Between 1947 and 2010, the Consumer Price Index went from 22.3 to 218.056.
Cumulatively, prices increased 877.8%, which works out to an average of
3.69% per year. Put differently, a dollar in 1947 bought what
$0.10 buys in 2010.
Common amounts: 1947 dollars in 2010
Amount in 1947
Value in 2010
$1.00
$9.78
$5.00
$48.89
$10.00
$97.78
$20.00
$196
$50.00
$489
$100
$978
$500
$4,889
$1,000
$9,778
$5,000
$48,891
$10,000
$97,783
$100,000
$977,830
$1,000,000
$9,778,296
Inflation by spending category, 1947–2010
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1947 spending costs in 2010, by category:
Category
Avg. yearly inflation
$100 in 1947 →
All items (CPI-U)
3.69%
$978
Medical care
5.48%
$2,877
Transportation
3.80%
$1,045
Food
3.57%
$911
Apparel
1.76%
$300
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 5 years; the calculator above covers any pair of years.
Cite this page
MLA: “Inflation from 1947 to 2010: $100 is worth $978 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1947-to-2010/
APA: InflationCalculator.com. Inflation from 1947 to 2010. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1947-to-2010/