Between 1927 and 1953, the Consumer Price Index went from 17.4 to 26.7.
Cumulatively, prices increased 53.4%, which works out to an average of
1.66% per year. Put differently, a dollar in 1927 bought what
$0.65 buys in 1953.
Common amounts: 1927 dollars in 1953
Amount in 1927
Value in 1953
$1.00
$1.53
$5.00
$7.67
$10.00
$15.34
$20.00
$30.69
$50.00
$76.72
$100
$153
$500
$767
$1,000
$1,534
$5,000
$7,672
$10,000
$15,345
$100,000
$153,448
$1,000,000
$1,534,483
Inflation by spending category, 1927–1953
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1927 spending costs in 1953, by category:
Category
Avg. yearly inflation
$100 in 1927 →
All items (CPI-U)
1.66%
$153
Food
2.12%
$173
Apparel
2.07%
$170
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–).
MLA: “Inflation from 1927 to 1953: $100 is worth $153 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1927-to-1953/
APA: InflationCalculator.com. Inflation from 1927 to 1953. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1927-to-1953/