Between 1946 and 1961, the Consumer Price Index went from 19.5 to 29.9.
Cumulatively, prices increased 53.3%, which works out to an average of
2.89% per year. Put differently, a dollar in 1946 bought what
$0.65 buys in 1961.
Common amounts: 1946 dollars in 1961
Amount in 1946
Value in 1961
$1.00
$1.53
$5.00
$7.67
$10.00
$15.33
$20.00
$30.67
$50.00
$76.67
$100
$153
$500
$767
$1,000
$1,533
$5,000
$7,667
$10,000
$15,333
$100,000
$153,333
$1,000,000
$1,533,333
Inflation by spending category, 1946–1961
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1946 spending costs in 1961, by category:
Category
Avg. yearly inflation
$100 in 1946 →
All items (CPI-U)
2.89%
$153
Medical care
4.12%
$183
Transportation
4.01%
$180
Food
2.90%
$154
Apparel
1.97%
$134
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 1961: $100 is worth $153 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1946-to-1961/
APA: InflationCalculator.com. Inflation from 1946 to 1961. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1946-to-1961/