Between 1946 and 1951, the Consumer Price Index went from 19.5 to 26.
Cumulatively, prices increased 33.3%, which works out to an average of
5.92% per year. Put differently, a dollar in 1946 bought what
$0.75 buys in 1951.
Common amounts: 1946 dollars in 1951
Amount in 1946
Value in 1951
$1.00
$1.33
$5.00
$6.67
$10.00
$13.33
$20.00
$26.67
$50.00
$66.67
$100
$133
$500
$667
$1,000
$1,333
$5,000
$6,667
$10,000
$13,333
$100,000
$133,333
$1,000,000
$1,333,333
Inflation by spending category, 1946–1951
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1946 spending costs in 1951, by category:
Category
Avg. yearly inflation
$100 in 1946 →
All items (CPI-U)
5.92%
$133
Transportation
7.61%
$144
Food
7.33%
$142
Apparel
5.00%
$128
Medical care
4.93%
$127
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–).
MLA: “Inflation from 1946 to 1951: $100 is worth $133 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1946-to-1951/
APA: InflationCalculator.com. Inflation from 1946 to 1951. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1946-to-1951/