Between 1946 and 1994, the Consumer Price Index went from 19.5 to 148.2.
Cumulatively, prices increased 660.0%, which works out to an average of
4.32% per year. Put differently, a dollar in 1946 bought what
$0.13 buys in 1994.
Common amounts: 1946 dollars in 1994
Amount in 1946
Value in 1994
$1.00
$7.60
$5.00
$38.00
$10.00
$76.00
$20.00
$152
$50.00
$380
$100
$760
$500
$3,800
$1,000
$7,600
$5,000
$38,000
$10,000
$76,000
$100,000
$760,000
$1,000,000
$7,600,000
Inflation by spending category, 1946–1994
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1946 spending costs in 1994, by category:
Category
Avg. yearly inflation
$100 in 1946 →
All items (CPI-U)
4.32%
$760
Medical care
6.06%
$1,688
Transportation
4.44%
$804
Food
4.22%
$729
Apparel
2.86%
$388
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–).
Long periods are sampled every 2 years; the calculator above covers any pair of years.
Cite this page
MLA: “Inflation from 1946 to 1994: $100 is worth $760 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1946-to-1994/
APA: InflationCalculator.com. Inflation from 1946 to 1994. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1946-to-1994/