$100 in 1930 is worth $1,169 in 2005,
because prices increased 1069.5% over that period, an average of
3.33% a year.
$100 in 1930 has
the same buying power as
$1,169
in 2005
Detailed inflation statistics
Cumulative price change
1069.5%
Average inflation rate
3.33% per year
Converted amount ($100 base)
$1,169
Price difference ($100 base)
$1,069
CPI in 1930
16.7
CPI in 2005
195.3
Inflation in 1930
-2.34%
Inflation in 2005
3.39%
$100 in 1930 → 2005
$1,169
$100 in 2005 → 1930
$8.55
What happened to prices between 1930 and 2005
Between 1930 and 2005, the Consumer Price Index went from 16.7 to 195.3.
Cumulatively, prices increased 1069.5%, which works out to an average of
3.33% per year. Put differently, a dollar in 1930 bought what
$0.09 buys in 2005: the 1930 dollar
lost 91.4% of its purchasing power over
these 75 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 2005 at the same ratio, 11.69: $1,000 becomes
$11,695, and $10,000 becomes $116,946.
Amount in 1930
Value in 2005
$1.00
$11.69
$5.00
$58.47
$10.00
$117
$20.00
$234
$50.00
$585
$100
$1,169
$500
$5,847
$1,000
$11,695
$5,000
$58,473
$10,000
$116,946
$100,000
$1,169,461
$1,000,000
$11,694,611
Inflation by spending category, 1930–2005
Between 1930 and 2005, food rose the most, up 1122.4%, while apparel rose the least, up 393.8%, against 1069.5% for all items. The headline number is an average; here is what $100 of 1930
spending costs in 2005, by category:
Category
Avg. yearly inflation
$100 in 1930 →
All items (CPI-U)
3.33%
$1,169
Food
3.39%
$1,222
Apparel
2.15%
$494
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 2005
Prices climbed fastest in the 1970s, averaging 7.82% a year, and fell in the 1930s (1.7% a year). Each step below chains into the full 1930–2005 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
1960–1970
2.74%
31.1%
$232
1970–1980
7.82%
112.4%
$493
1980–1990
4.72%
58.6%
$783
1990–2000
2.80%
31.8%
$1,031
2000–2005
2.55%
13.4%
$1,169
Year by year: CPI and the value of $100 from 1930
$100 from 1930 had already become $189 by
1965, on its way to $1,169 in 2005; 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 5 years; the calculator above covers any pair of years.
The destination year: 2005
In 2005, prices rose 3.4% and $100 from 1930 had the buying
power of $1,169; the year's average CPI of 195.3 is the level
behind every 2005 figure on this page.
Inflation rose to 3.4% in 2005, up from 2.7% in 2004, as gasoline averaged $2.30 a gallon,
compared with $1.88 the year before. Hurricane Katrina made landfall on August 29, and with
Hurricane Rita weeks later it disrupted Gulf Coast refining, pushing the national average
price past $3 in early September. The Federal Reserve raised its policy rate at every meeting,
from 2.25% to 4.25%, to keep energy costs from feeding into other prices. The median household
earned about $46,300, up 4.5% from 2004, but the median new home price rose a further 9%, to
$240,900. In April, Congress passed a bankruptcy law that made it harder to clear debts. A
first-class stamp stayed at 37 cents until January 2006, and the federal minimum wage stayed
at $5.15.
MLA: “Inflation from 1930 to 2005: $100 is worth $1,169 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1930-to-2005/
APA: InflationCalculator.com. Inflation from 1930 to 2005. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1930-to-2005/