Between 1947 and 2011, the Consumer Price Index went from 22.3 to 224.939.
Cumulatively, prices increased 908.7%, which works out to an average of
3.68% per year. Put differently, a dollar in 1947 bought what
$0.10 buys in 2011.
Common amounts: 1947 dollars in 2011
Amount in 1947
Value in 2011
$1.00
$10.09
$5.00
$50.43
$10.00
$101
$20.00
$202
$50.00
$504
$100
$1,009
$500
$5,043
$1,000
$10,087
$5,000
$50,435
$10,000
$100,870
$100,000
$1,008,695
$1,000,000
$10,086,951
Inflation by spending category, 1947–2011
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1947 spending costs in 2011, by category:
Category
Avg. yearly inflation
$100 in 1947 →
All items (CPI-U)
3.68%
$1,009
Medical care
5.44%
$2,965
Transportation
3.89%
$1,148
Food
3.57%
$945
Apparel
1.76%
$306
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 2011: $100 is worth $1,009 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1947-to-2011/
APA: InflationCalculator.com. Inflation from 1947 to 2011. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1947-to-2011/