Between 1941 and 1947, the Consumer Price Index went from 14.7 to 22.3.
Cumulatively, prices increased 51.7%, which works out to an average of
7.19% per year. Put differently, a dollar in 1941 bought what
$0.66 buys in 1947.
Common amounts: 1941 dollars in 1947
Amount in 1941
Value in 1947
$1.00
$1.52
$5.00
$7.59
$10.00
$15.17
$20.00
$30.34
$50.00
$75.85
$100
$152
$500
$759
$1,000
$1,517
$5,000
$7,585
$10,000
$15,170
$100,000
$151,701
$1,000,000
$1,517,007
Inflation by spending category, 1941–1947
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1941 spending costs in 1947, by category:
Category
Avg. yearly inflation
$100 in 1941 →
All items (CPI-U)
7.19%
$152
Food
10.69%
$184
Apparel
9.78%
$175
Medical care
4.44%
$130
Transportation
3.91%
$126
Not shown because the BLS began these indexes after 1941: core (all items less food & energy) (1957–), energy (1957–), housing (1967–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1941 to 1947: $100 is worth $152 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1941-to-1947/
APA: InflationCalculator.com. Inflation from 1941 to 1947. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1941-to-1947/