Between 1937 and 2016, the Consumer Price Index went from 14.4 to 240.007.
Cumulatively, prices increased 1566.7%, which works out to an average of
3.63% per year. Put differently, a dollar in 1937 bought what
$0.06 buys in 2016.
Common amounts: 1937 dollars in 2016
Amount in 1937
Value in 2016
$1.00
$16.67
$5.00
$83.34
$10.00
$167
$20.00
$333
$50.00
$833
$100
$1,667
$500
$8,334
$1,000
$16,667
$5,000
$83,336
$10,000
$166,672
$100,000
$1,666,715
$1,000,000
$16,667,153
Inflation by spending category, 1937–2016
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1937 spending costs in 2016, by category:
Category
Avg. yearly inflation
$100 in 1937 →
All items (CPI-U)
3.63%
$1,667
Medical care
4.94%
$4,502
Food
3.79%
$1,893
Transportation
3.34%
$1,344
Apparel
2.23%
$573
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 2016: $100 is worth $1,667 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1937-to-2016/
APA: InflationCalculator.com. Inflation from 1937 to 2016. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1937-to-2016/