Between 1933 and 1961, the Consumer Price Index went from 13 to 29.9.
Cumulatively, prices increased 130.0%, which works out to an average of
3.02% per year. Put differently, a dollar in 1933 bought what
$0.43 buys in 1961.
Common amounts: 1933 dollars in 1961
Amount in 1933
Value in 1961
$1.00
$2.30
$5.00
$11.50
$10.00
$23.00
$20.00
$46.00
$50.00
$115
$100
$230
$500
$1,150
$1,000
$2,300
$5,000
$11,500
$10,000
$23,000
$100,000
$230,000
$1,000,000
$2,300,000
Inflation by spending category, 1933–1961
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1933 spending costs in 1961, by category:
Category
Avg. yearly inflation
$100 in 1933 →
All items (CPI-U)
3.02%
$230
Food
3.91%
$292
Apparel
3.26%
$245
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–).
MLA: “Inflation from 1933 to 1961: $100 is worth $230 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1933-to-1961/
APA: InflationCalculator.com. Inflation from 1933 to 1961. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1933-to-1961/