Tuesday, March 24, 2015

How much was 3 million dollars worth in 1942?

How much was 3 million dollars worth in 1942?
Based on the Consumer Price Index for All Urban Consumers (CPI-U) for all items on U.S. city average of the U.S. Department of Labor (Bureau of Labor Statistics), using the annual average index for 1942 and the average up to September of 2011 we would have:
$3,000,000 in 2011 = $217,769 in 1942
$3,000,000 in 1942 = $41,328,159 in 2011

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