Between 1945 and 1949, the Consumer Price Index went from 18 to 23.8.
Cumulatively, prices increased 32.2%, which works out to an average of
7.23% per year. Put differently, a dollar in 1945 bought what
$0.76 buys in 1949.
Common amounts: 1945 dollars in 1949
Amount in 1945
Value in 1949
$1.00
$1.32
$5.00
$6.61
$10.00
$13.22
$20.00
$26.44
$50.00
$66.11
$100
$132
$500
$661
$1,000
$1,322
$5,000
$6,611
$10,000
$13,222
$100,000
$132,222
$1,000,000
$1,322,222
Inflation by spending category, 1945–1949
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1945 spending costs in 1949, by category:
Category
Avg. yearly inflation
$100 in 1945 →
All items (CPI-U)
7.23%
$132
Food
9.64%
$145
Transportation
8.58%
$139
Apparel
6.77%
$130
Medical care
5.60%
$124
Not shown because the BLS began these indexes after 1945: core (all items less food & energy) (1957–), energy (1957–), housing (1967–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1945 to 1949: $100 is worth $132 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1945-to-1949/
APA: InflationCalculator.com. Inflation from 1945 to 1949. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1945-to-1949/