Between 1941 and 1953, the Consumer Price Index went from 14.7 to 26.7.
Cumulatively, prices increased 81.6%, which works out to an average of
5.10% per year. Put differently, a dollar in 1941 bought what
$0.55 buys in 1953.
Common amounts: 1941 dollars in 1953
Amount in 1941
Value in 1953
$1.00
$1.82
$5.00
$9.08
$10.00
$18.16
$20.00
$36.33
$50.00
$90.82
$100
$182
$500
$908
$1,000
$1,816
$5,000
$9,082
$10,000
$18,163
$100,000
$181,633
$1,000,000
$1,816,327
Inflation by spending category, 1941–1953
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1941 spending costs in 1953, by category:
Category
Avg. yearly inflation
$100 in 1941 →
All items (CPI-U)
5.10%
$182
Food
6.63%
$216
Apparel
5.45%
$189
Transportation
5.03%
$180
Medical care
4.33%
$166
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 1953: $100 is worth $182 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1941-to-1953/
APA: InflationCalculator.com. Inflation from 1941 to 1953. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1941-to-1953/