Between 1944 and 2016, the Consumer Price Index went from 17.6 to 240.007.
Cumulatively, prices increased 1263.7%, which works out to an average of
3.70% per year. Put differently, a dollar in 1944 bought what
$0.07 buys in 2016.
Common amounts: 1944 dollars in 2016
Amount in 1944
Value in 2016
$1.00
$13.64
$5.00
$68.18
$10.00
$136
$20.00
$273
$50.00
$682
$100
$1,364
$500
$6,818
$1,000
$13,637
$5,000
$68,184
$10,000
$136,368
$100,000
$1,363,676
$1,000,000
$13,636,761
Inflation by spending category, 1944–2016
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1944 spending costs in 2016, by category:
Category
Avg. yearly inflation
$100 in 1944 →
All items (CPI-U)
3.70%
$1,364
Medical care
5.26%
$3,997
Food
3.80%
$1,467
Transportation
3.54%
$1,226
Apparel
2.02%
$423
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 5 years; the calculator above covers any pair of years.
Cite this page
MLA: “Inflation from 1944 to 2016: $100 is worth $1,364 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1944-to-2016/
APA: InflationCalculator.com. Inflation from 1944 to 2016. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1944-to-2016/