U.S. inflation · 1925–1974

Value of $100 in 1925, adjusted to 1974

$100 in 1925 is worth $282 in 1974, because prices increased 181.7% over that period, an average of 2.14% a year.

$100 in 1925 has the same buying power as

$282

in 1974

$74$178$28219251937195019621974$100 · 1925$282 · 1974
Detailed inflation statistics
Cumulative price change181.7%
Average inflation rate2.14% per year
Converted amount ($100 base)$282
Price difference ($100 base)$182
CPI in 192517.5
CPI in 197449.3
Inflation in 19252.34%
Inflation in 197411.04%
$100 in 1925 → 1974$282
$100 in 1974 → 1925$35.50

What happened to prices between 1925 and 1974

Between 1925 and 1974, the Consumer Price Index went from 17.5 to 49.3. Cumulatively, prices increased 181.7%, which works out to an average of 2.14% per year. Put differently, a dollar in 1925 bought what $0.35 buys in 1974: the 1925 dollar lost 64.5% of its purchasing power over these 49 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 1974

Every 1925 amount converts to 1974 at the same ratio, 2.82: $1,000 becomes $2,817, and $10,000 becomes $28,171.

Amount in 1925Value in 1974
$1.00$2.82
$5.00$14.09
$10.00$28.17
$20.00$56.34
$50.00$141
$100$282
$500$1,409
$1,000$2,817
$5,000$14,086
$10,000$28,171
$100,000$281,714
$1,000,000$2,817,143

Inflation by spending category, 1925–1974

Between 1925 and 1974, food rose the most, up 233.9%, while apparel rose the least, up 163.9%, against 181.7% for all items. The headline number is an average; here is what $100 of 1925 spending costs in 1974, by category:

Category Avg. yearly inflation $100 in 1925 →
All items (CPI-U) 2.14% $282
Food 2.49% $334
Apparel 2.00% $264

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 1974

Prices climbed fastest in the 1970s, averaging 6.17% a year, and fell in the 1930s (1.7% a year). Each step below chains into the full 1925–1974 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
1970–1974 6.17% 27.1% $282

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

$100 from 1925 had already become $136 by 1949, on its way to $282 in 1974; 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
1973 44.4 6.2% $254
1974 49.3 11.0% $282

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

The destination year: 1974

In 1974, prices rose 11.0% and $100 from 1925 had the buying power of $282; the year's average CPI of 49.3 is the level behind every 1974 figure on this page.

1974 was the year the postwar economy broke its old rules. Consumer prices rose 11.0%, the fastest annual increase since 1947, as the Arab oil embargo that ran from October 1973 to March 1974 roughly quadrupled the price of crude oil worldwide. Gasoline, which had averaged 38.5 cents a gallon in 1973, jumped to 53.2 cents, and shortages forced many states into odd-even rationing at the pump. Nixon’s wage and price controls, in place in some form since 1971, expired at the end of April, removing the last brake on prices just as the oil shock hit. Nixon himself resigned in August over Watergate, and Gerald Ford’s response to inflation, a voluntary “Whip Inflation Now” campaign built around lapel buttons, became a symbol of how little conventional politics could do against the problem. Prices kept climbing even as the economy weakened: a recession that started in November 1973 dragged on, the Dow fell to a bear-market bottom of 577.60 in December, and unemployment was already rising toward the 9% it would reach in 1975. The combination of rising prices and a shrinking economy gave the decade its name: stagflation.

More about inflation in 1974 →

Cite this page

MLA: “Inflation from 1925 to 1974: $100 is worth $282 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1925-to-1974/

APA: InflationCalculator.com. Inflation from 1925 to 1974. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1925-to-1974/

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.