Between 1946 and 1957, the Consumer Price Index went from 19.5 to 28.1.
Cumulatively, prices increased 44.1%, which works out to an average of
3.38% per year. Put differently, a dollar in 1946 bought what
$0.69 buys in 1957.
Common amounts: 1946 dollars in 1957
Amount in 1946
Value in 1957
$1.00
$1.44
$5.00
$7.21
$10.00
$14.41
$20.00
$28.82
$50.00
$72.05
$100
$144
$500
$721
$1,000
$1,441
$5,000
$7,205
$10,000
$14,410
$100,000
$144,103
$1,000,000
$1,441,026
Inflation by spending category, 1946–1957
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1946 spending costs in 1957, by category:
Category
Avg. yearly inflation
$100 in 1946 →
All items (CPI-U)
3.38%
$144
Transportation
4.71%
$166
Medical care
4.22%
$158
Food
3.50%
$146
Apparel
2.37%
$129
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 1957: $100 is worth $144 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1946-to-1957/
APA: InflationCalculator.com. Inflation from 1946 to 1957. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1946-to-1957/