Between 1941 and 1951, the Consumer Price Index went from 14.7 to 26.
Cumulatively, prices increased 76.9%, which works out to an average of
5.87% per year. Put differently, a dollar in 1941 bought what
$0.57 buys in 1951.
Common amounts: 1941 dollars in 1951
Amount in 1941
Value in 1951
$1.00
$1.77
$5.00
$8.84
$10.00
$17.69
$20.00
$35.37
$50.00
$88.44
$100
$177
$500
$884
$1,000
$1,769
$5,000
$8,844
$10,000
$17,687
$100,000
$176,871
$1,000,000
$1,768,707
Inflation by spending category, 1941–1951
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1941 spending costs in 1951, by category:
Category
Avg. yearly inflation
$100 in 1941 →
All items (CPI-U)
5.87%
$177
Food
7.97%
$215
Apparel
6.77%
$193
Transportation
5.07%
$164
Medical care
4.34%
$153
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 1951: $100 is worth $177 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1941-to-1951/
APA: InflationCalculator.com. Inflation from 1941 to 1951. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1941-to-1951/