Between 1947 and 2007, the Consumer Price Index went from 22.3 to 207.342.
Cumulatively, prices increased 829.8%, which works out to an average of
3.79% per year. Put differently, a dollar in 1947 bought what
$0.11 buys in 2007.
Common amounts: 1947 dollars in 2007
Amount in 1947
Value in 2007
$1.00
$9.30
$5.00
$46.49
$10.00
$92.98
$20.00
$186
$50.00
$465
$100
$930
$500
$4,649
$1,000
$9,298
$5,000
$46,489
$10,000
$92,978
$100,000
$929,785
$1,000,000
$9,297,848
Inflation by spending category, 1947–2007
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1947 spending costs in 2007, by category:
Category
Avg. yearly inflation
$100 in 1947 →
All items (CPI-U)
3.79%
$930
Medical care
5.58%
$2,600
Transportation
3.91%
$998
Food
3.61%
$842
Apparel
1.84%
$298
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 2007: $100 is worth $930 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1947-to-2007/
APA: InflationCalculator.com. Inflation from 1947 to 2007. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1947-to-2007/