# \$6,000 in 1945 → \$83,863.33 in 2018

## Inflation Calculator

\$

### U.S. Inflation Rate, \$6,000 in 1945 to 2018

According to the Bureau of Labor Statistics consumer price index, the dollar experienced an average inflation rate of 3.68% per year. Prices in 2018 are 1297.7% higher than prices in 1945.

In other words, \$6,000 in 1945 is equivalent in purchasing power to \$83,863.33 in 2018, a difference of \$77,863.33 over 73 years.

The current inflation rate is now 2.80%1. If this number holds, \$6,000 today will be equivalent to \$6,168.06 next year. The current inflation rate page gives more detail on the latest official inflation rates.

 Cumulative price change 1297.72% Average inflation rate 3.68% Converted amount (\$6,000 base) \$83,863.33 Price difference (\$6,000 base) \$77,863.33 CPI in 1945 18 CPI in 2018 251.59

#### Inflation rates for specific categories

Medical care · Admission to sporting events · Wine at home · More

S&P 500 price · S&P 500 earnings · Shiller P/E

### How to calculate the inflation rate for \$6,000 since 1945

This inflation calculator uses the following inflation rate formula:

CPI in 2018 / CPI in 1945 * 1945 USD value = 2018 USD value

Then plug in historical CPI values. The U.S. CPI was 18 in the year 1945 and 251.59 in 2018:

251.59 / 18 * \$6,000 = \$83,863.33

\$6,000 in 1945 has the same "purchasing power" or "buying power" as \$83,863.33 in 2018.

Here are calculations of buying power over time for \$6,000 in 1945 (price index tracking began in 1913). Each of these USD amounts below is equivalent in terms of what it could buy at the time:
Year USD Value Inflation Rate
1945 \$6,000.00 2.27%
1946 \$6,500.00 8.33%
1947 \$7,433.33 14.36%
1948 \$8,033.33 8.07%
1949 \$7,933.33 -1.24%
1950 \$8,033.33 1.26%
1951 \$8,666.67 7.88%
1952 \$8,833.33 1.92%
1953 \$8,900.00 0.75%
1954 \$8,966.67 0.75%
1955 \$8,933.33 -0.37%
1956 \$9,066.67 1.49%
1957 \$9,366.67 3.31%
1958 \$9,633.33 2.85%
1959 \$9,700.00 0.69%
1960 \$9,866.67 1.72%
1961 \$9,966.67 1.01%
1962 \$10,066.67 1.00%
1963 \$10,200.00 1.32%
1964 \$10,333.33 1.31%
1965 \$10,500.00 1.61%
1966 \$10,800.00 2.86%
1967 \$11,133.33 3.09%
1968 \$11,600.00 4.19%
1969 \$12,233.33 5.46%
1970 \$12,933.33 5.72%
1971 \$13,500.00 4.38%
1972 \$13,933.33 3.21%
1973 \$14,800.00 6.22%
1974 \$16,433.33 11.04%
1975 \$17,933.33 9.13%
1976 \$18,966.67 5.76%
1977 \$20,200.00 6.50%
1978 \$21,733.33 7.59%
1979 \$24,200.00 11.35%
1980 \$27,466.67 13.50%
1981 \$30,300.00 10.32%
1982 \$32,166.67 6.16%
1983 \$33,200.00 3.21%
1984 \$34,633.33 4.32%
1985 \$35,866.67 3.56%
1986 \$36,533.33 1.86%
1987 \$37,866.67 3.65%
1988 \$39,433.33 4.14%
1989 \$41,333.33 4.82%
1990 \$43,566.67 5.40%
1991 \$45,400.00 4.21%
1992 \$46,766.67 3.01%
1993 \$48,166.67 2.99%
1994 \$49,400.00 2.56%
1995 \$50,800.00 2.83%
1996 \$52,300.00 2.95%
1997 \$53,500.00 2.29%
1998 \$54,333.33 1.56%
1999 \$55,533.33 2.21%
2000 \$57,400.00 3.36%
2001 \$59,033.33 2.85%
2002 \$59,966.67 1.58%
2003 \$61,333.33 2.28%
2004 \$62,966.67 2.66%
2005 \$65,100.00 3.39%
2006 \$67,200.00 3.23%
2007 \$69,114.00 2.85%
2008 \$71,767.67 3.84%
2009 \$71,512.33 -0.36%
2010 \$72,685.33 1.64%
2011 \$74,979.67 3.16%
2012 \$76,531.33 2.07%
2013 \$77,652.33 1.46%
2014 \$78,912.00 1.62%
2015 \$79,005.67 0.12%
2016 \$80,002.33 1.26%
2017 \$81,595.33 1.99%
2018 \$83,863.33 2.78%*
* Not final. See inflation summary for latest details.

Politics and news often influence economic performance. Here's what was happening at the time:

• The USSR captures Budapest from Germany in a battle that kills 159,000 people.
• The US Fleet captures Iwo Jima.
• 1,500 US Navy ships bomb Okinawa: the operation is believed to be the largest of World War II
• Iwo Jima is occupied by America, costing 6,000 American lives and a further 18,000 Japanese lives.
• Buchenwald, the first Nazi concentration camp, is liberated.

### Inflation Data Source

Raw data for these calculations comes from the Bureau of Labor Statistics' (CPI), established in 1913. Inflation data from 1665 to 1912 is sourced from a historical study conducted by political science professor Robert Sahr at Oregon State University.

You may use the following MLA citation for this page: “\$6,000 in 1945 → 2018 | Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 17 Jun. 2018, https://www.officialdata.org/1945-dollars-in-2018?amount=6000.