Between 1947 and 1985, the Consumer Price Index went from 22.3 to 107.6.
Cumulatively, prices increased 382.5%, which works out to an average of
4.23% per year. Put differently, a dollar in 1947 bought what
$0.21 buys in 1985.
Common amounts: 1947 dollars in 1985
Amount in 1947
Value in 1985
$1.00
$4.83
$5.00
$24.13
$10.00
$48.25
$20.00
$96.50
$50.00
$241
$100
$483
$500
$2,413
$1,000
$4,825
$5,000
$24,126
$10,000
$48,251
$100,000
$482,511
$1,000,000
$4,825,112
Inflation by spending category, 1947–1985
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1947 spending costs in 1985, by category:
Category
Avg. yearly inflation
$100 in 1947 →
All items (CPI-U)
4.23%
$483
Medical care
5.76%
$841
Transportation
4.71%
$575
Food
3.96%
$438
Apparel
2.58%
$263
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–).
Long periods are sampled every 2 years; the calculator above covers any pair of years.
Cite this page
MLA: “Inflation from 1947 to 1985: $100 is worth $483 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1947-to-1985/
APA: InflationCalculator.com. Inflation from 1947 to 1985. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1947-to-1985/