Between 1943 and 1965, the Consumer Price Index went from 17.3 to 31.5.
Cumulatively, prices increased 82.1%, which works out to an average of
2.76% per year. Put differently, a dollar in 1943 bought what
$0.55 buys in 1965.
Common amounts: 1943 dollars in 1965
Amount in 1943
Value in 1965
$1.00
$1.82
$5.00
$9.10
$10.00
$18.21
$20.00
$36.42
$50.00
$91.04
$100
$182
$500
$910
$1,000
$1,821
$5,000
$9,104
$10,000
$18,208
$100,000
$182,081
$1,000,000
$1,820,809
Inflation by spending category, 1943–1965
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1943 spending costs in 1965, by category:
Category
Avg. yearly inflation
$100 in 1943 →
All items (CPI-U)
2.76%
$182
Medical care
3.75%
$225
Transportation
3.22%
$201
Food
2.92%
$188
Apparel
2.49%
$172
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 1965: $100 is worth $182 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1943-to-1965/
APA: InflationCalculator.com. Inflation from 1943 to 1965. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1943-to-1965/