U.S. inflation · 1944–1948

Value of $100 in 1944, adjusted to 1948

$100 in 1944 has the same buying power as

$137

in 1948

$100$118$13719441948$100 · 1944$137 · 1948
Detailed inflation statistics
Cumulative price change36.9%
Average inflation rate8.17% per year
Converted amount ($100 base)$137
Price difference ($100 base)$36.93
CPI in 194417.6
CPI in 194824.1
Inflation in 19441.73%
Inflation in 19488.07%
$100 in 19441948$137
$100 in 19481944$73.03

What happened to prices between 1944 and 1948

Between 1944 and 1948, the Consumer Price Index went from 17.6 to 24.1. Cumulatively, prices increased 36.9%, which works out to an average of 8.17% per year. Put differently, a dollar in 1944 bought what $0.73 buys in 1948.

Common amounts: 1944 dollars in 1948

Amount in 1944Value in 1948
$1.00$1.37
$5.00$6.85
$10.00$13.69
$20.00$27.39
$50.00$68.47
$100$137
$500$685
$1,000$1,369
$5,000$6,847
$10,000$13,693
$100,000$136,932
$1,000,000$1,369,318

Inflation by spending category, 1944–1948

The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 1944 spending costs in 1948, by category:

Category Avg. yearly inflation $100 in 1944 →
All items (CPI-U) 8.17% $137
Food 11.48% $154
Apparel 9.28% $143
Transportation 6.69% $130
Medical care 5.55% $124

Not shown because the BLS began these indexes after 1944: core (all items less food & energy) (1957–), energy (1957–), housing (1967–), recreation (1993–), education & communication (1993–).

Year by year: CPI and the value of $100 from 1944

Year CPI Inflation rate $100 from 1944
1944 17.6 1.7% $100
1945 18 2.3% $102
1946 19.5 8.3% $111
1947 22.3 14.4% $127
1948 24.1 8.1% $137

Cite this page

MLA: “Inflation from 1944 to 1948: $100 is worth $137 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1944-to-1948/

APA: InflationCalculator.com. Inflation from 1944 to 1948. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1944-to-1948/

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.