Between 1945 and 2016, the Consumer Price Index went from 18 to 240.007.
Cumulatively, prices increased 1233.4%, which works out to an average of
3.72% per year. Put differently, a dollar in 1945 bought what
$0.07 buys in 2016.
Common amounts: 1945 dollars in 2016
Amount in 1945
Value in 2016
$1.00
$13.33
$5.00
$66.67
$10.00
$133
$20.00
$267
$50.00
$667
$100
$1,333
$500
$6,667
$1,000
$13,334
$5,000
$66,669
$10,000
$133,337
$100,000
$1,333,372
$1,000,000
$13,333,722
Inflation by spending category, 1945–2016
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1945 spending costs in 2016, by category:
Category
Avg. yearly inflation
$100 in 1945 →
All items (CPI-U)
3.72%
$1,333
Medical care
5.29%
$3,896
Food
3.82%
$1,433
Transportation
3.59%
$1,226
Apparel
1.98%
$401
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–).
Long periods are sampled every 5 years; the calculator above covers any pair of years.
Cite this page
MLA: “Inflation from 1945 to 2016: $100 is worth $1,333 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1945-to-2016/
APA: InflationCalculator.com. Inflation from 1945 to 2016. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1945-to-2016/