Between 1941 and 1997, the Consumer Price Index went from 14.7 to 160.5.
Cumulatively, prices increased 991.8%, which works out to an average of
4.36% per year. Put differently, a dollar in 1941 bought what
$0.09 buys in 1997.
Common amounts: 1941 dollars in 1997
Amount in 1941
Value in 1997
$1.00
$10.92
$5.00
$54.59
$10.00
$109
$20.00
$218
$50.00
$546
$100
$1,092
$500
$5,459
$1,000
$10,918
$5,000
$54,592
$10,000
$109,184
$100,000
$1,091,837
$1,000,000
$10,918,367
Inflation by spending category, 1941–1997
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1941 spending costs in 1997, by category:
Category
Avg. yearly inflation
$100 in 1941 →
All items (CPI-U)
4.36%
$1,092
Medical care
5.72%
$2,256
Food
4.54%
$1,201
Transportation
4.16%
$982
Apparel
3.20%
$583
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–).
Long periods are sampled every 2 years; the calculator above covers any pair of years.
Cite this page
MLA: “Inflation from 1941 to 1997: $100 is worth $1,092 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1941-to-1997/
APA: InflationCalculator.com. Inflation from 1941 to 1997. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1941-to-1997/