Between 1944 and 1954, the Consumer Price Index went from 17.6 to 26.9.
Cumulatively, prices increased 52.8%, which works out to an average of
4.33% per year. Put differently, a dollar in 1944 bought what
$0.65 buys in 1954.
Common amounts: 1944 dollars in 1954
Amount in 1944
Value in 1954
$1.00
$1.53
$5.00
$7.64
$10.00
$15.28
$20.00
$30.57
$50.00
$76.42
$100
$153
$500
$764
$1,000
$1,528
$5,000
$7,642
$10,000
$15,284
$100,000
$152,841
$1,000,000
$1,528,409
Inflation by spending category, 1944–1954
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1944 spending costs in 1954, by category:
Category
Avg. yearly inflation
$100 in 1944 →
All items (CPI-U)
4.33%
$153
Food
5.25%
$167
Transportation
5.08%
$164
Medical care
4.37%
$153
Apparel
3.76%
$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 1954: $100 is worth $153 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1944-to-1954/
APA: InflationCalculator.com. Inflation from 1944 to 1954. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1944-to-1954/