Between 1944 and 2017, the Consumer Price Index went from 17.6 to 245.12.
Cumulatively, prices increased 1292.7%, which works out to an average of
3.67% per year. Put differently, a dollar in 1944 bought what
$0.07 buys in 2017.
Common amounts: 1944 dollars in 2017
Amount in 1944
Value in 2017
$1.00
$13.93
$5.00
$69.64
$10.00
$139
$20.00
$279
$50.00
$696
$100
$1,393
$500
$6,964
$1,000
$13,927
$5,000
$69,636
$10,000
$139,273
$100,000
$1,392,727
$1,000,000
$13,927,273
Inflation by spending category, 1944–2017
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1944 spending costs in 2017, by category:
Category
Avg. yearly inflation
$100 in 1944 →
All items (CPI-U)
3.67%
$1,393
Medical care
5.22%
$4,098
Food
3.76%
$1,480
Transportation
3.54%
$1,268
Apparel
1.99%
$422
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 2017: $100 is worth $1,393 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1944-to-2017/
APA: InflationCalculator.com. Inflation from 1944 to 2017. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1944-to-2017/