According to the U.S. Bureau of Labor Statistics, prices for medical care are 5,554.23% higher in 2026 versus 1940 (a $6,887.25 difference in value).
Between 1940 and 2026:Medical care experienced an average inflation rate of 4.80% per year. This rate of change indicates significant inflation. In other words, medical care costing $124 in the year 1940 would cost $7,011.25 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 3.72% during this same period, inflation for medical care was higher.
In the year 1940: Pricing changed by -0.08%, which is significantly below the average yearly change for medical care during the 1940-2026 time period. Compared to inflation for all items in 1940 (0.72%), inflation for medical care was lower.
Below are calculations of equivalent buying power for Medical care, over time, for $124 beginning in 1940. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1940 | $124.00 | -0.08% |
| 1941 | $124.70 | 0.56% |
| 1942 | $127.99 | 2.64% |
| 1943 | $134.08 | 4.76% |
| 1944 | $138.08 | 2.98% |
| 1945 | $141.97 | 2.82% |
| 1946 | $148.66 | 4.71% |
| 1947 | $162.24 | 9.13% |
| 1948 | $172.22 | 6.15% |
| 1949 | $177.81 | 3.25% |
| 1950 | $181.11 | 1.85% |
| 1951 | $189.69 | 4.74% |
| 1952 | $200.08 | 5.47% |
| 1953 | $207.17 | 3.54% |
| 1954 | $213.56 | 3.08% |
| 1955 | $218.55 | 2.34% |
| 1956 | $226.53 | 3.65% |
| 1957 | $235.82 | 4.10% |
| 1958 | $247.10 | 4.78% |
| 1959 | $257.48 | 4.20% |
| 1960 | $266.57 | 3.53% |
| 1961 | $274.66 | 3.03% |
| 1962 | $281.95 | 2.65% |
| 1963 | $288.63 | 2.37% |
| 1964 | $294.52 | 2.04% |
| 1965 | $301.71 | 2.44% |
| 1966 | $315.09 | 4.43% |
| 1967 | $337.26 | 7.03% |
| 1968 | $357.72 | 6.07% |
| 1969 | $382.48 | 6.92% |
| 1970 | $406.74 | 6.34% |
| 1971 | $433.10 | 6.48% |
| 1972 | $447.08 | 3.23% |
| 1973 | $464.35 | 3.86% |
| 1974 | $507.58 | 9.31% |
| 1975 | $568.78 | 12.06% |
| 1976 | $622.90 | 9.51% |
| 1977 | $682.40 | 9.55% |
| 1978 | $740.01 | 8.44% |
| 1979 | $808.50 | 9.26% |
| 1980 | $897.05 | 10.95% |
| 1981 | $993.50 | 10.75% |
| 1982 | $1,108.81 | 11.61% |
| 1983 | $1,205.16 | 8.69% |
| 1984 | $1,280.24 | 6.23% |
| 1985 | $1,360.01 | 6.23% |
| 1986 | $1,462.14 | 7.51% |
| 1987 | $1,559.19 | 6.64% |
| 1988 | $1,661.02 | 6.53% |
| 1989 | $1,788.12 | 7.65% |
| 1990 | $1,950.45 | 9.08% |
| 1991 | $2,120.78 | 8.73% |
| 1992 | $2,277.13 | 7.37% |
| 1993 | $2,413.01 | 5.97% |
| 1994 | $2,528.12 | 4.77% |
| 1995 | $2,641.34 | 4.48% |
| 1996 | $2,734.29 | 3.52% |
| 1997 | $2,810.47 | 2.79% |
| 1998 | $2,900.92 | 3.22% |
| 1999 | $3,002.16 | 3.49% |
| 2000 | $3,123.96 | 4.06% |
| 2001 | $3,267.83 | 4.61% |
| 2002 | $3,421.68 | 4.71% |
| 2003 | $3,559.16 | 4.02% |
| 2004 | $3,715.61 | 4.40% |
| 2005 | $3,872.45 | 4.22% |
| 2006 | $4,027.70 | 4.01% |
| 2007 | $4,205.86 | 4.42% |
| 2008 | $4,361.74 | 3.71% |
| 2009 | $4,500.10 | 3.17% |
| 2010 | $4,653.72 | 3.41% |
| 2011 | $4,795.36 | 3.04% |
| 2012 | $4,971.07 | 3.66% |
| 2013 | $5,093.40 | 2.46% |
| 2014 | $5,215.10 | 2.39% |
| 2015 | $5,352.39 | 2.63% |
| 2016 | $5,555.14 | 3.79% |
| 2017 | $5,694.68 | 2.51% |
| 2018 | $5,807.12 | 1.97% |
| 2019 | $5,971.33 | 2.83% |
| 2020 | $6,216.48 | 4.11% |
| 2021 | $6,293.17 | 1.23% |
| 2022 | $6,548.08 | 4.05% |
| 2023 | $6,578.40 | 0.46% |
| 2024 | $6,755.20 | 2.69% |
| 2025 | $6,947.52 | 2.85% |
| 2026 | $7,011.25 | 0.92%* |
* 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:
| Year | 1935 | 1936 | 1937 | 1938 | 1939 | 1940 | 1941 | 1942 | 1943 | 1944 | 1945 | 1946 | 1947 | 1948 | 1949 | 1950 | 1951 | 1952 | 1953 | 1954 | 1955 | 1956 | 1957 | 1958 | 1959 | 1960 | 1961 | 1962 | 1963 | 1964 | 1965 | 1966 | 1967 | 1968 | 1969 | 1970 | 1971 | 1972 | 1973 | 1974 | 1975 | 1976 | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
| CPI | 10.200 | 10.200 | 10.283 | 10.300 | 10.358 | 10.350 | 10.408 | 10.683 | 11.192 | 11.525 | 11.850 | 12.408 | 13.542 | 14.375 | 14.842 | 15.117 | 15.833 | 16.700 | 17.292 | 17.825 | 18.242 | 18.908 | 19.683 | 20.625 | 21.492 | 22.250 | 22.925 | 23.533 | 24.092 | 24.583 | 25.183 | 26.300 | 28.150 | 29.858 | 31.925 | 33.950 | 36.150 | 37.317 | 38.758 | 42.367 | 47.475 | 51.992 | 56.958 | 61.767 | 67.483 | 74.875 | 82.925 | 92.550 | 100.592 | 106.858 | 113.517 | 122.042 | 130.142 | 138.642 | 149.250 | 162.800 | 177.017 | 190.067 | 201.408 | 211.017 | 220.467 | 228.225 | 234.583 | 242.133 | 250.583 | 260.750 | 272.758 | 285.600 | 297.075 | 310.133 | 323.225 | 336.183 | 351.054 | 364.065 | 375.613 | 388.436 | 400.257 | 414.924 | 425.134 | 435.292 | 446.752 | 463.675 | 475.322 | 484.707 | 498.413 | 518.875 | 525.276 | 546.553 | 549.084 | 563.841 | 579.894 | 585.213 |