Prices in 1943 vs. today

Prices are now 19.4x higher than in 1943

According to the Bureau of Labor Statistics, something that cost $100 in 1943 costs about $1,936.30 today. The inflation rate in 1943 was 6.1%, and total inflation from 1943 to August 2026 was 1,836%.

The federal minimum wage was $0.30 an hour at the end of 1943, or about $5.81 an hour in today's dollars.

The S&P 500 index started 1943 at 10.09. With dividends reinvested, $100 invested in the S&P 500 in 1943 would have grown to about $1,104,210.31 by 2026, before adjusting for inflation.

Some costs rose much faster than others. Compared with overall inflation, heating oil rose the most since 1943 (218% more than inflation), and eggs rose the least (75% less).

What $100 in 1943 costs today
All prices, on average$1,936.30
Food$2,036.82
Eggs$480.67
Milk$1,091.39
Bread$3,076.01
Meat$2,437.30
Sugar and sweets$2,272.97
Rent$1,803.27
Electricity$1,079.52

Cost of living in 1943 by category

The Bureau of Labor Statistics began publishing average prices for individual items in 1980. For 1943, these comparisons use the consumer price index for each spending category: each row shows what something that cost $100 in 1943 costs in August 2026, and how that compares with overall inflation of 1,836%.

Food & drink

Category$100 in 1943 todayCompared with inflation
Food$100 in 1943 today$2,036.82Compared with inflation5% more than inflation
Eggs$100 in 1943 today$480.67Compared with inflation75% less than inflation
Milk$100 in 1943 today$1,091.39Compared with inflation44% less than inflation
Bread$100 in 1943 today$3,076.01Compared with inflation59% more than inflation
Meat$100 in 1943 today$2,437.30Compared with inflation26% more than inflation
Sugar and sweets$100 in 1943 today$2,272.97Compared with inflation17% more than inflation

Housing & energy

Category$100 in 1943 todayCompared with inflation
Rent$100 in 1943 today$1,803.27Compared with inflation7% less than inflation
Electricity$100 in 1943 today$1,079.52Compared with inflation44% less than inflation
Natural gas$100 in 1943 today$2,148.90Compared with inflation11% more than inflation
Heating oil$100 in 1943 today$6,159.91Compared with inflation218% more than inflation

Transportation

Category$100 in 1943 todayCompared with inflation
Gasoline$100 in 1943 today$2,349.64Compared with inflation21% more than inflation
Public transportation$100 in 1943 today$3,148.00Compared with inflation63% more than inflation

Other costs

Category$100 in 1943 todayCompared with inflation
Clothing$100 in 1943 today$488.11Compared with inflation75% less than inflation
Medical care$100 in 1943 today$5,293.54Compared with inflation173% more than inflation

Frequently asked questions

How much is $1 from 1943 worth today?

$1 in 1943 has about the same buying power as $19.36 today, according to the Bureau of Labor Statistics consumer price index.

What was the inflation rate in 1943?

The U.S. inflation rate in 1943 was 6.1%, measured as the change in the consumer price index from 1942 to 1943.

What was the minimum wage in 1943?

The federal minimum wage at the end of 1943 was $0.30 an hour, or about $5.81 an hour in today's dollars.

Which costs rose the most since 1943?

Of the spending categories tracked since 1943, heating oil rose the most relative to overall inflation: something that cost $100 in 1943 costs about $6159.91 today. Eggs rose the least, to about $480.67.


Where these numbers come from

Category comparisons use the Bureau of Labor Statistics consumer price index for each category, from the 1943 annual average to August 2026. Overall inflation uses the same consumer price index as our 1943 inflation calculator. The federal minimum wage is from the U.S. Department of Labor, via the Federal Reserve Bank of St. Louis. S&P 500 values are from Robert Shiller's historical stock market data.


Prices in other years


Ian Webster

About the author

Ian Webster is an engineer and data expert based in San Mateo, California. He has worked for Google, NASA, and consulted for governments around the world on data pipelines and data analysis. Disappointed by the lack of clear resources on the impacts of inflation on economic indicators, Ian believes this website serves as a valuable public tool. Ian earned his degree in Computer Science from Dartmouth College.

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What $100 in 1943 costs today
All prices, on average$1,936.30
Food$2,036.82
Eggs$480.67
Milk$1,091.39
Bread$3,076.01
Meat$2,437.30
Sugar and sweets$2,272.97
Rent$1,803.27
Electricity$1,079.52