Between 1942 and 1993, the Consumer Price Index went from 16.3 to 144.5.
Cumulatively, prices increased 786.5%, which works out to an average of
4.37% per year. Put differently, a dollar in 1942 bought what
$0.11 buys in 1993.
Common amounts: 1942 dollars in 1993
Amount in 1942
Value in 1993
$1.00
$8.87
$5.00
$44.33
$10.00
$88.65
$20.00
$177
$50.00
$443
$100
$887
$500
$4,433
$1,000
$8,865
$5,000
$44,325
$10,000
$88,650
$100,000
$886,503
$1,000,000
$8,865,031
Inflation by spending category, 1942–1993
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1942 spending costs in 1993, by category:
Category
Avg. yearly inflation
$100 in 1942 →
All items (CPI-U)
4.37%
$887
Medical care
5.92%
$1,882
Food
4.44%
$915
Transportation
4.20%
$815
Apparel
3.21%
$501
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 1993: $100 is worth $887 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1942-to-1993/
APA: InflationCalculator.com. Inflation from 1942 to 1993. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1942-to-1993/