U.S. inflation · 1925–1972

Value of $100 in 1925, adjusted to 1972

$100 in 1925 is worth $239 in 1972, because prices increased 138.9% over that period, an average of 1.87% a year.

$100 in 1925 has the same buying power as

$239

in 1972

$74$157$23919251937194919601972$100 · 1925$239 · 1972
Detailed inflation statistics
Cumulative price change138.9%
Average inflation rate1.87% per year
Converted amount ($100 base)$239
Price difference ($100 base)$139
CPI in 192517.5
CPI in 197241.8
Inflation in 19252.34%
Inflation in 19723.21%
$100 in 1925 → 1972$239
$100 in 1972 → 1925$41.87

What happened to prices between 1925 and 1972

Between 1925 and 1972, the Consumer Price Index went from 17.5 to 41.8. Cumulatively, prices increased 138.9%, which works out to an average of 1.87% per year. Put differently, a dollar in 1925 bought what $0.42 buys in 1972: the 1925 dollar lost 58.1% of its purchasing power over these 47 years.

Consumer prices rose 2.3% in 1925, the CPI’s largest single-year increase since the deflationary swings of the early 1920s, though still mild next to the double-digit inflation of the World War I years. The country’s cultural fault lines were on full display that summer in Dayton, Tennessee, where high school teacher John Scopes was tried July 10-21 for violating a state law against teaching evolution, a case that drew national press coverage and pitted prosecutor William Jennings Bryan against defense attorney Clarence Darrow. Real estate speculation, meanwhile, peaked in Florida, where buyers flipped undeveloped land in the Miami area on thin down payments, driving prices far above what the land itself could support; the bubble would collapse the following year. Detroit reshuffled that June too: Walter Chrysler reorganized the struggling Maxwell Motor Company into Chrysler Corporation, the start of what would become one of the American auto industry’s “Big Three.” First-class postage held at 2 cents for the sixth straight year.

More about inflation in 1925 →

Common amounts: 1925 dollars in 1972

Every 1925 amount converts to 1972 at the same ratio, 2.39: $1,000 becomes $2,389, and $10,000 becomes $23,886.

Amount in 1925Value in 1972
$1.00$2.39
$5.00$11.94
$10.00$23.89
$20.00$47.77
$50.00$119
$100$239
$500$1,194
$1,000$2,389
$5,000$11,943
$10,000$23,886
$100,000$238,857
$1,000,000$2,388,571

Inflation by spending category, 1925–1972

Between 1925 and 1972, food rose the most, up 155.2%, while apparel rose the least, up 136.9%, against 138.9% for all items. The headline number is an average; here is what $100 of 1925 spending costs in 1972, by category:

Category Avg. yearly inflation $100 in 1925 →
All items (CPI-U) 1.87% $239
Food 2.01% $255
Apparel 1.85% $237

Not shown because the BLS began these indexes after 1925: core (all items less food & energy) (1957–), energy (1957–), housing (1967–), medical care (1935–), transportation (1935–), recreation (1993–), education & communication (1993–).

Decade by decade: 1925 to 1972

Prices climbed fastest in the 1940s, averaging 5.58% a year, and fell in the 1930s (1.7% a year). Each step below chains into the full 1925–1972 change:

Years Avg. yearly inflation Price change $100 from 1925, at end
1925–1930 -0.93% -4.6% $95.43
1930–1940 -1.75% -16.2% $80.00
1940–1950 5.58% 72.1% $138
1950–1960 2.08% 22.8% $169
1960–1970 2.74% 31.1% $222
1970–1972 3.79% 7.7% $239

Year by year: CPI and the value of $100 from 1925

$100 from 1925 had already become $136 by 1949, on its way to $239 in 1972; each row shows the CPI, that year's inflation rate, and the running value. Within the span, inflation peaked at 14.4% in 1947, and prices fell 9.9% in 1932, the deepest deflation of the period.

Year CPI Inflation rate $100 from 1925
1925 17.5 2.3% $100
1927 17.4 -1.7% $99.43
1929 17.1 0.0% $97.71
1931 15.2 -9.0% $86.86
1933 13 -5.1% $74.29
1935 13.7 2.2% $78.29
1937 14.4 3.6% $82.29
1939 13.9 -1.4% $79.43
1941 14.7 5.0% $84.00
1943 17.3 6.1% $98.86
1945 18 2.3% $103
1947 22.3 14.4% $127
1949 23.8 -1.2% $136
1951 26 7.9% $149
1953 26.7 0.8% $153
1955 26.8 -0.4% $153
1957 28.1 3.3% $161
1959 29.1 0.7% $166
1961 29.9 1.0% $171
1963 30.6 1.3% $175
1965 31.5 1.6% $180
1967 33.4 3.1% $191
1969 36.7 5.5% $210
1971 40.5 4.4% $231
1972 41.8 3.2% $239

Long periods are sampled every 2 years; the calculator above covers any pair of years.

The destination year: 1972

In 1972, prices rose 3.2% and $100 from 1925 had the buying power of $239; the year's average CPI of 41.8 is the level behind every 1972 figure on this page.

Consumer prices rose just 3.2% in 1972, the calmest year of the decade and a sharp break from the previous two years. The relief was largely engineered: Nixon’s wage and price controls, imposed as a 90-day freeze in August 1971, had settled into a series of “phases” that capped how much businesses could raise prices through the election year. Economists would later argue the controls mostly deferred inflation rather than curing it, storing up pressure that broke loose once they were lifted. Nixon spent political capital on foreign policy that year, traveling to Beijing that February in the first visit by a sitting U.S. president to the People’s Republic of China, a trip that began normalizing relations Washington had frozen since 1949. Closer to home, five men were arrested breaking into the Democratic National Committee’s offices at the Watergate complex that June 17, an event that drew little attention at the time but would eventually force Nixon from office. None of it dented his re-election bid: Nixon carried 49 states against Democrat George McGovern that November, helped by an economy that, on paper, looked more stable than it had in years. A median household earned $9,697 in 1972, a new home sold for a median $27,600, and gas held near 36 cents a gallon for a third straight year. Consumer prices stood 322.2% above their 1913 level, a lull that would not survive contact with the controls’ expiration and the oil shock still to come.

More about inflation in 1972 →

Cite this page

MLA: “Inflation from 1925 to 1972: $100 is worth $239 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1925-to-1972/

APA: InflationCalculator.com. Inflation from 1925 to 1972. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1925-to-1972/

Source: U.S. Bureau of Labor Statistics, CPI-U annual averages (series CUUR0000SA0; category indexes listed on the data sources page). See how these numbers are calculated.