Between 1942 and 2007, the Consumer Price Index went from 16.3 to 207.342.
Cumulatively, prices increased 1172.0%, which works out to an average of
3.99% per year. Put differently, a dollar in 1942 bought what
$0.08 buys in 2007.
Common amounts: 1942 dollars in 2007
Amount in 1942
Value in 2007
$1.00
$12.72
$5.00
$63.60
$10.00
$127
$20.00
$254
$50.00
$636
$100
$1,272
$500
$6,360
$1,000
$12,720
$5,000
$63,602
$10,000
$127,204
$100,000
$1,272,037
$1,000,000
$12,720,368
Inflation by spending category, 1942–2007
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1942 spending costs in 2007, by category:
Category
Avg. yearly inflation
$100 in 1942 →
All items (CPI-U)
3.99%
$1,272
Medical care
5.52%
$3,281
Food
4.05%
$1,318
Transportation
3.83%
$1,154
Apparel
2.33%
$446
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 2007: $100 is worth $1,272 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1942-to-2007/
APA: InflationCalculator.com. Inflation from 1942 to 2007. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1942-to-2007/