U.S. inflation · 1935–1973
$100 in 1935 has the same buying power as
$324
in 1973
| Cumulative price change | 224.1% |
|---|---|
| Average inflation rate | 3.14% per year |
| Converted amount ($100 base) | $324 |
| Price difference ($100 base) | $224 |
| CPI in 1935 | 13.7 |
| CPI in 1973 | 44.4 |
| Inflation in 1935 | 2.24% |
| Inflation in 1973 | 6.22% |
| $100 in 1935 → 1973 | $324 |
| $100 in 1973 → 1935 | $30.86 |
Between 1935 and 1973, the Consumer Price Index went from 13.7 to 44.4. Cumulatively, prices increased 224.1%, which works out to an average of 3.14% per year. Put differently, a dollar in 1935 bought what $0.31 buys in 1973.
| Amount in 1935 | Value in 1973 |
|---|---|
| $1.00 | $3.24 |
| $5.00 | $16.20 |
| $10.00 | $32.41 |
| $20.00 | $64.82 |
| $50.00 | $162 |
| $100 | $324 |
| $500 | $1,620 |
| $1,000 | $3,241 |
| $5,000 | $16,204 |
| $10,000 | $32,409 |
| $100,000 | $324,088 |
| $1,000,000 | $3,240,876 |
The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 1935 spending costs in 1973, by category:
| Category | Avg. yearly inflation | $100 in 1935 → |
|---|---|---|
| All items (CPI-U) | 3.14% | $324 |
| Food | 3.64% | $389 |
| Medical care | 3.58% | $380 |
| Apparel | 3.03% | $311 |
| Transportation | 2.84% | $290 |
Not shown because the BLS began these indexes after 1935: core (all items less food & energy) (1957–), energy (1957–), housing (1967–), recreation (1993–), education & communication (1993–).
| Year | CPI | Inflation rate | $100 from 1935 |
|---|---|---|---|
| 1935 | 13.7 | 2.2% | $100 |
| 1937 | 14.4 | 3.6% | $105 |
| 1939 | 13.9 | -1.4% | $101 |
| 1941 | 14.7 | 5.0% | $107 |
| 1943 | 17.3 | 6.1% | $126 |
| 1945 | 18 | 2.3% | $131 |
| 1947 | 22.3 | 14.4% | $163 |
| 1949 | 23.8 | -1.2% | $174 |
| 1951 | 26 | 7.9% | $190 |
| 1953 | 26.7 | 0.8% | $195 |
| 1955 | 26.8 | -0.4% | $196 |
| 1957 | 28.1 | 3.3% | $205 |
| 1959 | 29.1 | 0.7% | $212 |
| 1961 | 29.9 | 1.0% | $218 |
| 1963 | 30.6 | 1.3% | $223 |
| 1965 | 31.5 | 1.6% | $230 |
| 1967 | 33.4 | 3.1% | $244 |
| 1969 | 36.7 | 5.5% | $268 |
| 1971 | 40.5 | 4.4% | $296 |
| 1973 | 44.4 | 6.2% | $324 |
Long periods are sampled every 2 years; the calculator above covers any pair of years.
MLA: “Inflation from 1935 to 1973: $100 is worth $324 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1935-to-1973/
APA: InflationCalculator.com. Inflation from 1935 to 1973. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1935-to-1973/
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.