Between 1941 and 1966, the Consumer Price Index went from 14.7 to 32.4.
Cumulatively, prices increased 120.4%, which works out to an average of
3.21% per year. Put differently, a dollar in 1941 bought what
$0.45 buys in 1966.
Common amounts: 1941 dollars in 1966
Amount in 1941
Value in 1966
$1.00
$2.20
$5.00
$11.02
$10.00
$22.04
$20.00
$44.08
$50.00
$110
$100
$220
$500
$1,102
$1,000
$2,204
$5,000
$11,020
$10,000
$22,041
$100,000
$220,408
$1,000,000
$2,204,082
Inflation by spending category, 1941–1966
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1941 spending costs in 1966, by category:
Category
Avg. yearly inflation
$100 in 1941 →
All items (CPI-U)
3.21%
$220
Food
3.86%
$258
Medical care
3.78%
$253
Transportation
3.20%
$220
Apparel
3.11%
$215
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 1966: $100 is worth $220 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1941-to-1966/
APA: InflationCalculator.com. Inflation from 1941 to 1966. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1941-to-1966/