Between 1946 and 1960, the Consumer Price Index went from 19.5 to 29.6.
Cumulatively, prices increased 51.8%, which works out to an average of
3.03% per year. Put differently, a dollar in 1946 bought what
$0.66 buys in 1960.
Common amounts: 1946 dollars in 1960
Amount in 1946
Value in 1960
$1.00
$1.52
$5.00
$7.59
$10.00
$15.18
$20.00
$30.36
$50.00
$75.90
$100
$152
$500
$759
$1,000
$1,518
$5,000
$7,590
$10,000
$15,179
$100,000
$151,795
$1,000,000
$1,517,949
Inflation by spending category, 1946–1960
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1946 spending costs in 1960, by category:
Category
Avg. yearly inflation
$100 in 1946 →
All items (CPI-U)
3.03%
$152
Transportation
4.22%
$178
Medical care
4.22%
$178
Food
3.01%
$152
Apparel
2.05%
$133
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 1960: $100 is worth $152 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1946-to-1960/
APA: InflationCalculator.com. Inflation from 1946 to 1960. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1946-to-1960/