Between 1942 and 2017, the Consumer Price Index went from 16.3 to 245.12.
Cumulatively, prices increased 1403.8%, which works out to an average of
3.68% per year. Put differently, a dollar in 1942 bought what
$0.07 buys in 2017.
Common amounts: 1942 dollars in 2017
Amount in 1942
Value in 2017
$1.00
$15.04
$5.00
$75.19
$10.00
$150
$20.00
$301
$50.00
$752
$100
$1,504
$500
$7,519
$1,000
$15,038
$5,000
$75,190
$10,000
$150,380
$100,000
$1,503,804
$1,000,000
$15,038,037
Inflation by spending category, 1942–2017
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1942 spending costs in 2017, by category:
Category
Avg. yearly inflation
$100 in 1942 →
All items (CPI-U)
3.68%
$1,504
Medical care
5.19%
$4,442
Food
3.79%
$1,624
Transportation
3.44%
$1,260
Apparel
2.09%
$470
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 2017: $100 is worth $1,504 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1942-to-2017/
APA: InflationCalculator.com. Inflation from 1942 to 2017. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1942-to-2017/