Between 1942 and 1982, the Consumer Price Index went from 16.3 to 96.5.
Cumulatively, prices increased 492.0%, which works out to an average of
4.55% per year. Put differently, a dollar in 1942 bought what
$0.17 buys in 1982.
Common amounts: 1942 dollars in 1982
Amount in 1942
Value in 1982
$1.00
$5.92
$5.00
$29.60
$10.00
$59.20
$20.00
$118
$50.00
$296
$100
$592
$500
$2,960
$1,000
$5,920
$5,000
$29,601
$10,000
$59,202
$100,000
$592,025
$1,000,000
$5,920,245
Inflation by spending category, 1942–1982
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1942 spending costs in 1982, by category:
Category
Avg. yearly inflation
$100 in 1942 →
All items (CPI-U)
4.55%
$592
Medical care
5.54%
$864
Food
4.72%
$632
Transportation
4.61%
$606
Apparel
3.30%
$366
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 1982: $100 is worth $592 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1942-to-1982/
APA: InflationCalculator.com. Inflation from 1942 to 1982. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1942-to-1982/