Between 1941 and 1959, the Consumer Price Index went from 14.7 to 29.1.
Cumulatively, prices increased 98.0%, which works out to an average of
3.87% per year. Put differently, a dollar in 1941 bought what
$0.51 buys in 1959.
Common amounts: 1941 dollars in 1959
Amount in 1941
Value in 1959
$1.00
$1.98
$5.00
$9.90
$10.00
$19.80
$20.00
$39.59
$50.00
$98.98
$100
$198
$500
$990
$1,000
$1,980
$5,000
$9,898
$10,000
$19,796
$100,000
$197,959
$1,000,000
$1,979,592
Inflation by spending category, 1941–1959
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1941 spending costs in 1959, by category:
Category
Avg. yearly inflation
$100 in 1941 →
All items (CPI-U)
3.87%
$198
Food
4.65%
$227
Medical care
4.12%
$207
Transportation
4.00%
$203
Apparel
3.85%
$197
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 1959: $100 is worth $198 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1941-to-1959/
APA: InflationCalculator.com. Inflation from 1941 to 1959. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1941-to-1959/