Between 1937 and 2014, the Consumer Price Index went from 14.4 to 236.736.
Cumulatively, prices increased 1544.0%, which works out to an average of
3.70% per year. Put differently, a dollar in 1937 bought what
$0.06 buys in 2014.
Common amounts: 1937 dollars in 2014
Amount in 1937
Value in 2014
$1.00
$16.44
$5.00
$82.20
$10.00
$164
$20.00
$329
$50.00
$822
$100
$1,644
$500
$8,220
$1,000
$16,440
$5,000
$82,200
$10,000
$164,400
$100,000
$1,644,000
$1,000,000
$16,440,000
Inflation by spending category, 1937–2014
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1937 spending costs in 2014, by category:
Category
Avg. yearly inflation
$100 in 1937 →
All items (CPI-U)
3.70%
$1,644
Medical care
4.98%
$4,226
Food
3.86%
$1,853
Transportation
3.57%
$1,489
Apparel
2.31%
$580
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 5 years; the calculator above covers any pair of years.
Cite this page
MLA: “Inflation from 1937 to 2014: $100 is worth $1,644 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1937-to-2014/
APA: InflationCalculator.com. Inflation from 1937 to 2014. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1937-to-2014/