Between 1946 and 1953, the Consumer Price Index went from 19.5 to 26.7.
Cumulatively, prices increased 36.9%, which works out to an average of
4.59% per year. Put differently, a dollar in 1946 bought what
$0.73 buys in 1953.
Common amounts: 1946 dollars in 1953
Amount in 1946
Value in 1953
$1.00
$1.37
$5.00
$6.85
$10.00
$13.69
$20.00
$27.38
$50.00
$68.46
$100
$137
$500
$685
$1,000
$1,369
$5,000
$6,846
$10,000
$13,692
$100,000
$136,923
$1,000,000
$1,369,231
Inflation by spending category, 1946–1953
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1946 spending costs in 1953, by category:
Category
Avg. yearly inflation
$100 in 1946 →
All items (CPI-U)
4.59%
$137
Transportation
6.82%
$159
Food
5.23%
$143
Medical care
4.75%
$138
Apparel
3.27%
$125
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 1953: $100 is worth $137 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1946-to-1953/
APA: InflationCalculator.com. Inflation from 1946 to 1953. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1946-to-1953/