# \$6,000 in 1945 → \$82,997.00 in 2018

## Inflation Calculator

\$

### U.S. Inflation Rate, 1945-2018 (\$6,000)

According to the Bureau of Labor Statistics consumer price index, the dollar experienced an average inflation rate of 3.66% per year. Prices in 2018 are 1283.3% higher than prices in 1945.

In other words, \$6,000 in the year 1945 is equivalent in purchasing power to \$82,997.00 in 2018, a difference of \$76,997.00 over 73 years.

The current inflation rate in 2018 is 1.72%1. If this number holds, \$6,000 today will be equivalent to \$6,103.07 next year.

 Cumulative price change 1283.28% Average inflation rate 3.66% Price difference (\$6,000 base) \$76,997.00 CPI in 1945 18 CPI in 2018 248.991

#### Inflation rates for specific categories

College tuition and fees · Women's apparel · Admission to sporting events · More

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

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

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 248.991 in 2018:

248.991 / 18 * \$6,000 = \$82,997.00

\$6,000 in 1945 has the same "purchasing power" as \$82,997.00 in 2018.

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.” FinanceRef Inflation Calculator, Alioth Finance, 24 Mar. 2018, http://www.in2013dollars.com/1945-dollars-in-2018?amount=6000.