U.S. inflation · 1933–1970
$100 in 1933 has the same buying power as
$298
in 1970
| Cumulative price change | 198.5% |
|---|---|
| Average inflation rate | 3.00% per year |
| Converted amount ($100 base) | $298 |
| Price difference ($100 base) | $198 |
| CPI in 1933 | 13 |
| CPI in 1970 | 38.8 |
| Inflation in 1933 | -5.11% |
| Inflation in 1970 | 5.72% |
| $100 in 1933 → 1970 | $298 |
| $100 in 1970 → 1933 | $33.51 |
Between 1933 and 1970, the Consumer Price Index went from 13 to 38.8. Cumulatively, prices increased 198.5%, which works out to an average of 3.00% per year. Put differently, a dollar in 1933 bought what $0.34 buys in 1970.
| Amount in 1933 | Value in 1970 |
|---|---|
| $1.00 | $2.98 |
| $5.00 | $14.92 |
| $10.00 | $29.85 |
| $20.00 | $59.69 |
| $50.00 | $149 |
| $100 | $298 |
| $500 | $1,492 |
| $1,000 | $2,985 |
| $5,000 | $14,923 |
| $10,000 | $29,846 |
| $100,000 | $298,462 |
| $1,000,000 | $2,984,615 |
The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 1933 spending costs in 1970, by category:
| Category | Avg. yearly inflation | $100 in 1933 → |
|---|---|---|
| All items (CPI-U) | 3.00% | $298 |
| Food | 3.65% | $377 |
| Apparel | 3.15% | $315 |
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 |
| 1935 | 13.7 | 2.2% | $105 |
| 1937 | 14.4 | 3.6% | $111 |
| 1939 | 13.9 | -1.4% | $107 |
| 1941 | 14.7 | 5.0% | $113 |
| 1943 | 17.3 | 6.1% | $133 |
| 1945 | 18 | 2.3% | $138 |
| 1947 | 22.3 | 14.4% | $172 |
| 1949 | 23.8 | -1.2% | $183 |
| 1951 | 26 | 7.9% | $200 |
| 1953 | 26.7 | 0.8% | $205 |
| 1955 | 26.8 | -0.4% | $206 |
| 1957 | 28.1 | 3.3% | $216 |
| 1959 | 29.1 | 0.7% | $224 |
| 1961 | 29.9 | 1.0% | $230 |
| 1963 | 30.6 | 1.3% | $235 |
| 1965 | 31.5 | 1.6% | $242 |
| 1967 | 33.4 | 3.1% | $257 |
| 1969 | 36.7 | 5.5% | $282 |
| 1970 | 38.8 | 5.7% | $298 |
Long periods are sampled every 2 years; the calculator above covers any pair of years.
MLA: “Inflation from 1933 to 1970: $100 is worth $298 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1933-to-1970/
APA: InflationCalculator.com. Inflation from 1933 to 1970. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1933-to-1970/
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.