Between 1944 and 1999, the Consumer Price Index went from 17.6 to 166.6.
Cumulatively, prices increased 846.6%, which works out to an average of
4.17% per year. Put differently, a dollar in 1944 bought what
$0.11 buys in 1999.
Common amounts: 1944 dollars in 1999
Amount in 1944
Value in 1999
$1.00
$9.47
$5.00
$47.33
$10.00
$94.66
$20.00
$189
$50.00
$473
$100
$947
$500
$4,733
$1,000
$9,466
$5,000
$47,330
$10,000
$94,659
$100,000
$946,591
$1,000,000
$9,465,909
Inflation by spending category, 1944–1999
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1944 spending costs in 1999, by category:
Category
Avg. yearly inflation
$100 in 1944 →
All items (CPI-U)
4.17%
$947
Medical care
5.75%
$2,160
Food
4.22%
$971
Transportation
4.09%
$908
Apparel
2.73%
$441
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–).
Long periods are sampled every 2 years; the calculator above covers any pair of years.
Cite this page
MLA: “Inflation from 1944 to 1999: $100 is worth $947 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1944-to-1999/
APA: InflationCalculator.com. Inflation from 1944 to 1999. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1944-to-1999/