Between 1947 and 1986, the Consumer Price Index went from 22.3 to 109.6.
Cumulatively, prices increased 391.5%, which works out to an average of
4.17% per year. Put differently, a dollar in 1947 bought what
$0.20 buys in 1986.
Common amounts: 1947 dollars in 1986
Amount in 1947
Value in 1986
$1.00
$4.91
$5.00
$24.57
$10.00
$49.15
$20.00
$98.30
$50.00
$246
$100
$491
$500
$2,457
$1,000
$4,915
$5,000
$24,574
$10,000
$49,148
$100,000
$491,480
$1,000,000
$4,914,798
Inflation by spending category, 1947–1986
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1947 spending costs in 1986, by category:
Category
Avg. yearly inflation
$100 in 1947 →
All items (CPI-U)
4.17%
$491
Medical care
5.81%
$904
Transportation
4.48%
$553
Food
3.95%
$452
Apparel
2.53%
$265
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 1986: $100 is worth $491 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1947-to-1986/
APA: InflationCalculator.com. Inflation from 1947 to 1986. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1947-to-1986/