U.S. inflation · 1946–1947
$100 in 1946 has the same buying power as
$114
in 1947
| Cumulative price change | 14.4% |
|---|---|
| Average inflation rate | 14.36% per year |
| Converted amount ($100 base) | $114 |
| Price difference ($100 base) | $14.36 |
| CPI in 1946 | 19.5 |
| CPI in 1947 | 22.3 |
| Inflation in 1946 | 8.33% |
| Inflation in 1947 | 14.36% |
| $100 in 1946 → 1947 | $114 |
| $100 in 1947 → 1946 | $87.44 |
Between 1946 and 1947, the Consumer Price Index went from 19.5 to 22.3. Cumulatively, prices increased 14.4%, which works out to an average of 14.36% per year. Put differently, a dollar in 1946 bought what $0.87 buys in 1947.
| Amount in 1946 | Value in 1947 |
|---|---|
| $1.00 | $1.14 |
| $5.00 | $5.72 |
| $10.00 | $11.44 |
| $20.00 | $22.87 |
| $50.00 | $57.18 |
| $100 | $114 |
| $500 | $572 |
| $1,000 | $1,144 |
| $5,000 | $5,718 |
| $10,000 | $11,436 |
| $100,000 | $114,359 |
| $1,000,000 | $1,143,590 |
The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 1946 spending costs in 1947, by category:
| Category | Avg. yearly inflation | $100 in 1946 → |
|---|---|---|
| All items (CPI-U) | 14.36% | $114 |
| Food | 21.72% | $122 |
| Apparel | 15.99% | $116 |
| Transportation | 10.78% | $111 |
| Medical care | 8.00% | $108 |
Not shown because the BLS began these indexes after 1946: core (all items less food & energy) (1957–), energy (1957–), housing (1967–), recreation (1993–), education & communication (1993–).
| Year | CPI | Inflation rate | $100 from 1946 |
|---|---|---|---|
| 1946 | 19.5 | 8.3% | $100 |
| 1947 | 22.3 | 14.4% | $114 |
MLA: “Inflation from 1946 to 1947: $100 is worth $114 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1946-to-1947/
APA: InflationCalculator.com. Inflation from 1946 to 1947. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1946-to-1947/
Source: U.S. Bureau of Labor Statistics, CPI-U annual averages (series CUUR0000SA0; category indexes listed on the data sources page). See how these numbers are calculated.