Between 1942 and 2012, the Consumer Price Index went from 16.3 to 229.594.
Cumulatively, prices increased 1308.6%, which works out to an average of
3.85% per year. Put differently, a dollar in 1942 bought what
$0.07 buys in 2012.
Common amounts: 1942 dollars in 2012
Amount in 1942
Value in 2012
$1.00
$14.09
$5.00
$70.43
$10.00
$141
$20.00
$282
$50.00
$704
$100
$1,409
$500
$7,043
$1,000
$14,086
$5,000
$70,428
$10,000
$140,855
$100,000
$1,408,552
$1,000,000
$14,085,521
Inflation by spending category, 1942–2012
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1942 spending costs in 2012, by category:
Category
Avg. yearly inflation
$100 in 1942 →
All items (CPI-U)
3.85%
$1,409
Medical care
5.36%
$3,878
Food
3.96%
$1,518
Transportation
3.80%
$1,358
Apparel
2.24%
$473
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 2012: $100 is worth $1,409 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1942-to-2012/
APA: InflationCalculator.com. Inflation from 1942 to 2012. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1942-to-2012/