U.S. inflation · 1929–2025

Value of $100 in 1929, adjusted to 2025

$100 in 1929 is worth $1,883 in 2025, because prices increased 1782.7% over that period, an average of 3.10% a year.

$100 in 1929 has the same buying power as

$1,883

in 2025

$76$979$1.9k19291953197720012025$100 · 1929$1.9k · 2025
Detailed inflation statistics
Cumulative price change1782.7%
Average inflation rate3.10% per year
Converted amount ($100 base)$1,883
Price difference ($100 base)$1,783
CPI in 192917.1
CPI in 2025321.943
Inflation in 19290.00%
Inflation in 20252.63%
$100 in 1929 → 2025$1,883
$100 in 2025 → 1929$5.31

What happened to prices between 1929 and 2025

Between 1929 and 2025, the Consumer Price Index went from 17.1 to 321.943. Cumulatively, prices increased 1782.7%, which works out to an average of 3.10% per year. Put differently, a dollar in 1929 bought what $0.05 buys in 2025: the 1929 dollar lost 94.7% of its purchasing power over these 96 years.

Consumer prices were unchanged in 1929, the CPI’s annual average flat for the second time in six years and a fitting close to a decade that began with wartime inflation and ended in rough price stability. By year’s end the index stood 14.5% below its 1920 peak and roughly 73% above its 1913 starting point, a reminder that even a “stable” decade left prices well above where they had started. The stability in the cost of living masked what was building in financial markets. The National Bureau of Economic Research dates the start of the Great Depression to that August, the month the business cycle peaked, months before most Americans noticed anything was wrong. The break came that October: panic selling hit Wall Street on Black Thursday, October 24, and returned even worse on Black Tuesday, October 29, when the Dow Jones Industrial Average fell about 12% in a single session. Billions of dollars in paper wealth disappeared within days, and the crash marked the start of a downturn that would pull consumer prices into their steepest sustained decline of the 20th century over the next four years. First-class postage was still 2 cents, a price that would hold until 1932.

More about inflation in 1929 →

Common amounts: 1929 dollars in 2025

Every 1929 amount converts to 2025 at the same ratio, 18.83: $1,000 becomes $18,827, and $10,000 becomes $188,271.

Amount in 1929Value in 2025
$1.00$18.83
$5.00$94.14
$10.00$188
$20.00$377
$50.00$941
$100$1,883
$500$9,414
$1,000$18,827
$5,000$94,135
$10,000$188,271
$100,000$1,882,708
$1,000,000$18,827,076

Inflation by spending category, 1929–2025

Between 1929 and 2025, food rose the most, up 1957.6%, while apparel rose the least, up 431.6%, against 1782.7% for all items. The headline number is an average; here is what $100 of 1929 spending costs in 2025, by category:

Category Avg. yearly inflation $100 in 1929 →
All items (CPI-U) 3.10% $1,883
Food 3.20% $2,058
Apparel 1.76% $532

Not shown because the BLS began these indexes after 1929: core (all items less food & energy) (1957–), energy (1957–), housing (1967–), medical care (1935–), transportation (1935–), recreation (1993–), education & communication (1993–).

Decade by decade: 1929 to 2025

Prices climbed fastest in the 1970s, averaging 7.82% a year, and fell in the 1920s (2.3% a year). Each step below chains into the full 1929–2025 change:

Years Avg. yearly inflation Price change $100 from 1929, at end
1929–1930 -2.34% -2.3% $97.66
1930–1940 -1.75% -16.2% $81.87
1940–1950 5.58% 72.1% $141
1950–1960 2.08% 22.8% $173
1960–1970 2.74% 31.1% $227
1970–1980 7.82% 112.4% $482
1980–1990 4.72% 58.6% $764
1990–2000 2.80% 31.8% $1,007
2000–2010 2.39% 26.6% $1,275
2010–2020 1.73% 18.7% $1,514
2020–2025 4.46% 24.4% $1,883

Year by year: CPI and the value of $100 from 1929

$100 from 1929 had already become $425 by 1979, on its way to $1,883 in 2025; 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 1929
1929 17.1 0.0% $100
1934 13.4 3.1% $78.36
1939 13.9 -1.4% $81.29
1944 17.6 1.7% $103
1949 23.8 -1.2% $139
1954 26.9 0.7% $157
1959 29.1 0.7% $170
1964 31 1.3% $181
1969 36.7 5.5% $215
1974 49.3 11.0% $288
1979 72.6 11.3% $425
1984 103.9 4.3% $608
1989 124 4.8% $725
1994 148.2 2.6% $867
1999 166.6 2.2% $974
2004 188.9 2.7% $1,105
2009 214.537 -0.4% $1,255
2014 236.736 1.6% $1,384
2019 255.657 1.8% $1,495
2024 313.689 2.9% $1,834
2025 321.943 2.6% $1,883

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

The destination year: 2025

In 2025, prices rose 2.6% and $100 from 1929 had the buying power of $1,883; the year's average CPI of 321.943 is the level behind every 2025 figure on this page.

2025 was a year of trade policy and data disruptions rather than an inflation surge. Consumer prices rose 2.6% on average, a step down from 2024’s 2.9% and well below the 8.0% of 2022. Tariffs announced in April pushed up prices for some imported goods, including furniture, apparel, and auto parts, but the effect on the overall index was smaller than many forecasters feared at the start of the year, in part because retailers absorbed some of the cost and demand for services stayed steady.

The Federal Reserve held its policy rate steady through the first half of the year, then began cutting again in September, lowering it in three quarter-point steps to 3.50–3.75% by December.

The federal government shutdown that began October 1 lasted 43 days, and the Bureau of Labor Statistics did not publish a CPI for October 2025 because the survey data could not be collected. The federal minimum wage stayed at $7.25, and a first-class stamp rose to 78 cents in July.

More about inflation in 2025 →

Cite this page

MLA: “Inflation from 1929 to 2025: $100 is worth $1,883 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1929-to-2025/

APA: InflationCalculator.com. Inflation from 1929 to 2025. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1929-to-2025/

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.