U.S. inflation · 1943–2022
$100 in 1943 has the same buying power as
$1,692
in 2022
| Cumulative price change | 1591.6% |
|---|---|
| Average inflation rate | 3.64% per year |
| Converted amount ($100 base) | $1,692 |
| Price difference ($100 base) | $1,592 |
| CPI in 1943 | 17.3 |
| CPI in 2022 | 292.655 |
| Inflation in 1943 | 6.13% |
| Inflation in 2022 | 8.00% |
| $100 in 1943 → 2022 | $1,692 |
| $100 in 2022 → 1943 | $5.91 |
Between 1943 and 2022, the Consumer Price Index went from 17.3 to 292.655. Cumulatively, prices increased 1591.6%, which works out to an average of 3.64% per year. Put differently, a dollar in 1943 bought what $0.06 buys in 2022.
| Amount in 1943 | Value in 2022 |
|---|---|
| $1.00 | $16.92 |
| $5.00 | $84.58 |
| $10.00 | $169 |
| $20.00 | $338 |
| $50.00 | $846 |
| $100 | $1,692 |
| $500 | $8,458 |
| $1,000 | $16,916 |
| $5,000 | $84,582 |
| $10,000 | $169,165 |
| $100,000 | $1,691,647 |
| $1,000,000 | $16,916,474 |
The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 1943 spending costs in 2022, by category:
| Category | Avg. yearly inflation | $100 in 1943 → |
|---|---|---|
| All items (CPI-U) | 3.64% | $1,692 |
| Medical care | 5.04% | $4,880 |
| Food | 3.72% | $1,786 |
| Transportation | 3.63% | $1,675 |
| Apparel | 1.94% | $457 |
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 |
| 1948 | 24.1 | 8.1% | $139 |
| 1953 | 26.7 | 0.8% | $154 |
| 1958 | 28.9 | 2.8% | $167 |
| 1963 | 30.6 | 1.3% | $177 |
| 1968 | 34.8 | 4.2% | $201 |
| 1973 | 44.4 | 6.2% | $257 |
| 1978 | 65.2 | 7.6% | $377 |
| 1983 | 99.6 | 3.2% | $576 |
| 1988 | 118.3 | 4.1% | $684 |
| 1993 | 144.5 | 3.0% | $835 |
| 1998 | 163 | 1.6% | $942 |
| 2003 | 184 | 2.3% | $1,064 |
| 2008 | 215.303 | 3.8% | $1,245 |
| 2013 | 232.957 | 1.5% | $1,347 |
| 2018 | 251.107 | 2.4% | $1,451 |
| 2022 | 292.655 | 8.0% | $1,692 |
Long periods are sampled every 5 years; the calculator above covers any pair of years.
2022 was the year inflation returned. Consumer prices rose 8.0% on average, the worst since 1981, driven by pandemic-era supply chains, stimulus-fueled demand, and an energy shock from the war in Ukraine. Gas briefly topped $5 a gallon nationally for the first time ever, and “inflation” became the top-ranked economic concern in nearly every poll of American households.
MLA: “Inflation from 1943 to 2022: $100 is worth $1,692 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1943-to-2022/
APA: InflationCalculator.com. Inflation from 1943 to 2022. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1943-to-2022/
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.