Between 1945 and 2017, the Consumer Price Index went from 18 to 245.12.
Cumulatively, prices increased 1261.8%, which works out to an average of
3.69% per year. Put differently, a dollar in 1945 bought what
$0.07 buys in 2017.
Common amounts: 1945 dollars in 2017
Amount in 1945
Value in 2017
$1.00
$13.62
$5.00
$68.09
$10.00
$136
$20.00
$272
$50.00
$681
$100
$1,362
$500
$6,809
$1,000
$13,618
$5,000
$68,089
$10,000
$136,178
$100,000
$1,361,778
$1,000,000
$13,617,778
Inflation by spending category, 1945–2017
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1945 spending costs in 2017, by category:
Category
Avg. yearly inflation
$100 in 1945 →
All items (CPI-U)
3.69%
$1,362
Medical care
5.25%
$3,994
Food
3.78%
$1,445
Transportation
3.59%
$1,268
Apparel
1.94%
$400
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 2017: $100 is worth $1,362 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1945-to-2017/
APA: InflationCalculator.com. Inflation from 1945 to 2017. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1945-to-2017/