U.S. inflation · 1927–1992

Value of $100 in 1927, adjusted to 1992

$100 in 1927 is worth $806 in 1992, because prices increased 706.3% over that period, an average of 3.26% a year.

$100 in 1927 has the same buying power as

$806

in 1992

$75$441$80619271943196019761992$100 · 1927$806 · 1992
Detailed inflation statistics
Cumulative price change706.3%
Average inflation rate3.26% per year
Converted amount ($100 base)$806
Price difference ($100 base)$706
CPI in 192717.4
CPI in 1992140.3
Inflation in 1927-1.69%
Inflation in 19923.01%
$100 in 1927 → 1992$806
$100 in 1992 → 1927$12.40

What happened to prices between 1927 and 1992

Between 1927 and 1992, the Consumer Price Index went from 17.4 to 140.3. Cumulatively, prices increased 706.3%, which works out to an average of 3.26% per year. Put differently, a dollar in 1927 bought what $0.12 buys in 1992: the 1927 dollar lost 87.6% of its purchasing power over these 65 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 1992

Every 1927 amount converts to 1992 at the same ratio, 8.06: $1,000 becomes $8,063, and $10,000 becomes $80,632.

Amount in 1927Value in 1992
$1.00$8.06
$5.00$40.32
$10.00$80.63
$20.00$161
$50.00$403
$100$806
$500$4,032
$1,000$8,063
$5,000$40,316
$10,000$80,632
$100,000$806,322
$1,000,000$8,063,218

Inflation by spending category, 1927–1992

Between 1927 and 1992, food rose the most, up 740.9%, while apparel rose the least, up 421.3%, against 706.3% for all items. The headline number is an average; here is what $100 of 1927 spending costs in 1992, by category:

Category Avg. yearly inflation $100 in 1927 →
All items (CPI-U) 3.26% $806
Food 3.33% $841
Apparel 2.57% $521

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 1992

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 1927–1992 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
1980–1990 4.72% 58.6% $751
1990–1992 3.61% 7.3% $806

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

$100 from 1927 had already become $161 by 1957, on its way to $806 in 1992; 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
1932 13.7 -9.9% $78.74
1937 14.4 3.6% $82.76
1942 16.3 10.9% $93.68
1947 22.3 14.4% $128
1952 26.5 1.9% $152
1957 28.1 3.3% $161
1962 30.2 1.0% $174
1967 33.4 3.1% $192
1972 41.8 3.2% $240
1977 60.6 6.5% $348
1982 96.5 6.2% $555
1987 113.6 3.6% $653
1992 140.3 3.0% $806

Long periods are sampled every 5 years; the calculator above covers any pair of years.

The destination year: 1992

In 1992, prices rose 3.0% and $100 from 1927 had the buying power of $806; the year's average CPI of 140.3 is the level behind every 1992 figure on this page.

1992 was the year the recovery finally showed up in the numbers, if not yet in hiring. The median household earned about $30,600, gas averaged $1.13 a gallon, and a new home cost roughly $121,500. Inflation ran at 3.0% for the year, its calmest reading since the mid-1980s, as energy prices stayed well below their 1990 peak and a slack labor market kept a lid on wages and prices alike. The Federal Reserve kept cutting its policy rate through the year, reaching about 3% by September, the lowest in decades, trying to jump-start hiring more than a year after the 1990-91 recession officially ended. The sluggish job market became the defining issue of the November election, and Bill Clinton unseated incumbent George H.W. Bush, whose approval ratings had fallen sharply from their post-Gulf War highs. In August, Hurricane Andrew tore through South Florida, the costliest U.S. hurricane on record at the time, causing tens of billions of dollars in damage and reshaping how insurers priced catastrophe risk for years afterward. Falling rates, a costly hurricane, and an election fought over jobs defined a recovery that showed up in the data well before it showed up in most paychecks.

More about inflation in 1992 →

Cite this page

MLA: “Inflation from 1927 to 1992: $100 is worth $806 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1927-to-1992/

APA: InflationCalculator.com. Inflation from 1927 to 1992. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1927-to-1992/

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.