U.S. inflation · 1930–1939

Value of $100 in 1930, adjusted to 1939

$100 in 1930 has the same buying power as

$83.23

in 1939

$78$89$10019301932193519371939$100 · 1930$83 · 1939
Detailed inflation statistics
Cumulative price change-16.8%
Average inflation rate-2.02% per year
Converted amount ($100 base)$83.23
Price difference ($100 base)-$16.77
CPI in 193016.7
CPI in 193913.9
Inflation in 1930-2.34%
Inflation in 1939-1.42%
$100 in 19301939$83.23
$100 in 19391930$120

What happened to prices between 1930 and 1939

Between 1930 and 1939, the Consumer Price Index went from 16.7 to 13.9. Cumulatively, prices declined 16.8%, which works out to an average of -2.02% per year. Put differently, a dollar in 1930 bought what $1.20 buys in 1939.

Common amounts: 1930 dollars in 1939

Amount in 1930Value in 1939
$1.00$0.83
$5.00$4.16
$10.00$8.32
$20.00$16.65
$50.00$41.62
$100$83.23
$500$416
$1,000$832
$5,000$4,162
$10,000$8,323
$100,000$83,234
$1,000,000$832,335

Inflation by spending category, 1930–1939

The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 1930 spending costs in 1939, by category:

Category Avg. yearly inflation $100 in 1930 →
All items (CPI-U) -2.02% $83.23
Apparel -1.25% $89.26
Food -3.05% $75.64

Not shown because the BLS began these indexes after 1930: core (all items less food & energy) (1957–), energy (1957–), housing (1967–), medical care (1935–), transportation (1935–), recreation (1993–), education & communication (1993–).

Year by year: CPI and the value of $100 from 1930

Year CPI Inflation rate $100 from 1930
1930 16.7 -2.3% $100
1931 15.2 -9.0% $91.02
1932 13.7 -9.9% $82.04
1933 13 -5.1% $77.84
1934 13.4 3.1% $80.24
1935 13.7 2.2% $82.04
1936 13.9 1.5% $83.23
1937 14.4 3.6% $86.23
1938 14.1 -2.1% $84.43
1939 13.9 -1.4% $83.23

Cite this page

MLA: “Inflation from 1930 to 1939: $100 is worth $83.23 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1930-to-1939/

APA: InflationCalculator.com. Inflation from 1930 to 1939. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1930-to-1939/

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.