Between 1931 and 2017, the Consumer Price Index went from 15.2 to 245.12.
Cumulatively, prices increased 1512.6%, which works out to an average of
3.29% per year. Put differently, a dollar in 1931 bought what
$0.06 buys in 2017.
Common amounts: 1931 dollars in 2017
Amount in 1931
Value in 2017
$1.00
$16.13
$5.00
$80.63
$10.00
$161
$20.00
$323
$50.00
$806
$100
$1,613
$500
$8,063
$1,000
$16,126
$5,000
$80,632
$10,000
$161,263
$100,000
$1,612,632
$1,000,000
$16,126,316
Inflation by spending category, 1931–2017
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1931 spending costs in 2017, by category:
Category
Avg. yearly inflation
$100 in 1931 →
All items (CPI-U)
3.29%
$1,613
Food
3.51%
$1,938
Apparel
2.05%
$571
Not shown because the BLS began these indexes after 1931: core (all items less food & energy) (1957–), energy (1957–), housing (1967–), medical care (1935–), transportation (1935–), recreation (1993–), education & communication (1993–).
Long periods are sampled every 5 years; the calculator above covers any pair of years.
Cite this page
MLA: “Inflation from 1931 to 2017: $100 is worth $1,613 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1931-to-2017/
APA: InflationCalculator.com. Inflation from 1931 to 2017. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1931-to-2017/