U.S. inflation · 1927–1986

Value of $100 in 1927, adjusted to 1986

$100 in 1927 is worth $630 in 1986, because prices increased 529.9% over that period, an average of 3.17% a year.

$100 in 1927 has the same buying power as

$630

in 1986

$75$352$63019271942195719711986$100 · 1927$630 · 1986
Detailed inflation statistics
Cumulative price change529.9%
Average inflation rate3.17% per year
Converted amount ($100 base)$630
Price difference ($100 base)$530
CPI in 192717.4
CPI in 1986109.6
Inflation in 1927-1.69%
Inflation in 19861.86%
$100 in 1927 → 1986$630
$100 in 1986 → 1927$15.88

What happened to prices between 1927 and 1986

Between 1927 and 1986, the Consumer Price Index went from 17.4 to 109.6. Cumulatively, prices increased 529.9%, which works out to an average of 3.17% per year. Put differently, a dollar in 1927 bought what $0.16 buys in 1986: the 1927 dollar lost 84.1% of its purchasing power over these 59 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.

More about inflation in 1927 →

Common amounts: 1927 dollars in 1986

Every 1927 amount converts to 1986 at the same ratio, 6.30: $1,000 becomes $6,299, and $10,000 becomes $62,989.

Amount in 1927Value in 1986
$1.00$6.30
$5.00$31.49
$10.00$62.99
$20.00$126
$50.00$315
$100$630
$500$3,149
$1,000$6,299
$5,000$31,494
$10,000$62,989
$100,000$629,885
$1,000,000$6,298,851

Inflation by spending category, 1927–1986

Between 1927 and 1986, food rose the most, up 564.6%, while apparel rose the least, up 318.6%, against 529.9% for all items. The headline number is an average; here is what $100 of 1927 spending costs in 1986, by category:

Category Avg. yearly inflation $100 in 1927 →
All items (CPI-U) 3.17% $630
Food 3.26% $665
Apparel 2.46% $419

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 1986

Prices climbed fastest in the 1970s, averaging 7.82% a year, and fell in the 1930s (1.7% a year). Each step below chains into the full 1927–1986 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
1960–1970 2.74% 31.1% $223
1970–1980 7.82% 112.4% $474
1980–1986 4.87% 33.0% $630

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

$100 from 1927 had already become $161 by 1957, on its way to $630 in 1986; 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.

Year CPI Inflation rate $100 from 1927
1927 17.4 -1.7% $100
1929 17.1 0.0% $98.28
1931 15.2 -9.0% $87.36
1933 13 -5.1% $74.71
1935 13.7 2.2% $78.74
1937 14.4 3.6% $82.76
1939 13.9 -1.4% $79.89
1941 14.7 5.0% $84.48
1943 17.3 6.1% $99.43
1945 18 2.3% $103
1947 22.3 14.4% $128
1949 23.8 -1.2% $137
1951 26 7.9% $149
1953 26.7 0.8% $153
1955 26.8 -0.4% $154
1957 28.1 3.3% $161
1959 29.1 0.7% $167
1961 29.9 1.0% $172
1963 30.6 1.3% $176
1965 31.5 1.6% $181
1967 33.4 3.1% $192
1969 36.7 5.5% $211
1971 40.5 4.4% $233
1973 44.4 6.2% $255
1975 53.8 9.1% $309
1977 60.6 6.5% $348
1979 72.6 11.3% $417
1981 90.9 10.3% $522
1983 99.6 3.2% $572
1985 107.6 3.6% $618
1986 109.6 1.9% $630

Long periods are sampled every 2 years; the calculator above covers any pair of years.

The destination year: 1986

In 1986, prices rose 1.9% and $100 from 1927 had the buying power of $630; the year's average CPI of 109.6 is the level behind every 1986 figure on this page.

1986 delivered the decade’s biggest one-year drop in inflation, and it came almost entirely from a single source: oil. Saudi Arabia abandoned its policy of restraining output to prop up prices, and world crude collapsed from about $27 a barrel to under $10 by midyear. Gasoline, which had averaged $1.12 a gallon in 1985, fell to 86 cents. With energy costs plunging, headline CPI inflation for the year came in at just 1.9%, the lowest annual rate since 1965 and a striking bookend to 1980’s 13.5% peak. The relief was uneven: prices for most goods and services outside energy kept rising at a moderate pace, so households that didn’t drive much or heat with oil felt less of the difference. In October, Congress passed the Tax Reform Act of 1986, a bipartisan overhaul that cut the top individual income tax rate from 50% to 28% while closing many deductions and shelters, the broadest rewrite of the federal tax code since World War II. Between cheap gas and falling interest rates, 1986 read like proof that the inflationary 1970s were a closed chapter, six years after the U.S. economy had felt anything but calm.

More about inflation in 1986 →

Cite this page

MLA: “Inflation from 1927 to 1986: $100 is worth $630 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1927-to-1986/

APA: InflationCalculator.com. Inflation from 1927 to 1986. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1927-to-1986/

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.