Between 1942 and 2001, the Consumer Price Index went from 16.3 to 177.1.
Cumulatively, prices increased 986.5%, which works out to an average of
4.13% per year. Put differently, a dollar in 1942 bought what
$0.09 buys in 2001.
Common amounts: 1942 dollars in 2001
Amount in 1942
Value in 2001
$1.00
$10.87
$5.00
$54.33
$10.00
$109
$20.00
$217
$50.00
$543
$100
$1,087
$500
$5,433
$1,000
$10,865
$5,000
$54,325
$10,000
$108,650
$100,000
$1,086,503
$1,000,000
$10,865,031
Inflation by spending category, 1942–2001
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1942 spending costs in 2001, by category:
Category
Avg. yearly inflation
$100 in 1942 →
All items (CPI-U)
4.13%
$1,087
Medical care
5.64%
$2,550
Food
4.19%
$1,124
Transportation
3.92%
$964
Apparel
2.68%
$477
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 2001: $100 is worth $1,087 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1942-to-2001/
APA: InflationCalculator.com. Inflation from 1942 to 2001. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1942-to-2001/