Medical care services priced at $100 in 1940 $100.24 in 1941

Medical Care Services Inflation Calculator

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Prices for Medical Care Services, 1940-1941 ($100)

According to the U.S. Bureau of Labor Statistics, prices for medical care services were 0.24% higher in 1941 versus 1940 (a $0.24 difference in value).

Between 1940 and 1941: Medical care services experienced an average inflation rate of 0.24% per year. In other words, medical care services costing $100 in the year 1940 would cost $100.24 in 1941 for an equivalent purchase. Compared to the overall inflation rate of 5.11% during this same period, inflation for medical care services was significantly lower.

In the year 1940: Pricing changed by 0.24%, which is above the average yearly change for medical care services during the 1940-1941 time period. Compared to inflation for all items in 1940 (0.72%), inflation for medical care services was lower.

Price Inflation for Medical care services since 1935

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1975 (12.60%), 1982 (11.86%), and 1980 (11.28%).

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Buying power of $100.00 since 1940

Below are calculations of equivalent buying power for Medical care services, over time, for $100 beginning in 1940. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1940$100.000.24%
1941$100.240.24%
1942$103.062.82%
1943$108.715.48%
1944$113.184.11%
1945$116.242.70%
1946$123.296.07%
1947$133.888.59%
1948$142.826.68%
1949$147.533.29%
1950$151.062.39%
1951$158.594.98%
1952$168.946.53%
1953$174.593.34%
1954$179.762.96%
1955$185.413.14%
1956$191.953.52%
1957$200.184.29%
1958$210.144.97%
1959$220.274.82%
1960$229.324.11%
1961$237.743.67%
1962$245.613.31%
1963$252.852.95%
1964$259.002.43%
1965$267.063.11%
1966$281.455.39%
1967$305.978.71%
1968$328.517.36%
1969$355.028.07%
1970$380.277.11%
1971$407.967.28%
1972$422.813.64%
1973$441.634.45%
1974$486.7910.23%
1975$548.1412.60%
1976$603.0810.02%
1977$662.999.93%
1978$720.368.65%
1979$790.419.72%
1980$879.5511.28%
1981$973.8510.72%
1982$1,089.3211.86%
1983$1,184.438.73%
1984$1,255.666.01%
1985$1,331.496.04%
1986$1,434.217.71%
1987$1,528.876.60%
1988$1,627.516.45%
1989$1,751.677.63%
1990$1,913.859.26%
1991$2,083.358.86%
1992$2,241.457.59%
1993$2,387.246.50%
1994$2,510.775.17%
1995$2,637.475.05%
1996$2,734.213.67%
1997$2,812.672.87%
1998$2,903.533.23%
1999$3,000.723.35%
2000$3,129.594.29%
2001$3,279.554.79%
2002$3,445.705.07%
2003$3,599.644.47%
2004$3,780.365.02%
2005$3,960.904.78%
2006$4,124.894.14%
2007$4,344.735.33%
2008$4,528.744.24%
2009$4,674.113.21%
2010$4,837.743.50%
2011$4,986.003.06%
2012$5,180.493.90%
2013$5,341.263.10%
2014$5,468.212.38%
2015$5,602.012.45%
2016$5,820.773.91%
2017$5,962.402.43%
2018$6,091.832.17%
2019$6,307.563.54%
2020$6,619.414.94%
2021$6,742.311.86%
2022$7,031.884.29%
2023$7,007.49-0.35%
2024$7,120.111.61%*

* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.


Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Medical care services:

Year193519361937193819391940194119421943194419451946194719481949195019511952195319541955195619571958195919601961196219631964196519661967196819691970197119721973197419751976197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI8.2758.3178.4008.4008.4808.5008.5208.7609.2409.6209.88010.48011.38012.14012.54012.84013.48014.36014.84015.28015.76016.31517.01517.86218.72319.49220.20820.87721.49222.01522.70023.92326.00827.92330.17732.32334.67735.93837.53841.37746.59251.26256.35461.23167.18574.76282.77792.592100.677106.731113.177121.908129.954138.338148.892162.677177.085190.523202.915213.415224.185232.408239.077246.800255.062266.015278.762292.885305.969321.331336.677350.615369.302384.943397.299411.208423.810440.341454.007464.798476.171494.766506.804517.805536.142562.650573.096597.710595.636605.209

Adjust medical care services prices for inflation

Start with the inflation rate formula:

CPI in 1941 / CPI in 1940 * 1940 USD value = 1941 USD value

Then plug in historical CPI values from above. The CPI for Medical care services was 8.500 in the year 1940 and 8.520 in 1941:

8.520 / 8.500 * $100 = $100.24

Therefore, according to U.S. Bureau of Labor Statistics, $100 in 1940 has the same "purchasing power" as $100.24 in 1941 (in the CPI category of Medical care services).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Medical care services in 1935. In addition to medical care services, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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