Between 1937 and 1982, the Consumer Price Index went from 14.4 to 96.5.
Cumulatively, prices increased 570.1%, which works out to an average of
4.32% per year. Put differently, a dollar in 1937 bought what
$0.15 buys in 1982.
Common amounts: 1937 dollars in 1982
Amount in 1937
Value in 1982
$1.00
$6.70
$5.00
$33.51
$10.00
$67.01
$20.00
$134
$50.00
$335
$100
$670
$500
$3,351
$1,000
$6,701
$5,000
$33,507
$10,000
$67,014
$100,000
$670,139
$1,000,000
$6,701,389
Inflation by spending category, 1937–1982
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1937 spending costs in 1982, by category:
Category
Avg. yearly inflation
$100 in 1937 →
All items (CPI-U)
4.32%
$670
Medical care
5.00%
$898
Food
4.56%
$744
Transportation
4.31%
$669
Apparel
3.37%
$445
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 1982: $100 is worth $670 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1937-to-1982/
APA: InflationCalculator.com. Inflation from 1937 to 1982. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1937-to-1982/