Between 1944 and 1953, the Consumer Price Index went from 17.6 to 26.7.
Cumulatively, prices increased 51.7%, which works out to an average of
4.74% per year. Put differently, a dollar in 1944 bought what
$0.66 buys in 1953.
Common amounts: 1944 dollars in 1953
Amount in 1944
Value in 1953
$1.00
$1.52
$5.00
$7.59
$10.00
$15.17
$20.00
$30.34
$50.00
$75.85
$100
$152
$500
$759
$1,000
$1,517
$5,000
$7,585
$10,000
$15,170
$100,000
$151,705
$1,000,000
$1,517,045
Inflation by spending category, 1944–1953
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1944 spending costs in 1953, by category:
Category
Avg. yearly inflation
$100 in 1944 →
All items (CPI-U)
4.74%
$152
Food
5.90%
$167
Transportation
5.84%
$167
Medical care
4.54%
$149
Apparel
4.19%
$145
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–).
MLA: “Inflation from 1944 to 1953: $100 is worth $152 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1944-to-1953/
APA: InflationCalculator.com. Inflation from 1944 to 1953. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1944-to-1953/