U.S. inflation · 1936–1977

Value of $100 in 1936, adjusted to 1977

$100 in 1936 is worth $436 in 1977, because prices increased 336.0% over that period, an average of 3.66% a year.

$100 in 1936 has the same buying power as

$436

in 1977

$100$268$43619361946195719671977$100 · 1936$436 · 1977
Detailed inflation statistics
Cumulative price change336.0%
Average inflation rate3.66% per year
Converted amount ($100 base)$436
Price difference ($100 base)$336
CPI in 193613.9
CPI in 197760.6
Inflation in 19361.46%
Inflation in 19776.50%
$100 in 1936 → 1977$436
$100 in 1977 → 1936$22.94

What happened to prices between 1936 and 1977

Between 1936 and 1977, the Consumer Price Index went from 13.9 to 60.6. Cumulatively, prices increased 336.0%, which works out to an average of 3.66% per year. Put differently, a dollar in 1936 bought what $0.23 buys in 1977: the 1936 dollar lost 77.1% of its purchasing power over these 41 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 1977

Every 1936 amount converts to 1977 at the same ratio, 4.36: $1,000 becomes $4,360, and $10,000 becomes $43,597.

Amount in 1936Value in 1977
$1.00$4.36
$5.00$21.80
$10.00$43.60
$20.00$87.19
$50.00$218
$100$436
$500$2,180
$1,000$4,360
$5,000$21,799
$10,000$43,597
$100,000$435,971
$1,000,000$4,359,712

Inflation by spending category, 1936–1977

Between 1936 and 1977, medical care rose the most, up 458.8%, while apparel rose the least, up 274.3%, against 336.0% for all items. The headline number is an average; here is what $100 of 1936 spending costs in 1977, by category:

Category Avg. yearly inflation $100 in 1936 →
All items (CPI-U) 3.66% $436
Medical care 4.29% $559
Food 4.10% $520
Transportation 3.52% $413
Apparel 3.27% $374

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 1977

Prices climbed fastest in the 1970s, averaging 6.58% a year, and slowest in the 1930s (0.18% a year). Each step below chains into the full 1936–1977 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
1960–1970 2.74% 31.1% $279
1970–1977 6.58% 56.2% $436

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

$100 from 1936 had already become $196 by 1956, on its way to $436 in 1977; 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
1970 38.8 5.7% $279
1972 41.8 3.2% $301
1974 49.3 11.0% $355
1976 56.9 5.8% $409
1977 60.6 6.5% $436

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

The destination year: 1977

In 1977, prices rose 6.5% and $100 from 1936 had the buying power of $436; the year's average CPI of 60.6 is the level behind every 1977 figure on this page.

Consumer prices rose 6.5% in 1977, ticking back up from 1976’s 5.8% as the economic recovery strengthened, wages climbed, and energy costs pushed higher again. The year opened with a warning about that energy dependence: record cold across the Midwest and Northeast in January and February strained natural gas supplies so badly that schools and factories in several states shut down for days to conserve fuel. Jimmy Carter, inaugurated that January, made energy policy a centerpiece of his presidency, and Congress created the cabinet-level Department of Energy that August to consolidate programs built up piecemeal since the 1973 oil embargo. Culture offered some relief from the anxiety: released that May, Star Wars became the highest-grossing film in history to that point, drawing lines around theater blocks for months. The year also closed an era in a different way. Elvis Presley was found dead at his Graceland home on August 16 at age 42, drawing tens of thousands of mourners to Memphis. A median household earned $13,572 in 1977, a new home sold for a median $48,800, and gas averaged 62 cents a gallon. Consumer prices stood 512.1% above their 1913 level, with the energy anxieties of the year setting up the harder shocks of 1978 and 1979.

More about inflation in 1977 →

Cite this page

MLA: “Inflation from 1936 to 1977: $100 is worth $436 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1936-to-1977/

APA: InflationCalculator.com. Inflation from 1936 to 1977. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1936-to-1977/

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.