$100 in 1927 is worth $192 in 1967,
because prices increased 92.0% over that period, an average of
1.64% a year.
$100 in 1927 has
the same buying power as
$192
in 1967
Detailed inflation statistics
Cumulative price change
92.0%
Average inflation rate
1.64% per year
Converted amount ($100 base)
$192
Price difference ($100 base)
$91.95
CPI in 1927
17.4
CPI in 1967
33.4
Inflation in 1927
-1.69%
Inflation in 1967
3.09%
$100 in 1927 → 1967
$192
$100 in 1967 → 1927
$52.10
What happened to prices between 1927 and 1967
Between 1927 and 1967, the Consumer Price Index went from 17.4 to 33.4.
Cumulatively, prices increased 92.0%, which works out to an average of
1.64% per year. Put differently, a dollar in 1927 bought what
$0.52 buys in 1967: the 1927 dollar
lost 47.9% of its purchasing power over
these 40 years.
Consumer prices fell 1.7% in 1927, a mild retreat after three years of
gradual increases and part of a shallow up-and-down pattern that ran through
the second half of the decade. Aviation delivered the year’s signature
moment: Charles Lindbergh departed Roosevelt Field, New York, on May 20 and
landed at Le Bourget Field outside Paris roughly 33.5 hours later, the first
person to fly the Atlantic solo and nonstop. Detroit closed a chapter of its
own that May, when Ford halted the Model T’s production line after nearly 19
years and more than 15 million cars sold, idling tens of thousands of
workers while its factories retooled for the Model A. The Federal Reserve,
meeting with European central bankers that summer, cut its discount rate to
ease pressure on currencies still recovering from the war, a move later
cited by economists including Milton Friedman and Anna Schwartz as fuel for
the stock market speculation that built through the following two years.
First-class postage held at 2 cents.
Every 1927 amount converts to 1967 at the same ratio, 1.92: $1,000 becomes
$1,920, and $10,000 becomes $19,195.
Amount in 1927
Value in 1967
$1.00
$1.92
$5.00
$9.60
$10.00
$19.20
$20.00
$38.39
$50.00
$95.98
$100
$192
$500
$960
$1,000
$1,920
$5,000
$9,598
$10,000
$19,195
$100,000
$191,954
$1,000,000
$1,919,540
Inflation by spending category, 1927–1967
Between 1927 and 1967, food rose the most, up 107.9%, while apparel rose the least, up 101.6%, against 92.0% for all items. The headline number is an average; here is what $100 of 1927
spending costs in 1967, by category:
Category
Avg. yearly inflation
$100 in 1927 →
All items (CPI-U)
1.64%
$192
Food
1.85%
$208
Apparel
1.77%
$202
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–).
Decade by decade: 1927 to 1967
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 1927–1967 change:
Years
Avg. yearly inflation
Price change
$100 from 1927, at end
1927–1930
-1.36%
-4.0%
$95.98
1930–1940
-1.75%
-16.2%
$80.46
1940–1950
5.58%
72.1%
$139
1950–1960
2.08%
22.8%
$170
1960–1967
1.74%
12.8%
$192
Year by year: CPI and the value of $100 from 1927
$100 from 1927 had already become $128 by
1947, on its way to $192 in 1967; 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.
Long periods are sampled every 2 years; the calculator above covers any pair of years.
The destination year: 1967
In 1967, prices rose 3.1% and $100 from 1927 had the buying
power of $192; the year's average CPI of 33.4 is the level
behind every 1967 figure on this page.
Consumer prices rose 3.1% in 1967, up from 1966’s 2.9% as
Vietnam War spending kept climbing alongside expanding Great Society
programs, a combination of rising military and domestic outlays that
economists later blamed for entrenching inflation through the rest of the
decade. The minimum wage rose that February 1, to $1.40 an hour, the
first step of a phased increase Congress had set the year before. Urban
unrest reached a peak that July, when days of rioting left 26 dead in
Newark and 43 dead in Detroit, the deadliest of that summer’s roughly 160
disturbances; Johnson responded by forming the Kerner Commission to study
the causes of the unrest. The Supreme Court gained its first Black
justice that year too: the Senate confirmed Thurgood Marshall on August
30, and he was sworn in that October after serving as U.S. Solicitor
General and, before that, as the lead attorney in Brown v. Board of
Education. Consumer prices finished 1967 237.4% above their
1913 level. First-class postage held at 5 cents.
MLA: “Inflation from 1927 to 1967: $100 is worth $192 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1927-to-1967/
APA: InflationCalculator.com. Inflation from 1927 to 1967. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1927-to-1967/