Between 1933 and 1983, the Consumer Price Index went from 13 to 99.6.
Cumulatively, prices increased 666.2%, which works out to an average of
4.16% per year. Put differently, a dollar in 1933 bought what
$0.13 buys in 1983.
Common amounts: 1933 dollars in 1983
Amount in 1933
Value in 1983
$1.00
$7.66
$5.00
$38.31
$10.00
$76.62
$20.00
$153
$50.00
$383
$100
$766
$500
$3,831
$1,000
$7,662
$5,000
$38,308
$10,000
$76,615
$100,000
$766,154
$1,000,000
$7,661,538
Inflation by spending category, 1933–1983
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1933 spending costs in 1983, by category:
Category
Avg. yearly inflation
$100 in 1933 →
All items (CPI-U)
4.16%
$766
Food
4.62%
$956
Apparel
3.40%
$533
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–).
Long periods are sampled every 2 years; the calculator above covers any pair of years.
Cite this page
MLA: “Inflation from 1933 to 1983: $100 is worth $766 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1933-to-1983/
APA: InflationCalculator.com. Inflation from 1933 to 1983. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1933-to-1983/