Between 1943 and 1948, the Consumer Price Index went from 17.3 to 24.1.
Cumulatively, prices increased 39.3%, which works out to an average of
6.85% per year. Put differently, a dollar in 1943 bought what
$0.72 buys in 1948.
Common amounts: 1943 dollars in 1948
Amount in 1943
Value in 1948
$1.00
$1.39
$5.00
$6.97
$10.00
$13.93
$20.00
$27.86
$50.00
$69.65
$100
$139
$500
$697
$1,000
$1,393
$5,000
$6,965
$10,000
$13,931
$100,000
$139,306
$1,000,000
$1,393,064
Inflation by spending category, 1943–1948
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1943 spending costs in 1948, by category:
Category
Avg. yearly inflation
$100 in 1943 →
All items (CPI-U)
6.85%
$139
Apparel
8.86%
$153
Food
8.83%
$153
Transportation
5.32%
$130
Medical care
5.15%
$129
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–).
MLA: “Inflation from 1943 to 1948: $100 is worth $139 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1943-to-1948/
APA: InflationCalculator.com. Inflation from 1943 to 1948. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1943-to-1948/