U.S. inflation · 1933–1995

Value of $100 in 1933, adjusted to 1995

$100 in 1933 is worth $1,172 in 1995, because prices increased 1072.3% over that period, an average of 4.05% a year.

$100 in 1933 has the same buying power as

$1,172

in 1995

$100$636$1.2k19331949196419801995$100 · 1933$1.2k · 1995
Detailed inflation statistics
Cumulative price change1072.3%
Average inflation rate4.05% per year
Converted amount ($100 base)$1,172
Price difference ($100 base)$1,072
CPI in 193313
CPI in 1995152.4
Inflation in 1933-5.11%
Inflation in 19952.83%
$100 in 1933 → 1995$1,172
$100 in 1995 → 1933$8.53

What happened to prices between 1933 and 1995

Between 1933 and 1995, the Consumer Price Index went from 13 to 152.4. Cumulatively, prices increased 1072.3%, which works out to an average of 4.05% per year. Put differently, a dollar in 1933 bought what $0.09 buys in 1995: the 1933 dollar lost 91.5% of its purchasing power over these 62 years.

Consumer prices fell 5.1% in 1933, a smaller decline than 1932’s but enough to complete a four-year slide of 24.0% from the 1929 peak. The National Bureau of Economic Research dates the trough of that contraction to March 1933, closing out the longest downturn in its chronology, one that had run 43 months since August 1929. The bottom arrived alongside a change in government: Franklin D. Roosevelt was inaugurated March 4 and, within 48 hours, ordered every bank in the country closed to halt a fresh round of runs. Congress passed the Emergency Banking Act on March 9, letting solvent banks reopen under federal supervision, and the panic that had been building for months broke almost immediately. The administration moved on the currency next: Executive Order 6102, issued April 5, required Americans to turn in most gold coin, bullion, and certificates to the Federal Reserve, taking the country off the domestic gold standard (formal devaluation of the dollar followed the next January). Congress capped the year’s banking overhaul in June with the Banking Act of 1933, commonly called Glass-Steagall, which created the Federal Deposit Insurance Corporation and separated commercial banking from investment banking. Even after four straight years of falling prices, the CPI still stood 31.3% above its 1913 level. First-class postage held at 3 cents.

More about inflation in 1933 →

Common amounts: 1933 dollars in 1995

Every 1933 amount converts to 1995 at the same ratio, 11.72: $1,000 becomes $11,723, and $10,000 becomes $117,231.

Amount in 1933Value in 1995
$1.00$11.72
$5.00$58.62
$10.00$117
$20.00$234
$50.00$586
$100$1,172
$500$5,862
$1,000$11,723
$5,000$58,615
$10,000$117,231
$100,000$1,172,308
$1,000,000$11,723,077

Inflation by spending category, 1933–1995

Between 1933 and 1995, food rose the most, up 1326.9%, while apparel rose the least, up 602.1%, against 1072.3% for all items. The headline number is an average; here is what $100 of 1933 spending costs in 1995, by category:

Category Avg. yearly inflation $100 in 1933 →
All items (CPI-U) 4.05% $1,172
Food 4.38% $1,427
Apparel 3.19% $702

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–).

Decade by decade: 1933 to 1995

Prices climbed fastest in the 1970s, averaging 7.82% a year, and slowest in the 1930s (1.06% a year). Each step below chains into the full 1933–1995 change:

Years Avg. yearly inflation Price change $100 from 1933, at end
1933–1940 1.06% 7.7% $108
1940–1950 5.58% 72.1% $185
1950–1960 2.08% 22.8% $228
1960–1970 2.74% 31.1% $298
1970–1980 7.82% 112.4% $634
1980–1990 4.72% 58.6% $1,005
1990–1995 3.12% 16.6% $1,172

Year by year: CPI and the value of $100 from 1933

$100 from 1933 had already become $235 by 1963, on its way to $1,172 in 1995; each row shows the CPI, that year's inflation rate, and the running value. Within the span, inflation peaked at 14.4% in 1947, and prices fell 2.1% in 1938, the deepest deflation of the period.

Year CPI Inflation rate $100 from 1933
1933 13 -5.1% $100
1938 14.1 -2.1% $108
1943 17.3 6.1% $133
1948 24.1 8.1% $185
1953 26.7 0.8% $205
1958 28.9 2.8% $222
1963 30.6 1.3% $235
1968 34.8 4.2% $268
1973 44.4 6.2% $342
1978 65.2 7.6% $502
1983 99.6 3.2% $766
1988 118.3 4.1% $910
1993 144.5 3.0% $1,112
1995 152.4 2.8% $1,172

Long periods are sampled every 5 years; the calculator above covers any pair of years.

The destination year: 1995

In 1995, prices rose 2.8% and $100 from 1933 had the buying power of $1,172; the year's average CPI of 152.4 is the level behind every 1995 figure on this page.

In 1995, gas averaged $1.15 a gallon, a new home cost roughly $133,900, and the median household earned about $34,100. Inflation ran at 2.8% for the year, little changed from 1994, as the Federal Reserve shifted from raising rates to cutting them. Having lifted its policy rate six times the year before, the Fed judged by July that the economy had cooled enough on its own, and trimmed rates instead, an outcome economists would later point to as a rare soft landing. The year opened with a currency crisis: Mexico’s peso lost roughly half its value against the dollar in a matter of weeks, and the U.S. Treasury and the IMF assembled a $50 billion rescue package, controversial in Congress, to stabilize it and keep the crisis from spreading to other emerging markets. Closer to home, a budget standoff between President Clinton and the Republican Congress shut down federal agencies twice, first for five days in November and then for 21 days spanning December into January 1996, the longest shutdown up to that point. The Postal Service raised the cost of a first-class stamp to 32 cents in January. Low, steady inflation was about the only calm part of 1995’s economic story.

More about inflation in 1995 →

Cite this page

MLA: “Inflation from 1933 to 1995: $100 is worth $1,172 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1933-to-1995/

APA: InflationCalculator.com. Inflation from 1933 to 1995. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1933-to-1995/

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.