$100 in 1933 is worth $1,595 in 2007,
because prices increased 1494.9% over that period, an average of
3.81% a year.
$100 in 1933 has
the same buying power as
$1,595
in 2007
Detailed inflation statistics
Cumulative price change
1494.9%
Average inflation rate
3.81% per year
Converted amount ($100 base)
$1,595
Price difference ($100 base)
$1,495
CPI in 1933
13
CPI in 2007
207.342
Inflation in 1933
-5.11%
Inflation in 2007
2.85%
$100 in 1933 → 2007
$1,595
$100 in 2007 → 1933
$6.27
What happened to prices between 1933 and 2007
Between 1933 and 2007, the Consumer Price Index went from 13 to 207.342.
Cumulatively, prices increased 1494.9%, which works out to an average of
3.81% per year. Put differently, a dollar in 1933 bought what
$0.06 buys in 2007: the 1933 dollar
lost 93.7% of its purchasing power over
these 74 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.
Every 1933 amount converts to 2007 at the same ratio, 15.95: $1,000 becomes
$15,949, and $10,000 becomes $159,494.
Amount in 1933
Value in 2007
$1.00
$15.95
$5.00
$79.75
$10.00
$159
$20.00
$319
$50.00
$797
$100
$1,595
$500
$7,975
$1,000
$15,949
$5,000
$79,747
$10,000
$159,494
$100,000
$1,594,938
$1,000,000
$15,949,385
Inflation by spending category, 1933–2007
Between 1933 and 2007, food rose the most, up 1851.1%, while apparel rose the least, up 533.0%, against 1494.9% for all items. The headline number is an average; here is what $100 of 1933
spending costs in 2007, by category:
Category
Avg. yearly inflation
$100 in 1933 →
All items (CPI-U)
3.81%
$1,595
Food
4.10%
$1,951
Apparel
2.52%
$633
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 2007
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 1933–2007 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
1990–2000
2.80%
31.8%
$1,325
2000–2007
2.69%
20.4%
$1,595
Year by year: CPI and the value of $100 from 1933
$100 from 1933 had already become $268 by
1968, on its way to $1,595 in 2007; 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.
Long periods are sampled every 5 years; the calculator above covers any pair of years.
The destination year: 2007
In 2007, prices rose 2.8% and $100 from 1933 had the buying
power of $1,595; the year's average CPI of 207.342 is the level
behind every 2007 figure on this page.
Inflation was 2.8% in 2007, with gasoline averaging $2.80 a gallon, but the year is better
known for what began underneath prices. In August, French bank BNP Paribas froze funds tied to
U.S. subprime mortgages, and credit between banks tightened. The Federal Reserve responded with
a half-point cut on September 18, its first in four years, and took the policy rate from 5.25% to
4.25% by December. The economy peaked that month, by the National Bureau of Economic Research’s
dating, and the Great Recession followed. The median household earned about $50,200, and the
median new home cost $247,900. Congress ended the decade-long freeze on the federal minimum wage
in May, with the first of three steps to $5.85 in July. A first-class stamp cost 41 cents.
MLA: “Inflation from 1933 to 2007: $100 is worth $1,595 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1933-to-2007/
APA: InflationCalculator.com. Inflation from 1933 to 2007. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1933-to-2007/