Between 1947 and 1952, the Consumer Price Index went from 22.3 to 26.5.
Cumulatively, prices increased 18.8%, which works out to an average of
3.51% per year. Put differently, a dollar in 1947 bought what
$0.84 buys in 1952.
Common amounts: 1947 dollars in 1952
Amount in 1947
Value in 1952
$1.00
$1.19
$5.00
$5.94
$10.00
$11.88
$20.00
$23.77
$50.00
$59.42
$100
$119
$500
$594
$1,000
$1,188
$5,000
$5,942
$10,000
$11,883
$100,000
$118,834
$1,000,000
$1,188,341
Inflation by spending category, 1947–1952
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1947 spending costs in 1952, by category:
Category
Avg. yearly inflation
$100 in 1947 →
All items (CPI-U)
3.51%
$119
Transportation
6.80%
$139
Medical care
4.35%
$124
Food
3.56%
$119
Apparel
1.74%
$109
Not shown because the BLS began these indexes after 1947: core (all items less food & energy) (1957–), energy (1957–), housing (1967–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1947 to 1952: $100 is worth $119 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1947-to-1952/
APA: InflationCalculator.com. Inflation from 1947 to 1952. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1947-to-1952/