U.S. inflation · 1933–1944
$100 in 1933 has the same buying power as
$135
in 1944
| Cumulative price change | 35.4% |
|---|---|
| Average inflation rate | 2.79% per year |
| Converted amount ($100 base) | $135 |
| Price difference ($100 base) | $35.38 |
| CPI in 1933 | 13 |
| CPI in 1944 | 17.6 |
| Inflation in 1933 | -5.11% |
| Inflation in 1944 | 1.73% |
| $100 in 1933 → 1944 | $135 |
| $100 in 1944 → 1933 | $73.86 |
Between 1933 and 1944, the Consumer Price Index went from 13 to 17.6. Cumulatively, prices increased 35.4%, which works out to an average of 2.79% per year. Put differently, a dollar in 1933 bought what $0.74 buys in 1944.
| Amount in 1933 | Value in 1944 |
|---|---|
| $1.00 | $1.35 |
| $5.00 | $6.77 |
| $10.00 | $13.54 |
| $20.00 | $27.08 |
| $50.00 | $67.69 |
| $100 | $135 |
| $500 | $677 |
| $1,000 | $1,354 |
| $5,000 | $6,769 |
| $10,000 | $13,538 |
| $100,000 | $135,385 |
| $1,000,000 | $1,353,846 |
The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 1933 spending costs in 1944, by category:
| Category | Avg. yearly inflation | $100 in 1933 → |
|---|---|---|
| All items (CPI-U) | 2.79% | $135 |
| Food | 4.51% | $162 |
| Apparel | 4.28% | $159 |
Not shown because the BLS began these indexes after 1933: 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 1933 |
|---|---|---|---|
| 1933 | 13 | -5.1% | $100 |
| 1934 | 13.4 | 3.1% | $103 |
| 1935 | 13.7 | 2.2% | $105 |
| 1936 | 13.9 | 1.5% | $107 |
| 1937 | 14.4 | 3.6% | $111 |
| 1938 | 14.1 | -2.1% | $108 |
| 1939 | 13.9 | -1.4% | $107 |
| 1940 | 14 | 0.7% | $108 |
| 1941 | 14.7 | 5.0% | $113 |
| 1942 | 16.3 | 10.9% | $125 |
| 1943 | 17.3 | 6.1% | $133 |
| 1944 | 17.6 | 1.7% | $135 |
MLA: “Inflation from 1933 to 1944: $100 is worth $135 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1933-to-1944/
APA: InflationCalculator.com. Inflation from 1933 to 1944. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1933-to-1944/
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.