U.S. inflation · 1930–2003
$100 in 1930 has the same buying power as
$1,102
in 2003
| Cumulative price change | 1001.8% |
|---|---|
| Average inflation rate | 3.34% per year |
| Converted amount ($100 base) | $1,102 |
| Price difference ($100 base) | $1,002 |
| CPI in 1930 | 16.7 |
| CPI in 2003 | 184 |
| Inflation in 1930 | -2.34% |
| Inflation in 2003 | 2.28% |
| $100 in 1930 → 2003 | $1,102 |
| $100 in 2003 → 1930 | $9.08 |
Between 1930 and 2003, the Consumer Price Index went from 16.7 to 184. Cumulatively, prices increased 1001.8%, which works out to an average of 3.34% per year. Put differently, a dollar in 1930 bought what $0.09 buys in 2003.
| Amount in 1930 | Value in 2003 |
|---|---|
| $1.00 | $11.02 |
| $5.00 | $55.09 |
| $10.00 | $110 |
| $20.00 | $220 |
| $50.00 | $551 |
| $100 | $1,102 |
| $500 | $5,509 |
| $1,000 | $11,018 |
| $5,000 | $55,090 |
| $10,000 | $110,180 |
| $100,000 | $1,101,796 |
| $1,000,000 | $11,017,964 |
The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 1930 spending costs in 2003, by category:
| Category | Avg. yearly inflation | $100 in 1930 → |
|---|---|---|
| All items (CPI-U) | 3.34% | $1,102 |
| Food | 3.41% | $1,154 |
| Apparel | 2.23% | $500 |
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 |
| 1935 | 13.7 | 2.2% | $82.04 |
| 1940 | 14 | 0.7% | $83.83 |
| 1945 | 18 | 2.3% | $108 |
| 1950 | 24.1 | 1.3% | $144 |
| 1955 | 26.8 | -0.4% | $160 |
| 1960 | 29.6 | 1.7% | $177 |
| 1965 | 31.5 | 1.6% | $189 |
| 1970 | 38.8 | 5.7% | $232 |
| 1975 | 53.8 | 9.1% | $322 |
| 1980 | 82.4 | 13.5% | $493 |
| 1985 | 107.6 | 3.6% | $644 |
| 1990 | 130.7 | 5.4% | $783 |
| 1995 | 152.4 | 2.8% | $913 |
| 2000 | 172.2 | 3.4% | $1,031 |
| 2003 | 184 | 2.3% | $1,102 |
Long periods are sampled every 5 years; the calculator above covers any pair of years.
MLA: “Inflation from 1930 to 2003: $100 is worth $1,102 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1930-to-2003/
APA: InflationCalculator.com. Inflation from 1930 to 2003. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1930-to-2003/
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.