U.S. inflation · 1941–2002
$100 in 1941 has the same buying power as
$1,224
in 2002
| Cumulative price change | 1123.8% |
|---|---|
| Average inflation rate | 4.19% per year |
| Converted amount ($100 base) | $1,224 |
| Price difference ($100 base) | $1,124 |
| CPI in 1941 | 14.7 |
| CPI in 2002 | 179.9 |
| Inflation in 1941 | 5.00% |
| Inflation in 2002 | 1.58% |
| $100 in 1941 → 2002 | $1,224 |
| $100 in 2002 → 1941 | $8.17 |
Between 1941 and 2002, the Consumer Price Index went from 14.7 to 179.9. Cumulatively, prices increased 1123.8%, which works out to an average of 4.19% per year. Put differently, a dollar in 1941 bought what $0.08 buys in 2002.
| Amount in 1941 | Value in 2002 |
|---|---|
| $1.00 | $12.24 |
| $5.00 | $61.19 |
| $10.00 | $122 |
| $20.00 | $245 |
| $50.00 | $612 |
| $100 | $1,224 |
| $500 | $6,119 |
| $1,000 | $12,238 |
| $5,000 | $61,190 |
| $10,000 | $122,381 |
| $100,000 | $1,223,810 |
| $1,000,000 | $12,238,095 |
The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 1941 spending costs in 2002, by category:
| Category | Avg. yearly inflation | $100 in 1941 → |
|---|---|---|
| All items (CPI-U) | 4.19% | $1,224 |
| Medical care | 5.58% | $2,746 |
| Food | 4.35% | $1,345 |
| Transportation | 3.91% | $1,040 |
| Apparel | 2.82% | $544 |
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–).
| Year | CPI | Inflation rate | $100 from 1941 |
|---|---|---|---|
| 1941 | 14.7 | 5.0% | $100 |
| 1946 | 19.5 | 8.3% | $133 |
| 1951 | 26 | 7.9% | $177 |
| 1956 | 27.2 | 1.5% | $185 |
| 1961 | 29.9 | 1.0% | $203 |
| 1966 | 32.4 | 2.9% | $220 |
| 1971 | 40.5 | 4.4% | $276 |
| 1976 | 56.9 | 5.8% | $387 |
| 1981 | 90.9 | 10.3% | $618 |
| 1986 | 109.6 | 1.9% | $746 |
| 1991 | 136.2 | 4.2% | $927 |
| 1996 | 156.9 | 3.0% | $1,067 |
| 2001 | 177.1 | 2.8% | $1,205 |
| 2002 | 179.9 | 1.6% | $1,224 |
Long periods are sampled every 5 years; the calculator above covers any pair of years.
MLA: “Inflation from 1941 to 2002: $100 is worth $1,224 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1941-to-2002/
APA: InflationCalculator.com. Inflation from 1941 to 2002. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1941-to-2002/
Source: U.S. Bureau of Labor Statistics, CPI-U annual averages (series CUUR0000SA0; category indexes listed on the data sources page). See how these numbers are calculated.