Between 1944 and 1965, the Consumer Price Index went from 17.6 to 31.5.
Cumulatively, prices increased 79.0%, which works out to an average of
2.81% per year. Put differently, a dollar in 1944 bought what
$0.56 buys in 1965.
Common amounts: 1944 dollars in 1965
Amount in 1944
Value in 1965
$1.00
$1.79
$5.00
$8.95
$10.00
$17.90
$20.00
$35.80
$50.00
$89.49
$100
$179
$500
$895
$1,000
$1,790
$5,000
$8,949
$10,000
$17,898
$100,000
$178,977
$1,000,000
$1,789,773
Inflation by spending category, 1944–1965
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1944 spending costs in 1965, by category:
Category
Avg. yearly inflation
$100 in 1944 →
All items (CPI-U)
2.81%
$179
Medical care
3.76%
$217
Transportation
3.37%
$201
Food
3.12%
$191
Apparel
2.28%
$160
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 1965: $100 is worth $179 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1944-to-1965/
APA: InflationCalculator.com. Inflation from 1944 to 1965. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1944-to-1965/