U.S. inflation · 1937–2008
$100 in 1937 has the same buying power as
$1,495
in 2008
| Cumulative price change | 1395.2% |
|---|---|
| Average inflation rate | 3.88% per year |
| Converted amount ($100 base) | $1,495 |
| Price difference ($100 base) | $1,395 |
| CPI in 1937 | 14.4 |
| CPI in 2008 | 215.303 |
| Inflation in 1937 | 3.60% |
| Inflation in 2008 | 3.84% |
| $100 in 1937 → 2008 | $1,495 |
| $100 in 2008 → 1937 | $6.69 |
Between 1937 and 2008, the Consumer Price Index went from 14.4 to 215.303. Cumulatively, prices increased 1395.2%, which works out to an average of 3.88% per year. Put differently, a dollar in 1937 bought what $0.07 buys in 2008.
| Amount in 1937 | Value in 2008 |
|---|---|
| $1.00 | $14.95 |
| $5.00 | $74.76 |
| $10.00 | $150 |
| $20.00 | $299 |
| $50.00 | $748 |
| $100 | $1,495 |
| $500 | $7,476 |
| $1,000 | $14,952 |
| $5,000 | $74,758 |
| $10,000 | $149,516 |
| $100,000 | $1,495,160 |
| $1,000,000 | $14,951,597 |
The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 1937 spending costs in 2008, by category:
| Category | Avg. yearly inflation | $100 in 1937 → |
|---|---|---|
| All items (CPI-U) | 3.88% | $1,495 |
| Medical care | 5.15% | $3,535 |
| Food | 4.01% | $1,634 |
| Transportation | 3.73% | $1,349 |
| Apparel | 2.40% | $540 |
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–).
| Year | CPI | Inflation rate | $100 from 1937 |
|---|---|---|---|
| 1937 | 14.4 | 3.6% | $100 |
| 1942 | 16.3 | 10.9% | $113 |
| 1947 | 22.3 | 14.4% | $155 |
| 1952 | 26.5 | 1.9% | $184 |
| 1957 | 28.1 | 3.3% | $195 |
| 1962 | 30.2 | 1.0% | $210 |
| 1967 | 33.4 | 3.1% | $232 |
| 1972 | 41.8 | 3.2% | $290 |
| 1977 | 60.6 | 6.5% | $421 |
| 1982 | 96.5 | 6.2% | $670 |
| 1987 | 113.6 | 3.6% | $789 |
| 1992 | 140.3 | 3.0% | $974 |
| 1997 | 160.5 | 2.3% | $1,115 |
| 2002 | 179.9 | 1.6% | $1,249 |
| 2007 | 207.342 | 2.8% | $1,440 |
| 2008 | 215.303 | 3.8% | $1,495 |
Long periods are sampled every 5 years; the calculator above covers any pair of years.
MLA: “Inflation from 1937 to 2008: $100 is worth $1,495 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1937-to-2008/
APA: InflationCalculator.com. Inflation from 1937 to 2008. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1937-to-2008/
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.