U.S. inflation · 1936–1968

Value of $100 in 1936, adjusted to 1968

$100 in 1936 is worth $250 in 1968, because prices increased 150.4% over that period, an average of 2.91% a year.

$100 in 1936 has the same buying power as

$250

in 1968

$100$175$25019361944195219601968$100 · 1936$250 · 1968
Detailed inflation statistics
Cumulative price change150.4%
Average inflation rate2.91% per year
Converted amount ($100 base)$250
Price difference ($100 base)$150
CPI in 193613.9
CPI in 196834.8
Inflation in 19361.46%
Inflation in 19684.19%
$100 in 1936 → 1968$250
$100 in 1968 → 1936$39.94

What happened to prices between 1936 and 1968

Between 1936 and 1968, the Consumer Price Index went from 13.9 to 34.8. Cumulatively, prices increased 150.4%, which works out to an average of 2.91% per year. Put differently, a dollar in 1936 bought what $0.40 buys in 1968: the 1936 dollar lost 60.1% of its purchasing power over these 32 years.

Consumer prices rose 1.5% in 1936, a third straight annual increase and part of a slow, steady climb back from the 1933 trough, though prices and the broader economy still had not fully recovered to their pre-Depression levels. Voters delivered their verdict on that recovery in November, reelecting Franklin D. Roosevelt over Republican Alf Landon in one of the most lopsided elections in U.S. history: Roosevelt carried 46 of 48 states and won the Electoral College 523 to 8, a broad public endorsement of the New Deal. Public works kept advancing that year, too. Hoover Dam, one of the era’s signature projects, had been dedicated in September 1935, but its first generators did not begin sending electricity over transmission lines to Los Angeles until October 1936, a milestone that showed how long even a celebrated project took to reach full operation. Consumer prices ended the year 40.4% above their 1913 level, still 18.7% below the 1929 peak, a gap that would keep narrowing until a sharp new recession interrupted the recovery the following year. First-class postage held at 3 cents.

More about inflation in 1936 →

Common amounts: 1936 dollars in 1968

Every 1936 amount converts to 1968 at the same ratio, 2.50: $1,000 becomes $2,504, and $10,000 becomes $25,036.

Amount in 1936Value in 1968
$1.00$2.50
$5.00$12.52
$10.00$25.04
$20.00$50.07
$50.00$125
$100$250
$500$1,252
$1,000$2,504
$5,000$12,518
$10,000$25,036
$100,000$250,360
$1,000,000$2,503,597

Inflation by spending category, 1936–1968

Between 1936 and 1968, medical care rose the most, up 193.1%, while transportation rose the least, up 139.9%, against 150.4% for all items. The headline number is an average; here is what $100 of 1936 spending costs in 1968, by category:

Category Avg. yearly inflation $100 in 1936 →
All items (CPI-U) 2.91% $250
Medical care 3.42% $293
Food 3.27% $280
Apparel 2.98% $256
Transportation 2.77% $240

Not shown because the BLS began these indexes after 1936: core (all items less food & energy) (1957–), energy (1957–), housing (1967–), recreation (1993–), education & communication (1993–).

Decade by decade: 1936 to 1968

Prices climbed fastest in the 1940s, averaging 5.58% a year, and slowest in the 1930s (0.18% a year). Each step below chains into the full 1936–1968 change:

Years Avg. yearly inflation Price change $100 from 1936, at end
1936–1940 0.18% 0.7% $101
1940–1950 5.58% 72.1% $173
1950–1960 2.08% 22.8% $213
1960–1968 2.04% 17.6% $250

Year by year: CPI and the value of $100 from 1936

$100 from 1936 had already become $191 by 1952, on its way to $250 in 1968; 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 1936
1936 13.9 1.5% $100
1938 14.1 -2.1% $101
1940 14 0.7% $101
1942 16.3 10.9% $117
1944 17.6 1.7% $127
1946 19.5 8.3% $140
1948 24.1 8.1% $173
1950 24.1 1.3% $173
1952 26.5 1.9% $191
1954 26.9 0.7% $194
1956 27.2 1.5% $196
1958 28.9 2.8% $208
1960 29.6 1.7% $213
1962 30.2 1.0% $217
1964 31 1.3% $223
1966 32.4 2.9% $233
1968 34.8 4.2% $250

Long periods are sampled every 2 years; the calculator above covers any pair of years.

The destination year: 1968

In 1968, prices rose 4.2% and $100 from 1936 had the buying power of $250; the year's average CPI of 34.8 is the level behind every 1968 figure on this page.

Consumer prices rose 4.2% in 1968, up sharply from 1967’s 3.1% and the fastest pace in 17 years, as Vietnam War spending and a tight labor market pushed inflation higher despite the Federal Reserve’s earlier tightening. The year was marked by political violence: Martin Luther King Jr. was assassinated on a motel balcony in Memphis on April 4, touching off rioting in more than 100 cities, and Robert F. Kennedy was shot in Los Angeles on June 5, moments after winning California’s Democratic presidential primary, and died the next day. Washington tried to answer the inflation problem directly that June 28, when Congress passed a 10% income tax surcharge, the Revenue and Expenditure Control Act, temporarily raising taxes and cutting spending to cool an economy overheated by war and Great Society outlays; prices kept accelerating anyway. The cost of living rose in smaller, more visible ways too: first-class postage climbed to 6 cents that January 7, and the minimum wage rose to $1.60 an hour that February 1, the final step of the increase Congress had set two years earlier. Consumer prices finished 1968 251.5% above their 1913 level.

More about inflation in 1968 →

Cite this page

MLA: “Inflation from 1936 to 1968: $100 is worth $250 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1936-to-1968/

APA: InflationCalculator.com. Inflation from 1936 to 1968. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1936-to-1968/

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.