U.S. inflation · 1926–1936

Value of $100 in 1926, adjusted to 1936

$100 in 1926 is worth $78.53 in 1936, because prices declined 21.5% over that period, an average of 2.39% a year.

$100 in 1926 has the same buying power as

$78.53

in 1936

$73$87$10019261929193119341936$100 · 1926$79 · 1936
Detailed inflation statistics
Cumulative price change-21.5%
Average inflation rate-2.39% per year
Converted amount ($100 base)$78.53
Price difference ($100 base)-$21.47
CPI in 192617.7
CPI in 193613.9
Inflation in 19261.14%
Inflation in 19361.46%
$100 in 1926 → 1936$78.53
$100 in 1936 → 1926$127

What happened to prices between 1926 and 1936

Between 1926 and 1936, the Consumer Price Index went from 17.7 to 13.9. Cumulatively, prices declined 21.5%, which works out to an average of -2.39% per year. Put differently, a dollar in 1926 bought what $1.27 buys in 1936: the 1926 dollar gained 27.3% in purchasing power over these 10 years.

Consumer prices rose 1.1% in 1926, a third straight year of mild inflation and part of the price stability that defined the middle of the decade. Florida’s real estate boom, which had peaked the previous year on speculative buying of undeveloped land, ended abruptly that September when the Great Miami Hurricane made landfall near the city, killing hundreds and wrecking the market for land whose value had rested on continued speculation rather than anything underneath it. In Detroit, Henry Ford moved his company to a five-day, 40-hour work week without cutting pay, a break from the standard six-day schedule that other large employers would gradually adopt over the following decades; Ford argued publicly that workers with more leisure time would also become better customers for the cars his factories built. Consumer prices remained low enough by historical standards that a first-class stamp still cost just 2 cents, the same price it had held since mid-1919.

More about inflation in 1926 →

Common amounts: 1926 dollars in 1936

Every 1926 amount converts to 1936 at the same ratio, 0.79: $1,000 becomes $785, and $10,000 becomes $7,853.

Amount in 1926Value in 1936
$1.00$0.79
$5.00$3.93
$10.00$7.85
$20.00$15.71
$50.00$39.27
$100$78.53
$500$393
$1,000$785
$5,000$3,927
$10,000$7,853
$100,000$78,531
$1,000,000$785,311

Inflation by spending category, 1926–1936

Every category fell between 1926 and 1936: food the most, down 25.9%, and apparel the least, down 18.9%. The headline number is an average; here is what $100 of 1926 spending costs in 1936, by category:

Category Avg. yearly inflation $100 in 1926 →
All items (CPI-U) -2.39% $78.53
Apparel -2.08% $81.08
Food -2.95% $74.12

Not shown because the BLS began these indexes after 1926: core (all items less food & energy) (1957–), energy (1957–), housing (1967–), medical care (1935–), transportation (1935–), recreation (1993–), education & communication (1993–).

Decade by decade: 1926 to 1936

Prices fell throughout this span: most slowly in the 1920s (1.4% a year) and fastest in the 1930s (3.0% a year). Each step below chains into the full 1926–1936 change:

Years Avg. yearly inflation Price change $100 from 1926, at end
1926–1930 -1.44% -5.6% $94.35
1930–1936 -3.01% -16.8% $78.53

Year by year: CPI and the value of $100 from 1926

$100 from 1926 had already become $85.88 by 1931, on its way to $78.53 in 1936; each row shows the CPI, that year's inflation rate, and the running value. Within the span, inflation peaked at 3.1% in 1934, and prices fell 9.9% in 1932, the deepest deflation of the period.

Year CPI Inflation rate $100 from 1926
1926 17.7 1.1% $100
1927 17.4 -1.7% $98.31
1928 17.1 -1.7% $96.61
1929 17.1 0.0% $96.61
1930 16.7 -2.3% $94.35
1931 15.2 -9.0% $85.88
1932 13.7 -9.9% $77.40
1933 13 -5.1% $73.45
1934 13.4 3.1% $75.71
1935 13.7 2.2% $77.40
1936 13.9 1.5% $78.53

The destination year: 1936

In 1936, prices rose 1.5% and $100 from 1926 had the buying power of $78.53; the year's average CPI of 13.9 is the level behind every 1936 figure on this page.

Consumer prices rose 1.5% in 1936, a third straight annual increase and part of a slow, steady climb back from the 1933 trough, though prices and the broader economy still had not fully recovered to their pre-Depression levels. Voters delivered their verdict on that recovery in November, reelecting Franklin D. Roosevelt over Republican Alf Landon in one of the most lopsided elections in U.S. history: Roosevelt carried 46 of 48 states and won the Electoral College 523 to 8, a broad public endorsement of the New Deal. Public works kept advancing that year, too. Hoover Dam, one of the era’s signature projects, had been dedicated in September 1935, but its first generators did not begin sending electricity over transmission lines to Los Angeles until October 1936, a milestone that showed how long even a celebrated project took to reach full operation. Consumer prices ended the year 40.4% above their 1913 level, still 18.7% below the 1929 peak, a gap that would keep narrowing until a sharp new recession interrupted the recovery the following year. First-class postage held at 3 cents.

More about inflation in 1936 →

Cite this page

MLA: “Inflation from 1926 to 1936: $100 is worth $78.53 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1926-to-1936/

APA: InflationCalculator.com. Inflation from 1926 to 1936. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1926-to-1936/

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.