Between 1927 and 1979, the Consumer Price Index went from 17.4 to 72.6.
Cumulatively, prices increased 317.2%, which works out to an average of
2.79% per year. Put differently, a dollar in 1927 bought what
$0.24 buys in 1979.
Common amounts: 1927 dollars in 1979
Amount in 1927
Value in 1979
$1.00
$4.17
$5.00
$20.86
$10.00
$41.72
$20.00
$83.45
$50.00
$209
$100
$417
$500
$2,086
$1,000
$4,172
$5,000
$20,862
$10,000
$41,724
$100,000
$417,241
$1,000,000
$4,172,414
Inflation by spending category, 1927–1979
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1927 spending costs in 1979, by category:
Category
Avg. yearly inflation
$100 in 1927 →
All items (CPI-U)
2.79%
$417
Food
3.09%
$487
Apparel
2.36%
$336
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–).
Long periods are sampled every 2 years; the calculator above covers any pair of years.
Cite this page
MLA: “Inflation from 1927 to 1979: $100 is worth $417 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1927-to-1979/
APA: InflationCalculator.com. Inflation from 1927 to 1979. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1927-to-1979/