 to 2015. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1940-to-2015/