Historical CPI · 1942

CPI-U in 1942

The U.S. Consumer Price Index for All Urban Consumers (CPI-U) averaged 16.3 in 1942 (1982–84 = 100), 10.9% above the 1941 average. From December 1941 to December 1942, prices rose 9.0%. Prices in August 2026 were 20.55 times their 1942 level.

Annual average
16.3
Inflation (annual avg)
+10.9%
Dec–Dec inflation
+9.0%
$100 in 1942 today
$2,055.09
Monthly data

Monthly CPI-U index values, 1942

The highest monthly index in 1942 was 16.9 (December), the lowest 15.7 (January). The 12-month inflation rate ranged from +9.0% in December to +13.2% in May. Historical context — World War II price controls (1942–1945): Office of Price Administration controls held measured inflation down.

MonthCPI-U indexChange from prior month12-month change
January 194215.7+1.3%+11.3%
February 194215.8+0.6%+12.1%
March 194216.0+1.3%+12.7%
April 194216.1+0.6%+12.6%
May 194216.3+1.2%+13.2%
June 194216.30.0%+10.9%
July 194216.4+0.6%+11.6%
August 194216.5+0.6%+10.7%
September 194216.50.0%+9.3%
October 194216.7+1.2%+9.2%
November 194216.8+0.6%+9.1%
December 194216.9+0.6%+9.0%

CPI-U, U.S. city average, all items, not seasonally adjusted, 1982–84 = 100 (BLS series CUUR0000SA0). Before 2007 the BLS published the index to one decimal place. Annual average 16.3 as published by the BLS.

Decade

CPI by year, 1940s

YearAnnual average CPI-UInflation rate
194014.0+0.7%
194114.7+5.0%
194216.3+10.9%
194317.3+6.1%
194417.6+1.7%
194518.0+2.3%
194619.5+8.3%
194722.3+14.4%
194824.1+8.1%
194923.8−1.2%
FAQ

CPI 1942: common questions

What was the CPI in 1942?

The CPI-U annual average for 1942 was 16.3 on the 1982–84 = 100 base. Monthly values ranged from 15.7 to 16.9.

What was the inflation rate in 1942?

Measured by annual averages, consumer prices rose 10.9% in 1942; December to December the change was +9.0%.

How much is $100 from 1942 worth today?

About $2,055.09 in August 2026 prices, based on the change in CPI-U. Use the inflation calculator for other amounts.