Between 1942 and 1975, the Consumer Price Index went from 16.3 to 53.8.
Cumulatively, prices increased 230.1%, which works out to an average of
3.68% per year. Put differently, a dollar in 1942 bought what
$0.30 buys in 1975.
Common amounts: 1942 dollars in 1975
Amount in 1942
Value in 1975
$1.00
$3.30
$5.00
$16.50
$10.00
$33.01
$20.00
$66.01
$50.00
$165
$100
$330
$500
$1,650
$1,000
$3,301
$5,000
$16,503
$10,000
$33,006
$100,000
$330,061
$1,000,000
$3,300,613
Inflation by spending category, 1942–1975
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1942 spending costs in 1975, by category:
Category
Avg. yearly inflation
$100 in 1942 →
All items (CPI-U)
3.68%
$330
Medical care
4.62%
$444
Food
4.20%
$388
Transportation
3.52%
$313
Apparel
3.07%
$272
Not shown because the BLS began these indexes after 1942: 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 1942 to 1975: $100 is worth $330 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1942-to-1975/
APA: InflationCalculator.com. Inflation from 1942 to 1975. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1942-to-1975/