Inflation & buying power

What is 1940 dollars worth today?

$1 in 1940 has the same buying power as about $23.92 today (May 2026). Cumulative inflation since 1940 is about 2292%, or roughly 3.8% per year over 86 years.

What 1940 money is worth today

In 1940Worth today (May 2026)
$10.00 $239.24
$100.00 $2,392
$1,000 $23,924
$10,000 $239,237
$100,000 $2,392,369

Based on the U.S. Consumer Price Index (CPI-U). A 1940 dollar is worth about $23.92 now.

What this means

A dollar in 1940 — during the World War II years — stretched a lot further than it does now. To match that same buying power today you'd need about $23.92, because everyday prices have climbed about 2292% in the 86 years since.

Put another way, today's dollar buys what about $0.04 bought in 1940.

The inflation behind the number

  • Total inflation since 1940: about 2292%.
  • Average annual inflation: about 3.8% per year.
  • Time span: 86 years (1940 → 2026).
  • Source: CPI-U (CPIAUCNS), U.S. Bureau of Labor Statistics via FRED.

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Frequently asked questions

How much is $1 from 1940 worth today?

$1 in 1940 has the same buying power as about $23.92 in May 2026, because prices have risen roughly 2292% since then (an average of about 3.8% a year).

How much has inflation been since 1940?

Cumulative inflation from 1940 to May 2026 is about 2292%. In other words, something that cost $100 in 1940 costs about $2,392 now.

Where does this data come from?

It uses the U.S. Consumer Price Index for All Urban Consumers (CPI-U, series CPIAUCNS) published by the U.S. Bureau of Labor Statistics via FRED, using annual-average CPI for past years and the latest monthly value for today.