Between 1947 and 2013, the Consumer Price Index went from 22.3 to 232.957.
Cumulatively, prices increased 944.7%, which works out to an average of
3.62% per year. Put differently, a dollar in 1947 bought what
$0.10 buys in 2013.
Common amounts: 1947 dollars in 2013
Amount in 1947
Value in 2013
$1.00
$10.45
$5.00
$52.23
$10.00
$104
$20.00
$209
$50.00
$522
$100
$1,045
$500
$5,223
$1,000
$10,447
$5,000
$52,233
$10,000
$104,465
$100,000
$1,044,650
$1,000,000
$10,446,502
Inflation by spending category, 1947–2013
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1947 spending costs in 2013, by category:
Category
Avg. yearly inflation
$100 in 1947 →
All items (CPI-U)
3.62%
$1,045
Medical care
5.37%
$3,149
Transportation
3.80%
$1,175
Food
3.52%
$984
Apparel
1.77%
$319
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 2013: $100 is worth $1,045 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1947-to-2013/
APA: InflationCalculator.com. Inflation from 1947 to 2013. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1947-to-2013/