U.S. inflation · 1948–2025

Value of $100 in 1948, adjusted to 2025

$100 in 1948 is worth $1,336 in 2025, because prices increased 1235.9% over that period, an average of 3.42% a year.

$100 in 1948 has the same buying power as

$1,336

in 2025

$99$717$1.3k19481967198720062025$100 · 1948$1.3k · 2025
Detailed inflation statistics
Cumulative price change1235.9%
Average inflation rate3.42% per year
Converted amount ($100 base)$1,336
Price difference ($100 base)$1,236
CPI in 194824.1
CPI in 2025321.943
Inflation in 19488.07%
Inflation in 20252.63%
$100 in 1948 → 2025$1,336
$100 in 2025 → 1948$7.49

What happened to prices between 1948 and 2025

Between 1948 and 2025, the Consumer Price Index went from 24.1 to 321.943. Cumulatively, prices increased 1235.9%, which works out to an average of 3.42% per year. Put differently, a dollar in 1948 bought what $0.07 buys in 2025: the 1948 dollar lost 92.5% of its purchasing power over these 77 years.

Consumer prices rose 8.1% in 1948, down slightly from 1947’s 14.4% but still the second straight year of sharp postwar inflation now that wartime price controls were fully gone. Congress moved to stabilize a different economy that April, passing the Economic Cooperation Act to fund the plan Secretary of State George Marshall had proposed the year before: more than $13 billion over four years to rebuild Western Europe and counter Soviet influence. The Cold War turned tense closer to the plan’s target that June, when Soviet forces cut off road and rail access to the Western-controlled sectors of Berlin. American and British aircraft responded almost immediately with an airlift of food, fuel, and supplies that would keep the city running for nearly a year. Domestic politics produced its own upset that November: nearly every poll and pundit had predicted a Republican win, but Harry Truman defeated New York Governor Thomas Dewey, handing the Chicago Tribune its famously wrong “Dewey Defeats Truman” headline. Consumer prices finished the year 143.4% above their 1913 level and 40.9% above 1929’s pre-Depression peak. First-class postage held at 3 cents, and the minimum wage stayed at 40 cents an hour.

More about inflation in 1948 →

Common amounts: 1948 dollars in 2025

Every 1948 amount converts to 2025 at the same ratio, 13.36: $1,000 becomes $13,359, and $10,000 becomes $133,586.

Amount in 1948Value in 2025
$1.00$13.36
$5.00$66.79
$10.00$134
$20.00$267
$50.00$668
$100$1,336
$500$6,679
$1,000$13,359
$5,000$66,793
$10,000$133,586
$100,000$1,335,863
$1,000,000$13,358,631

Inflation by spending category, 1948–2025

Between 1948 and 2025, medical care rose the most, up 3928.5%, while apparel rose the least, up 209.0%, against 1235.9% for all items. The headline number is an average; here is what $100 of 1948 spending costs in 2025, by category:

Category Avg. yearly inflation $100 in 1948 →
All items (CPI-U) 3.42% $1,336
Medical care 4.92% $4,028
Transportation 3.41% $1,321
Food 3.39% $1,301
Apparel 1.48% $309

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–).

Decade by decade: 1948 to 2025

Prices climbed fastest in the 1970s, averaging 7.82% a year, and slowest in the 1940s (0.00% a year). Each step below chains into the full 1948–2025 change:

Years Avg. yearly inflation Price change $100 from 1948, at end
1948–1950 0.00% 0.0% $100
1950–1960 2.08% 22.8% $123
1960–1970 2.74% 31.1% $161
1970–1980 7.82% 112.4% $342
1980–1990 4.72% 58.6% $542
1990–2000 2.80% 31.8% $715
2000–2010 2.39% 26.6% $905
2010–2020 1.73% 18.7% $1,074
2020–2025 4.46% 24.4% $1,336

Year by year: CPI and the value of $100 from 1948

$100 from 1948 had already become $491 by 1988, on its way to $1,336 in 2025; each row shows the CPI, that year's inflation rate, and the running value. Within the span, inflation peaked at 13.5% in 1980, and prices fell 1.2% in 1949, the deepest deflation of the period.

Year CPI Inflation rate $100 from 1948
1948 24.1 8.1% $100
1953 26.7 0.8% $111
1958 28.9 2.8% $120
1963 30.6 1.3% $127
1968 34.8 4.2% $144
1973 44.4 6.2% $184
1978 65.2 7.6% $271
1983 99.6 3.2% $413
1988 118.3 4.1% $491
1993 144.5 3.0% $600
1998 163 1.6% $676
2003 184 2.3% $763
2008 215.303 3.8% $893
2013 232.957 1.5% $967
2018 251.107 2.4% $1,042
2023 304.702 4.1% $1,264
2025 321.943 2.6% $1,336

Long periods are sampled every 5 years; the calculator above covers any pair of years.

The destination year: 2025

In 2025, prices rose 2.6% and $100 from 1948 had the buying power of $1,336; the year's average CPI of 321.943 is the level behind every 2025 figure on this page.

2025 was a year of trade policy and data disruptions rather than an inflation surge. Consumer prices rose 2.6% on average, a step down from 2024’s 2.9% and well below the 8.0% of 2022. Tariffs announced in April pushed up prices for some imported goods, including furniture, apparel, and auto parts, but the effect on the overall index was smaller than many forecasters feared at the start of the year, in part because retailers absorbed some of the cost and demand for services stayed steady.

The Federal Reserve held its policy rate steady through the first half of the year, then began cutting again in September, lowering it in three quarter-point steps to 3.50–3.75% by December.

The federal government shutdown that began October 1 lasted 43 days, and the Bureau of Labor Statistics did not publish a CPI for October 2025 because the survey data could not be collected. The federal minimum wage stayed at $7.25, and a first-class stamp rose to 78 cents in July.

More about inflation in 2025 →

Cite this page

MLA: “Inflation from 1948 to 2025: $100 is worth $1,336 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1948-to-2025/

APA: InflationCalculator.com. Inflation from 1948 to 2025. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1948-to-2025/

Source: U.S. Bureau of Labor Statistics, CPI-U annual averages (series CUUR0000SA0; category indexes listed on the data sources page). See how these numbers are calculated.