$100 in 1930 is worth $200 in 1967,
because prices increased 100.0% over that period, an average of
1.89% a year.
$100 in 1930 has
the same buying power as
$200
in 1967
Detailed inflation statistics
Cumulative price change
100.0%
Average inflation rate
1.89% per year
Converted amount ($100 base)
$200
Price difference ($100 base)
$100
CPI in 1930
16.7
CPI in 1967
33.4
Inflation in 1930
-2.34%
Inflation in 1967
3.09%
$100 in 1930 → 1967
$200
$100 in 1967 → 1930
$50.00
What happened to prices between 1930 and 1967
Between 1930 and 1967, the Consumer Price Index went from 16.7 to 33.4.
Cumulatively, prices increased 100.0%, which works out to an average of
1.89% per year. Put differently, a dollar in 1930 bought what
$0.50 buys in 1967: the 1930 dollar
lost 50.0% of its purchasing power over
these 37 years.
Consumer prices fell 2.3% in 1930, a mild decline compared with what was
coming but the first sign that the summer 1929 downturn was not going to be
short. The National Bureau of Economic Research dates that contraction from
August 1929, and by the time it finally bottomed out in March 1933 it would
run 43 months, the longest of any downturn in the NBER’s chronology back to
1854. Congress made the trade picture worse in June, when President Hoover
signed the Smoot-Hawley Tariff Act, raising duties on more than 20,000
imported goods to some of the highest levels in a century. Trading partners
retaliated with tariffs of their own, and global trade volumes collapsed
over the next several years, deepening a downturn economists still debate
how much the tariff itself worsened. The financial system cracked that fall:
a regional banking panic culminated in the December 11 failure of the Bank
of United States in New York, at the time the largest bank failure in
American history, wiping out more than $200 million in deposits. It was the
first of four banking panics that would hit the country before 1933 was
out. Consumer prices still stood 68.7% above their 1913
starting point, but the direction had clearly turned. First-class postage
held at 2 cents, unchanged for eleven straight years.
Every 1930 amount converts to 1967 at the same ratio, 2.00: $1,000 becomes
$2,000, and $10,000 becomes $20,000.
Amount in 1930
Value in 1967
$1.00
$2.00
$5.00
$10.00
$10.00
$20.00
$20.00
$40.00
$50.00
$100
$100
$200
$500
$1,000
$1,000
$2,000
$5,000
$10,000
$10,000
$20,000
$100,000
$200,000
$1,000,000
$2,000,000
Inflation by spending category, 1930–1967
Between 1930 and 1967, food rose the most, up 118.6%, while apparel rose the least, up 110.7%, against 100.0% for all items. The headline number is an average; here is what $100 of 1930
spending costs in 1967, by category:
Category
Avg. yearly inflation
$100 in 1930 →
All items (CPI-U)
1.89%
$200
Food
2.14%
$219
Apparel
2.04%
$211
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–).
Decade by decade: 1930 to 1967
Prices climbed fastest in the 1940s, averaging 5.58% a year, and fell in the 1930s (1.7% a year). Each step below chains into the full 1930–1967 change:
Years
Avg. yearly inflation
Price change
$100 from 1930, at end
1930–1940
-1.75%
-16.2%
$83.83
1940–1950
5.58%
72.1%
$144
1950–1960
2.08%
22.8%
$177
1960–1967
1.74%
12.8%
$200
Year by year: CPI and the value of $100 from 1930
$100 from 1930 had already become $144 by
1948, on its way to $200 in 1967; 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.
Long periods are sampled every 2 years; the calculator above covers any pair of years.
The destination year: 1967
In 1967, prices rose 3.1% and $100 from 1930 had the buying
power of $200; the year's average CPI of 33.4 is the level
behind every 1967 figure on this page.
Consumer prices rose 3.1% in 1967, up from 1966’s 2.9% as
Vietnam War spending kept climbing alongside expanding Great Society
programs, a combination of rising military and domestic outlays that
economists later blamed for entrenching inflation through the rest of the
decade. The minimum wage rose that February 1, to $1.40 an hour, the
first step of a phased increase Congress had set the year before. Urban
unrest reached a peak that July, when days of rioting left 26 dead in
Newark and 43 dead in Detroit, the deadliest of that summer’s roughly 160
disturbances; Johnson responded by forming the Kerner Commission to study
the causes of the unrest. The Supreme Court gained its first Black
justice that year too: the Senate confirmed Thurgood Marshall on August
30, and he was sworn in that October after serving as U.S. Solicitor
General and, before that, as the lead attorney in Brown v. Board of
Education. Consumer prices finished 1967 237.4% above their
1913 level. First-class postage held at 5 cents.
MLA: “Inflation from 1930 to 1967: $100 is worth $200 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1930-to-1967/
APA: InflationCalculator.com. Inflation from 1930 to 1967. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1930-to-1967/