$1 in 1946 is worth $18.41 today

A dollar in January 1946 had the same buying power as $18.41 in Aug 2026. Prices have risen 1741% since then. Change the amount or the months below.

US CPI data through Aug 2026, updated monthly. How we calculate
From
To

$1 in Jan 1946 is worth, in Aug 2026

$18.41

Prices rose 1740.5% in total, about 3.68% a year. Cash kept under the mattress since Jan 1946 now buys only 5% of what it used to.

1740.5%Total inflation
3.68%Average per year
5%Buying power left in cash
$0$5$10$15$20Jan 1946Sep 1956May 1967Jan 1978Sep 1988May 1999Jan 2010Sep 2020Aug 2026
Cost of what $1 bought in Jan 1946

US Consumer Price Index (CPI-U, all items, not seasonally adjusted), Bureau of Labor Statistics. Data through Aug 2026. Oct 2025 was not published and is estimated from the months around it.

What $1 from 1946 is worth now

$18.41Same buying power today
1741%Price rise since 1946
3.7%Average inflation a year
5.4%Buying power left in cash

Prices in the US have risen 1741% since 1946, so it takes $18.41 today to buy what $1 bought then. Put the other way, $1 kept in cash since 1946 now buys only 5.4% of what it did.

That is an average of 3.7% a year over 81 years. Inflation was mostly low in the 1950s and early 1960s, before speeding up later in the decade.

For contrast, $1 put into the S&P 500 in January 1946, with dividends reinvested, would be worth about $5,448 today, 296× what inflation alone requires. Cash loses buying power; invested money has historically outgrown it.

$1 from 1946 in later years
YearSame buying power
1946$1.00
1950$1.29
1960$1.61
1970$2.08
1980$4.27
1990$7.00
2000$9.27
2010$11.91
2020$14.17
Aug 2026$18.41

CPI in January of each year; the last row uses the latest month.

Other years

Common questions

How much is $1 from 1946 worth today?

About $18.41 in Aug 2026 dollars, based on the US Consumer Price Index (CPI-U) from January 1946.

How much have prices gone up since 1946?

1741% in total, or about 3.7% a year on average.

What would $1 in 1946 buy today?

It buys about 5.4% of what it bought in 1946. You would need $18.41 to buy the same things.

How is this calculated?

Today's value = $1 × (latest CPI ÷ CPI in January 1946). CPI is the Bureau of Labor Statistics measure of the prices US households pay.

Based on the US Consumer Price Index for All Urban Consumers (CPI-U), all items, from the Bureau of Labor Statistics. Individual prices, such as homes, college or healthcare, rose faster or slower than the average.

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