U.S. inflation · 1931–2020
$100 in 1931 has the same buying power as
$1,703
in 2020
| Cumulative price change | 1602.7% |
|---|---|
| Average inflation rate | 3.24% per year |
| Converted amount ($100 base) | $1,703 |
| Price difference ($100 base) | $1,603 |
| CPI in 1931 | 15.2 |
| CPI in 2020 | 258.811 |
| Inflation in 1931 | -8.98% |
| Inflation in 2020 | 1.23% |
| $100 in 1931 → 2020 | $1,703 |
| $100 in 2020 → 1931 | $5.87 |
Between 1931 and 2020, the Consumer Price Index went from 15.2 to 258.811. Cumulatively, prices increased 1602.7%, which works out to an average of 3.24% per year. Put differently, a dollar in 1931 bought what $0.06 buys in 2020.
| Amount in 1931 | Value in 2020 |
|---|---|
| $1.00 | $17.03 |
| $5.00 | $85.14 |
| $10.00 | $170 |
| $20.00 | $341 |
| $50.00 | $851 |
| $100 | $1,703 |
| $500 | $8,514 |
| $1,000 | $17,027 |
| $5,000 | $85,135 |
| $10,000 | $170,270 |
| $100,000 | $1,702,704 |
| $1,000,000 | $17,027,039 |
The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 1931 spending costs in 2020, by category:
| Category | Avg. yearly inflation | $100 in 1931 → |
|---|---|---|
| All items (CPI-U) | 3.24% | $1,703 |
| Food | 3.46% | $2,071 |
| Apparel | 1.91% | $537 |
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–).
| Year | CPI | Inflation rate | $100 from 1931 |
|---|---|---|---|
| 1931 | 15.2 | -9.0% | $100 |
| 1936 | 13.9 | 1.5% | $91.45 |
| 1941 | 14.7 | 5.0% | $96.71 |
| 1946 | 19.5 | 8.3% | $128 |
| 1951 | 26 | 7.9% | $171 |
| 1956 | 27.2 | 1.5% | $179 |
| 1961 | 29.9 | 1.0% | $197 |
| 1966 | 32.4 | 2.9% | $213 |
| 1971 | 40.5 | 4.4% | $266 |
| 1976 | 56.9 | 5.8% | $374 |
| 1981 | 90.9 | 10.3% | $598 |
| 1986 | 109.6 | 1.9% | $721 |
| 1991 | 136.2 | 4.2% | $896 |
| 1996 | 156.9 | 3.0% | $1,032 |
| 2001 | 177.1 | 2.8% | $1,165 |
| 2006 | 201.6 | 3.2% | $1,326 |
| 2011 | 224.939 | 3.2% | $1,480 |
| 2016 | 240.007 | 1.3% | $1,579 |
| 2020 | 258.811 | 1.2% | $1,703 |
Long periods are sampled every 5 years; the calculator above covers any pair of years.
MLA: “Inflation from 1931 to 2020: $100 is worth $1,703 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1931-to-2020/
APA: InflationCalculator.com. Inflation from 1931 to 2020. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1931-to-2020/
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.