Between 1942 and 2006, the Consumer Price Index went from 16.3 to 201.6.
Cumulatively, prices increased 1136.8%, which works out to an average of
4.01% per year. Put differently, a dollar in 1942 bought what
$0.08 buys in 2006.
Common amounts: 1942 dollars in 2006
Amount in 1942
Value in 2006
$1.00
$12.37
$5.00
$61.84
$10.00
$124
$20.00
$247
$50.00
$618
$100
$1,237
$500
$6,184
$1,000
$12,368
$5,000
$61,840
$10,000
$123,681
$100,000
$1,236,810
$1,000,000
$12,368,098
Inflation by spending category, 1942–2006
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1942 spending costs in 2006, by category:
Category
Avg. yearly inflation
$100 in 1942 →
All items (CPI-U)
4.01%
$1,237
Medical care
5.53%
$3,142
Food
4.05%
$1,268
Transportation
3.86%
$1,131
Apparel
2.37%
$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 2006: $100 is worth $1,237 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1942-to-2006/
APA: InflationCalculator.com. Inflation from 1942 to 2006. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1942-to-2006/