Between 1948 and 2005, the Consumer Price Index went from 24.1 to 195.3.
Cumulatively, prices increased 710.4%, which works out to an average of
3.74% per year. Put differently, a dollar in 1948 bought what
$0.12 buys in 2005.
Common amounts: 1948 dollars in 2005
Amount in 1948
Value in 2005
$1.00
$8.10
$5.00
$40.52
$10.00
$81.04
$20.00
$162
$50.00
$405
$100
$810
$500
$4,052
$1,000
$8,104
$5,000
$40,519
$10,000
$81,037
$100,000
$810,373
$1,000,000
$8,103,734
Inflation by spending category, 1948–2005
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1948 spending costs in 2005, by category:
Category
Avg. yearly inflation
$100 in 1948 →
All items (CPI-U)
3.74%
$810
Medical care
5.61%
$2,244
Transportation
3.81%
$844
Food
3.55%
$731
Apparel
1.83%
$281
Not shown because the BLS began these indexes after 1948: 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 1948 to 2005: $100 is worth $810 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1948-to-2005/
APA: InflationCalculator.com. Inflation from 1948 to 2005. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1948-to-2005/