U.S. inflation · 1943–1944
$100 in 1943 has the same buying power as
$102
in 1944
| Cumulative price change | 1.7% |
|---|---|
| Average inflation rate | 1.73% per year |
| Converted amount ($100 base) | $102 |
| Price difference ($100 base) | $1.73 |
| CPI in 1943 | 17.3 |
| CPI in 1944 | 17.6 |
| Inflation in 1943 | 6.13% |
| Inflation in 1944 | 1.73% |
| $100 in 1943 → 1944 | $102 |
| $100 in 1944 → 1943 | $98.30 |
Between 1943 and 1944, the Consumer Price Index went from 17.3 to 17.6. Cumulatively, prices increased 1.7%, which works out to an average of 1.73% per year. Put differently, a dollar in 1943 bought what $0.98 buys in 1944.
| Amount in 1943 | Value in 1944 |
|---|---|
| $1.00 | $1.02 |
| $5.00 | $5.09 |
| $10.00 | $10.17 |
| $20.00 | $20.35 |
| $50.00 | $50.87 |
| $100 | $102 |
| $500 | $509 |
| $1,000 | $1,017 |
| $5,000 | $5,087 |
| $10,000 | $10,173 |
| $100,000 | $101,734 |
| $1,000,000 | $1,017,341 |
The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 1943 spending costs in 1944, by category:
| Category | Avg. yearly inflation | $100 in 1943 → |
|---|---|---|
| All items (CPI-U) | 1.73% | $102 |
| Apparel | 7.19% | $107 |
| Medical care | 3.57% | $104 |
| Transportation | 0.00% | $100 |
| Food | -1.17% | $98.83 |
Not shown because the BLS began these indexes after 1943: core (all items less food & energy) (1957–), energy (1957–), housing (1967–), recreation (1993–), education & communication (1993–).
| Year | CPI | Inflation rate | $100 from 1943 |
|---|---|---|---|
| 1943 | 17.3 | 6.1% | $100 |
| 1944 | 17.6 | 1.7% | $102 |
MLA: “Inflation from 1943 to 1944: $100 is worth $102 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1943-to-1944/
APA: InflationCalculator.com. Inflation from 1943 to 1944. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1943-to-1944/
Source: U.S. Bureau of Labor Statistics, CPI-U annual averages (series CUUR0000SA0; category indexes listed on the data sources page). See how these numbers are calculated.