Between 1937 and 1975, the Consumer Price Index went from 14.4 to 53.8.
Cumulatively, prices increased 273.6%, which works out to an average of
3.53% per year. Put differently, a dollar in 1937 bought what
$0.27 buys in 1975.
Common amounts: 1937 dollars in 1975
Amount in 1937
Value in 1975
$1.00
$3.74
$5.00
$18.68
$10.00
$37.36
$20.00
$74.72
$50.00
$187
$100
$374
$500
$1,868
$1,000
$3,736
$5,000
$18,681
$10,000
$37,361
$100,000
$373,611
$1,000,000
$3,736,111
Inflation by spending category, 1937–1975
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1937 spending costs in 1975, by category:
Category
Avg. yearly inflation
$100 in 1937 →
All items (CPI-U)
3.53%
$374
Medical care
4.10%
$461
Food
4.08%
$456
Transportation
3.32%
$346
Apparel
3.19%
$330
Not shown because the BLS began these indexes after 1937: core (all items less food & energy) (1957–), energy (1957–), housing (1967–), recreation (1993–), education & communication (1993–).
Long periods are sampled every 2 years; the calculator above covers any pair of years.
Cite this page
MLA: “Inflation from 1937 to 1975: $100 is worth $374 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1937-to-1975/
APA: InflationCalculator.com. Inflation from 1937 to 1975. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1937-to-1975/