Consumer price index from 1940 through 2019

Image courtesy of Adobe Stock.

For an indicator of the changes in prices from the World War 2 era through today I pulled CPI information from the Bureau of Labor Statistics.

This info will roll into my comments on the probate document for my grandfather’s estate.

It is also useful for general information.

The furthest into the table I can link is here: https://data.bls.gov/cgi-bin/surveymost?cu

The data is the CPI for All Urban Consumers (CPI-U) from 1940 through 2019 from Series Id: CUUR0000SA0.

Select data:

Year Jan Jul Oct
1940      13.9        14.0        14.0
1941      14.1        14.7        15.3
1945      17.8        18.1        18.1
1946      18.2        19.8        20.8
1950      23.5        24.1        24.6
1960      29.3        29.6        29.8
1970      37.8        39.0        39.4
1980      77.8        82.7        84.8
1990    127.4      130.4      133.5
2000    168.8      172.8      174.0
2010    216.7      218.0      218.7
2019    251.7      256.6      257.3

 

For my future reference, that shows inflation on an nationwide basis for urban consumers calculated as follows:

CPI index July 1946        19.8
CPI index October 2019      257.3
ratio    12.997
rounded    13.000

 

The inflation was 1200% in that time frame, which means a basket of stuff costing $1.00 in July 1946 would have cost $13.00 in October 2019.

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