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What was a dollar worth in the 1940s?

One dollar in the 1940s bought about what $13.40 to $22.98 bought in 2025, depending on the year.

The table compares consumer prices only: what an amount from a will, an inventory, a land sale or a pension from the 1940s would buy in 2025. It does not compare wages, land values or how rich someone was.

Year$1 then, in 2025 dollars$100 then, in 2025 dollars
1940$22.98$2,298
1941$21.89$2,189
1942$19.70$1,970
1943$18.61$1,861
1944$18.29$1,829
1945$17.88$1,788
1946$16.51$1,651
1947$14.42$1,442
1948$13.40$1,340
1949$13.53$1,353

Source: Federal Reserve Bank of Minneapolis, Consumer Price Index 1800 onward (annual averages).

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