Between 1947 and 2006, the Consumer Price Index went from 22.3 to 201.6.
Cumulatively, prices increased 804.0%, which works out to an average of
3.80% per year. Put differently, a dollar in 1947 bought what
$0.11 buys in 2006.
Common amounts: 1947 dollars in 2006
Amount in 1947
Value in 2006
$1.00
$9.04
$5.00
$45.20
$10.00
$90.40
$20.00
$181
$50.00
$452
$100
$904
$500
$4,520
$1,000
$9,040
$5,000
$45,202
$10,000
$90,404
$100,000
$904,036
$1,000,000
$9,040,359
Inflation by spending category, 1947–2006
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1947 spending costs in 2006, by category:
Category
Avg. yearly inflation
$100 in 1947 →
All items (CPI-U)
3.80%
$904
Medical care
5.60%
$2,490
Transportation
3.94%
$978
Food
3.61%
$810
Apparel
1.88%
$299
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 2006: $100 is worth $904 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1947-to-2006/
APA: InflationCalculator.com. Inflation from 1947 to 2006. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1947-to-2006/