$100 in 1930 is worth $1,395 in 2013,
because prices increased 1295.0% over that period, an average of
3.23% a year.
$100 in 1930 has
the same buying power as
$1,395
in 2013
Detailed inflation statistics
Cumulative price change
1295.0%
Average inflation rate
3.23% per year
Converted amount ($100 base)
$1,395
Price difference ($100 base)
$1,295
CPI in 1930
16.7
CPI in 2013
232.957
Inflation in 1930
-2.34%
Inflation in 2013
1.46%
$100 in 1930 → 2013
$1,395
$100 in 2013 → 1930
$7.17
What happened to prices between 1930 and 2013
Between 1930 and 2013, the Consumer Price Index went from 16.7 to 232.957.
Cumulatively, prices increased 1295.0%, which works out to an average of
3.23% per year. Put differently, a dollar in 1930 bought what
$0.07 buys in 2013: the 1930 dollar
lost 92.8% of its purchasing power over
these 83 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 2013 at the same ratio, 13.95: $1,000 becomes
$13,950, and $10,000 becomes $139,495.
Amount in 1930
Value in 2013
$1.00
$13.95
$5.00
$69.75
$10.00
$139
$20.00
$279
$50.00
$697
$100
$1,395
$500
$6,975
$1,000
$13,950
$5,000
$69,748
$10,000
$139,495
$100,000
$1,394,952
$1,000,000
$13,949,521
Inflation by spending category, 1930–2013
Between 1930 and 2013, food rose the most, up 1419.5%, while apparel rose the least, up 426.5%, against 1295.0% for all items. The headline number is an average; here is what $100 of 1930
spending costs in 2013, by category:
Category
Avg. yearly inflation
$100 in 1930 →
All items (CPI-U)
3.23%
$1,395
Food
3.33%
$1,519
Apparel
2.02%
$526
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 2013
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 1930–2013 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
2000–2010
2.39%
26.6%
$1,306
2010–2013
2.23%
6.8%
$1,395
Year by year: CPI and the value of $100 from 1930
$100 from 1930 had already become $232 by
1970, on its way to $1,395 in 2013; 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: 2013
In 2013, prices rose 1.5% and $100 from 1930 had the buying
power of $1,395; the year's average CPI of 232.957 is the level
behind every 2013 figure on this page.
2013 was a low-inflation year with a lot of noise around the Federal Reserve.
Consumer prices rose 1.5%, below the Fed’s 2% target, and gasoline eased to an
average of $3.51 a gallon. Housing was the exception: the median new home sold
for about $268,900, up sharply from $245,200 in 2012, as the market recovered
from its post-crisis bottom.
The Fed dominated the news. Chairman Ben Bernanke’s May comments about slowing
bond purchases pushed long-term interest rates up by roughly a percentage
point that summer, and mortgages became more expensive within weeks. In
December the Fed finally announced a first small cut to its purchases while
promising to keep short-term rates near zero for a long time.
Washington added its own disruption. A 16-day government shutdown in October
delayed data releases and left a hole in that month’s CPI collection. Median
household income was reported at $53,585, the federal minimum wage stayed at
$7.25, and a first-class stamp cost 46 cents. The decade’s pattern was taking
shape: slow price growth, ultra-low interest rates, and a labor market that
improved gradually.
MLA: “Inflation from 1930 to 2013: $100 is worth $1,395 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1930-to-2013/
APA: InflationCalculator.com. Inflation from 1930 to 2013. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1930-to-2013/