According to the U.S. Bureau of Labor Statistics, prices for medical care are 5,554.23% higher in 2026 versus 1940 (a $497,212,227.77 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 $8,951,953 in the year 1940 would cost $506,164,180.77 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 $8,951,953 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 | $8,951,953.00 | -0.08% |
| 1941 | $9,002,406.84 | 0.56% |
| 1942 | $9,240,260.67 | 2.64% |
| 1943 | $9,679,929.85 | 4.76% |
| 1944 | $9,968,237.52 | 2.98% |
| 1945 | $10,249,337.49 | 2.82% |
| 1946 | $10,732,252.83 | 4.71% |
| 1947 | $11,712,498.89 | 9.13% |
| 1948 | $12,433,268.06 | 6.15% |
| 1949 | $12,836,898.79 | 3.25% |
| 1950 | $13,074,752.61 | 1.85% |
| 1951 | $13,694,614.09 | 4.74% |
| 1952 | $14,444,214.02 | 5.47% |
| 1953 | $14,955,960.12 | 3.54% |
| 1954 | $15,417,252.39 | 3.08% |
| 1955 | $15,777,636.97 | 2.34% |
| 1956 | $16,354,252.30 | 3.65% |
| 1957 | $17,024,567.62 | 4.10% |
| 1958 | $17,839,036.78 | 4.78% |
| 1959 | $18,588,636.70 | 4.20% |
| 1960 | $19,244,536.64 | 3.53% |
| 1961 | $19,828,359.66 | 3.03% |
| 1962 | $20,354,521.15 | 2.65% |
| 1963 | $20,837,436.49 | 2.37% |
| 1964 | $21,262,690.30 | 2.04% |
| 1965 | $21,781,644.10 | 2.44% |
| 1966 | $22,747,474.77 | 4.43% |
| 1967 | $24,347,582.31 | 7.03% |
| 1968 | $25,825,159.10 | 6.07% |
| 1969 | $27,612,666.62 | 6.92% |
| 1970 | $29,364,135.69 | 6.34% |
| 1971 | $31,266,966.28 | 6.48% |
| 1972 | $32,276,043.10 | 3.23% |
| 1973 | $33,522,973.75 | 3.86% |
| 1974 | $36,643,904.23 | 9.31% |
| 1975 | $41,062,219.20 | 12.06% |
| 1976 | $44,968,788.06 | 9.51% |
| 1977 | $49,264,572.27 | 9.55% |
| 1978 | $53,423,410.33 | 8.44% |
| 1979 | $58,367,886.79 | 9.26% |
| 1980 | $64,761,109.26 | 10.95% |
| 1981 | $71,723,739.37 | 10.75% |
| 1982 | $80,048,623.20 | 11.61% |
| 1983 | $87,004,045.62 | 8.69% |
| 1984 | $92,424,229.73 | 6.23% |
| 1985 | $98,183,175.33 | 6.23% |
| 1986 | $105,556,643.87 | 7.51% |
| 1987 | $112,562,520.13 | 6.64% |
| 1988 | $119,914,365.59 | 6.53% |
| 1989 | $129,089,757.03 | 7.65% |
| 1990 | $140,809,463.61 | 9.08% |
| 1991 | $153,105,785.53 | 8.73% |
| 1992 | $164,393,030.62 | 7.37% |
| 1993 | $174,202,698.92 | 5.97% |
| 1994 | $182,513,167.36 | 4.77% |
| 1995 | $190,686,689.67 | 4.48% |
| 1996 | $197,397,050.57 | 3.52% |
| 1997 | $202,896,519.28 | 2.79% |
| 1998 | $209,426,687.90 | 3.22% |
| 1999 | $216,735,287.21 | 3.49% |
| 2000 | $225,528,670.99 | 4.06% |
| 2001 | $235,914,954.62 | 4.61% |
| 2002 | $247,022,007.42 | 4.71% |
| 2003 | $256,946,998.79 | 4.02% |
| 2004 | $268,241,451.57 | 4.40% |
| 2005 | $279,564,735.11 | 4.22% |
| 2006 | $290,772,695.59 | 4.01% |
| 2007 | $303,634,316.76 | 4.42% |
| 2008 | $314,888,046.08 | 3.71% |
| 2009 | $324,876,537.22 | 3.17% |
| 2010 | $335,966,940.24 | 3.41% |
| 2011 | $346,191,915.74 | 3.04% |
| 2012 | $358,877,236.77 | 3.66% |
| 2013 | $367,708,605.09 | 2.46% |
| 2014 | $376,494,276.64 | 2.39% |
| 2015 | $386,406,150.01 | 2.63% |
| 2016 | $401,042,881.48 | 3.79% |
| 2017 | $411,116,783.76 | 2.51% |
| 2018 | $419,234,230.22 | 1.97% |
| 2019 | $431,089,153.10 | 2.83% |
| 2020 | $448,787,351.58 | 4.11% |
| 2021 | $454,323,651.60 | 1.23% |
| 2022 | $472,726,690.24 | 4.05% |
| 2023 | $474,915,666.19 | 0.46% |
| 2024 | $487,679,046.52 | 2.69% |
| 2025 | $501,563,655.36 | 2.85% |
| 2026 | $506,164,180.77 | 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 |