Between 1941 and 1965, the Consumer Price Index went from 14.7 to 31.5.
Cumulatively, prices increased 114.3%, which works out to an average of
3.23% per year. Put differently, a dollar in 1941 bought what
$0.47 buys in 1965.
Common amounts: 1941 dollars in 1965
Amount in 1941
Value in 1965
$1.00
$2.14
$5.00
$10.71
$10.00
$21.43
$20.00
$42.86
$50.00
$107
$100
$214
$500
$1,071
$1,000
$2,143
$5,000
$10,714
$10,000
$21,429
$100,000
$214,286
$1,000,000
$2,142,857
Inflation by spending category, 1941–1965
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1941 spending costs in 1965, by category:
Category
Avg. yearly inflation
$100 in 1941 →
All items (CPI-U)
3.23%
$214
Food
3.82%
$246
Medical care
3.76%
$242
Transportation
3.28%
$217
Apparel
3.13%
$210
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 1965: $100 is worth $214 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1941-to-1965/
APA: InflationCalculator.com. Inflation from 1941 to 1965. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1941-to-1965/