Between 1946 and 1954, the Consumer Price Index went from 19.5 to 26.9.
Cumulatively, prices increased 37.9%, which works out to an average of
4.10% per year. Put differently, a dollar in 1946 bought what
$0.72 buys in 1954.
Common amounts: 1946 dollars in 1954
Amount in 1946
Value in 1954
$1.00
$1.38
$5.00
$6.90
$10.00
$13.79
$20.00
$27.59
$50.00
$68.97
$100
$138
$500
$690
$1,000
$1,379
$5,000
$6,897
$10,000
$13,795
$100,000
$137,949
$1,000,000
$1,379,487
Inflation by spending category, 1946–1954
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1946 spending costs in 1954, by category:
Category
Avg. yearly inflation
$100 in 1946 →
All items (CPI-U)
4.10%
$138
Transportation
5.74%
$156
Food
4.52%
$142
Medical care
4.52%
$142
Apparel
2.86%
$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 1954: $100 is worth $138 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1946-to-1954/
APA: InflationCalculator.com. Inflation from 1946 to 1954. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1946-to-1954/