Between 1947 and 2015, the Consumer Price Index went from 22.3 to 237.017.
Cumulatively, prices increased 962.9%, which works out to an average of
3.54% per year. Put differently, a dollar in 1947 bought what
$0.09 buys in 2015.
Common amounts: 1947 dollars in 2015
Amount in 1947
Value in 2015
$1.00
$10.63
$5.00
$53.14
$10.00
$106
$20.00
$213
$50.00
$531
$100
$1,063
$500
$5,314
$1,000
$10,629
$5,000
$53,143
$10,000
$106,286
$100,000
$1,062,857
$1,000,000
$10,628,565
Inflation by spending category, 1947–2015
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1947 spending costs in 2015, by category:
Category
Avg. yearly inflation
$100 in 1947 →
All items (CPI-U)
3.54%
$1,063
Medical care
5.28%
$3,309
Transportation
3.56%
$1,076
Food
3.48%
$1,026
Apparel
1.70%
$316
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 2015: $100 is worth $1,063 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1947-to-2015/
APA: InflationCalculator.com. Inflation from 1947 to 2015. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1947-to-2015/