Between 1944 and 1955, the Consumer Price Index went from 17.6 to 26.8.
Cumulatively, prices increased 52.3%, which works out to an average of
3.90% per year. Put differently, a dollar in 1944 bought what
$0.66 buys in 1955.
Common amounts: 1944 dollars in 1955
Amount in 1944
Value in 1955
$1.00
$1.52
$5.00
$7.61
$10.00
$15.23
$20.00
$30.45
$50.00
$76.14
$100
$152
$500
$761
$1,000
$1,523
$5,000
$7,614
$10,000
$15,227
$100,000
$152,273
$1,000,000
$1,522,727
Inflation by spending category, 1944–1955
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1944 spending costs in 1955, by category:
Category
Avg. yearly inflation
$100 in 1944 →
All items (CPI-U)
3.90%
$152
Food
4.63%
$164
Transportation
4.50%
$162
Medical care
4.18%
$157
Apparel
3.37%
$144
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 1955: $100 is worth $152 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1944-to-1955/
APA: InflationCalculator.com. Inflation from 1944 to 1955. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1944-to-1955/