Between 1942 and 1992, the Consumer Price Index went from 16.3 to 140.3.
Cumulatively, prices increased 760.7%, which works out to an average of
4.40% per year. Put differently, a dollar in 1942 bought what
$0.12 buys in 1992.
Common amounts: 1942 dollars in 1992
Amount in 1942
Value in 1992
$1.00
$8.61
$5.00
$43.04
$10.00
$86.07
$20.00
$172
$50.00
$430
$100
$861
$500
$4,304
$1,000
$8,607
$5,000
$43,037
$10,000
$86,074
$100,000
$860,736
$1,000,000
$8,607,362
Inflation by spending category, 1942–1992
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1942 spending costs in 1992, by category:
Category
Avg. yearly inflation
$100 in 1942 →
All items (CPI-U)
4.40%
$861
Medical care
5.92%
$1,777
Food
4.48%
$895
Transportation
4.22%
$791
Apparel
3.25%
$494
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 1992: $100 is worth $861 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1942-to-1992/
APA: InflationCalculator.com. Inflation from 1942 to 1992. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1942-to-1992/