Between 1937 and 2021, the Consumer Price Index went from 14.4 to 270.97.
Cumulatively, prices increased 1781.7%, which works out to an average of
3.56% per year. Put differently, a dollar in 1937 bought what
$0.05 buys in 2021.
Common amounts: 1937 dollars in 2021
Amount in 1937
Value in 2021
$1.00
$18.82
$5.00
$94.09
$10.00
$188
$20.00
$376
$50.00
$941
$100
$1,882
$500
$9,409
$1,000
$18,817
$5,000
$94,087
$10,000
$188,174
$100,000
$1,881,736
$1,000,000
$18,817,361
Inflation by spending category, 1937–2021
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1937 spending costs in 2021, by category:
Category
Avg. yearly inflation
$100 in 1937 →
All items (CPI-U)
3.56%
$1,882
Medical care
4.79%
$5,100
Food
3.70%
$2,120
Transportation
3.35%
$1,591
Apparel
2.05%
$550
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 2021: $100 is worth $1,882 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1937-to-2021/
APA: InflationCalculator.com. Inflation from 1937 to 2021. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1937-to-2021/