Between 1937 and 2018, the Consumer Price Index went from 14.4 to 251.107.
Cumulatively, prices increased 1643.8%, which works out to an average of
3.59% per year. Put differently, a dollar in 1937 bought what
$0.06 buys in 2018.
Common amounts: 1937 dollars in 2018
Amount in 1937
Value in 2018
$1.00
$17.44
$5.00
$87.19
$10.00
$174
$20.00
$349
$50.00
$872
$100
$1,744
$500
$8,719
$1,000
$17,438
$5,000
$87,190
$10,000
$174,380
$100,000
$1,743,799
$1,000,000
$17,437,986
Inflation by spending category, 1937–2018
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1937 spending costs in 2018, by category:
Category
Avg. yearly inflation
$100 in 1937 →
All items (CPI-U)
3.59%
$1,744
Medical care
4.87%
$4,706
Food
3.73%
$1,936
Transportation
3.36%
$1,453
Apparel
2.17%
$571
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 2018: $100 is worth $1,744 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1937-to-2018/
APA: InflationCalculator.com. Inflation from 1937 to 2018. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1937-to-2018/