U.S. inflation · 1930–1970
$100 in 1930 has the same buying power as
$232
in 1970
| Cumulative price change | 132.3% |
|---|---|
| Average inflation rate | 2.13% per year |
| Converted amount ($100 base) | $232 |
| Price difference ($100 base) | $132 |
| CPI in 1930 | 16.7 |
| CPI in 1970 | 38.8 |
| Inflation in 1930 | -2.34% |
| Inflation in 1970 | 5.72% |
| $100 in 1930 → 1970 | $232 |
| $100 in 1970 → 1930 | $43.04 |
Between 1930 and 1970, the Consumer Price Index went from 16.7 to 38.8. Cumulatively, prices increased 132.3%, which works out to an average of 2.13% per year. Put differently, a dollar in 1930 bought what $0.43 buys in 1970.
| Amount in 1930 | Value in 1970 |
|---|---|
| $1.00 | $2.32 |
| $5.00 | $11.62 |
| $10.00 | $23.23 |
| $20.00 | $46.47 |
| $50.00 | $116 |
| $100 | $232 |
| $500 | $1,162 |
| $1,000 | $2,323 |
| $5,000 | $11,617 |
| $10,000 | $23,234 |
| $100,000 | $232,335 |
| $1,000,000 | $2,323,353 |
The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 1930 spending costs in 1970, by category:
| Category | Avg. yearly inflation | $100 in 1930 → |
|---|---|---|
| All items (CPI-U) | 2.13% | $232 |
| Food | 2.33% | $251 |
| Apparel | 2.26% | $245 |
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 | CPI | Inflation rate | $100 from 1930 |
|---|---|---|---|
| 1930 | 16.7 | -2.3% | $100 |
| 1932 | 13.7 | -9.9% | $82.04 |
| 1934 | 13.4 | 3.1% | $80.24 |
| 1936 | 13.9 | 1.5% | $83.23 |
| 1938 | 14.1 | -2.1% | $84.43 |
| 1940 | 14 | 0.7% | $83.83 |
| 1942 | 16.3 | 10.9% | $97.60 |
| 1944 | 17.6 | 1.7% | $105 |
| 1946 | 19.5 | 8.3% | $117 |
| 1948 | 24.1 | 8.1% | $144 |
| 1950 | 24.1 | 1.3% | $144 |
| 1952 | 26.5 | 1.9% | $159 |
| 1954 | 26.9 | 0.7% | $161 |
| 1956 | 27.2 | 1.5% | $163 |
| 1958 | 28.9 | 2.8% | $173 |
| 1960 | 29.6 | 1.7% | $177 |
| 1962 | 30.2 | 1.0% | $181 |
| 1964 | 31 | 1.3% | $186 |
| 1966 | 32.4 | 2.9% | $194 |
| 1968 | 34.8 | 4.2% | $208 |
| 1970 | 38.8 | 5.7% | $232 |
Long periods are sampled every 2 years; the calculator above covers any pair of years.
MLA: “Inflation from 1930 to 1970: $100 is worth $232 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1930-to-1970/
APA: InflationCalculator.com. Inflation from 1930 to 1970. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1930-to-1970/
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.