What is $100 in 1927 worth in 1928?

$100 in 1927 has the purchasing power of about $98.28 in 1928, based on the Consumer Price Index (CPI-U).

What was the average inflation rate between 1927 and 1928?

Prices fell 1.7% in total between 1927 and 1928, an average of -1.72% per year.

How much is $1 in 1927 worth today?

$1 in 1927 is equivalent to about $0.98 in 1928. Equivalently, a 1928 dollar buys what $1.02 bought in 1927.

U.S. inflation · 1927–1928

Value of $100 in 1927, adjusted to 1928

Amount From year To year

$100 in 1927 has the same buying power as

$98.28

in 1928

Detailed inflation statistics
Cumulative price change	-1.7%
Average inflation rate	-1.72% per year
Converted amount ($100 base)	$98.28
Price difference ($100 base)	-$1.72
CPI in 1927	17.4
CPI in 1928	17.1
Inflation in 1927	-1.69%
Inflation in 1928	-1.72%
$100 in 1927 → 1928	$98.28
$100 in 1928 → 1927	$102

What happened to prices between 1927 and 1928

Between 1927 and 1928, the Consumer Price Index went from 17.4 to 17.1. Cumulatively, prices declined 1.7%, which works out to an average of -1.72% per year. Put differently, a dollar in 1927 bought what $1.02 buys in 1928.

Common amounts: 1927 dollars in 1928

Amount in 1927	Value in 1928
$1.00	$0.98
$5.00	$4.91
$10.00	$9.83
$20.00	$19.66
$50.00	$49.14
$100	$98.28
$500	$491
$1,000	$983
$5,000	$4,914
$10,000	$9,828
$100,000	$98,276
$1,000,000	$982,759

Inflation by spending category, 1927–1928

The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 1927 spending costs in 1928, by category:

Category	Avg. yearly inflation	$100 in 1927 →
All items (CPI-U)	-1.72%	$98.28
Food	-0.61%	$99.39
Apparel	-1.19%	$98.81

Not shown because the BLS began these indexes after 1927: core (all items less food & energy) (1957–), energy (1957–), housing (1967–), medical care (1935–), transportation (1935–), recreation (1993–), education & communication (1993–).

Year by year: CPI and the value of $100 from 1927

Year	CPI	Inflation rate	$100 from 1927
1927	17.4	-1.7%	$100
1928	17.1	-1.7%	$98.28

Cite this page

MLA: “Inflation from 1927 to 1928: $100 is worth $98.28 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1927-to-1928/

APA: InflationCalculator.com. Inflation from 1927 to 1928. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1927-to-1928/

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.