Between 1942 and 2005, the Consumer Price Index went from 16.3 to 195.3.
Cumulatively, prices increased 1098.2%, which works out to an average of
4.02% per year. Put differently, a dollar in 1942 bought what
$0.08 buys in 2005.
Common amounts: 1942 dollars in 2005
Amount in 1942
Value in 2005
$1.00
$11.98
$5.00
$59.91
$10.00
$120
$20.00
$240
$50.00
$599
$100
$1,198
$500
$5,991
$1,000
$11,982
$5,000
$59,908
$10,000
$119,816
$100,000
$1,198,160
$1,000,000
$11,981,595
Inflation by spending category, 1942–2005
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1942 spending costs in 2005, by category:
Category
Avg. yearly inflation
$100 in 1942 →
All items (CPI-U)
4.02%
$1,198
Medical care
5.56%
$3,021
Food
4.08%
$1,238
Transportation
3.86%
$1,087
Apparel
2.41%
$448
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 5 years; the calculator above covers any pair of years.
Cite this page
MLA: “Inflation from 1942 to 2005: $100 is worth $1,198 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1942-to-2005/
APA: InflationCalculator.com. Inflation from 1942 to 2005. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1942-to-2005/