U.S. inflation · 1943–1945
$100 in 1943 has the same buying power as
$104
in 1945
| Cumulative price change | 4.0% |
|---|---|
| Average inflation rate | 2.00% per year |
| Converted amount ($100 base) | $104 |
| Price difference ($100 base) | $4.05 |
| CPI in 1943 | 17.3 |
| CPI in 1945 | 18 |
| Inflation in 1943 | 6.13% |
| Inflation in 1945 | 2.27% |
| $100 in 1943 → 1945 | $104 |
| $100 in 1945 → 1943 | $96.11 |
Between 1943 and 1945, the Consumer Price Index went from 17.3 to 18. Cumulatively, prices increased 4.0%, which works out to an average of 2.00% per year. Put differently, a dollar in 1943 bought what $0.96 buys in 1945.
| Amount in 1943 | Value in 1945 |
|---|---|
| $1.00 | $1.04 |
| $5.00 | $5.20 |
| $10.00 | $10.40 |
| $20.00 | $20.81 |
| $50.00 | $52.02 |
| $100 | $104 |
| $500 | $520 |
| $1,000 | $1,040 |
| $5,000 | $5,202 |
| $10,000 | $10,405 |
| $100,000 | $104,046 |
| $1,000,000 | $1,040,462 |
The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 1943 spending costs in 1945, by category:
| Category | Avg. yearly inflation | $100 in 1943 → |
|---|---|---|
| All items (CPI-U) | 2.00% | $104 |
| Apparel | 6.28% | $113 |
| Medical care | 3.08% | $106 |
| Food | 0.58% | $101 |
| Transportation | 0.00% | $100 |
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 |
| 1945 | 18 | 2.3% | $104 |
MLA: “Inflation from 1943 to 1945: $100 is worth $104 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1943-to-1945/
APA: InflationCalculator.com. Inflation from 1943 to 1945. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1943-to-1945/
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.