Between 1945 and 1950, the Consumer Price Index went from 18 to 24.1.
Cumulatively, prices increased 33.9%, which works out to an average of
6.01% per year. Put differently, a dollar in 1945 bought what
$0.75 buys in 1950.
Common amounts: 1945 dollars in 1950
Amount in 1945
Value in 1950
$1.00
$1.34
$5.00
$6.69
$10.00
$13.39
$20.00
$26.78
$50.00
$66.94
$100
$134
$500
$669
$1,000
$1,339
$5,000
$6,694
$10,000
$13,389
$100,000
$133,889
$1,000,000
$1,338,889
Inflation by spending category, 1945–1950
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1945 spending costs in 1950, by category:
Category
Avg. yearly inflation
$100 in 1945 →
All items (CPI-U)
6.01%
$134
Food
7.98%
$147
Transportation
7.38%
$143
Apparel
5.12%
$128
Medical care
4.88%
$127
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 1950: $100 is worth $134 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1945-to-1950/
APA: InflationCalculator.com. Inflation from 1945 to 1950. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1945-to-1950/