U.S. inflation · 1937–2025

Value of $100 in 1937, adjusted to 2025

$100 in 1937 is worth $2,236 in 2025, because prices increased 2135.7% over that period, an average of 3.59% a year.

$100 in 1937 has the same buying power as

$2,236

in 2025

$97$1.2k$2.2k19371959198120032025$100 · 1937$2.2k · 2025
Detailed inflation statistics
Cumulative price change2135.7%
Average inflation rate3.59% per year
Converted amount ($100 base)$2,236
Price difference ($100 base)$2,136
CPI in 193714.4
CPI in 2025321.943
Inflation in 19373.60%
Inflation in 20252.63%
$100 in 1937 → 2025$2,236
$100 in 2025 → 1937$4.47

What happened to prices between 1937 and 2025

Between 1937 and 2025, the Consumer Price Index went from 14.4 to 321.943. Cumulatively, prices increased 2135.7%, which works out to an average of 3.59% per year. Put differently, a dollar in 1937 bought what $0.04 buys in 2025: the 1937 dollar lost 95.5% of its purchasing power over these 88 years.

Consumer prices rose 3.6% in 1937, the fastest pace since before the Depression and the fourth straight year of gains, leaving prices 10.8% above their 1933 trough though still 15.8% below the 1929 peak. The recovery did not last the year. The National Bureau of Economic Research dates a new business cycle peak to that May, the start of what became known as the Recession of 1937-38. Policy tightened on two fronts at once: the Federal Reserve had doubled bank reserve requirements over the preceding year to head off inflation it worried was building, and the federal government pulled back its own spending even as new Social Security payroll taxes began draining money from paychecks months before the first benefit checks went out. Together they choked off a recovery that had not yet reached its pre-Depression footing. Not every milestone that year was economic. The Golden Gate Bridge opened to traffic on May 27 after four years of construction, at the time the longest suspension bridge span in the world, a rare bright spot in a year that would end with the economy sliding backward again. First-class postage held at 3 cents.

More about inflation in 1937 →

Common amounts: 1937 dollars in 2025

Every 1937 amount converts to 2025 at the same ratio, 22.36: $1,000 becomes $22,357, and $10,000 becomes $223,572.

Amount in 1937Value in 2025
$1.00$22.36
$5.00$112
$10.00$224
$20.00$447
$50.00$1,118
$100$2,236
$500$11,179
$1,000$22,357
$5,000$111,786
$10,000$223,572
$100,000$2,235,715
$1,000,000$22,357,153

Inflation by spending category, 1937–2025

Between 1937 and 2025, medical care rose the most, up 5532.1%, while apparel rose the least, up 496.9%, against 2135.7% for all items. The headline number is an average; here is what $100 of 1937 spending costs in 2025, by category:

Category Avg. yearly inflation $100 in 1937 →
All items (CPI-U) 3.59% $2,236
Medical care 4.69% $5,632
Food 3.77% $2,592
Transportation 3.39% $1,877
Apparel 2.05% $597

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–).

Decade by decade: 1937 to 2025

Prices climbed fastest in the 1970s, averaging 7.82% a year, and fell in the 1930s (0.9% a year). Each step below chains into the full 1937–2025 change:

Years Avg. yearly inflation Price change $100 from 1937, at end
1937–1940 -0.93% -2.8% $97.22
1940–1950 5.58% 72.1% $167
1950–1960 2.08% 22.8% $206
1960–1970 2.74% 31.1% $269
1970–1980 7.82% 112.4% $572
1980–1990 4.72% 58.6% $908
1990–2000 2.80% 31.8% $1,196
2000–2010 2.39% 26.6% $1,514
2010–2020 1.73% 18.7% $1,797
2020–2025 4.46% 24.4% $2,236

Year by year: CPI and the value of $100 from 1937

$100 from 1937 had already become $670 by 1982, on its way to $2,236 in 2025; each row shows the CPI, that year's inflation rate, and the running value. Within the span, inflation peaked at 14.4% in 1947, and prices fell 2.1% in 1938, the deepest deflation of the period.

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
2012 229.594 2.1% $1,594
2017 245.12 2.1% $1,702
2022 292.655 8.0% $2,032
2025 321.943 2.6% $2,236

Long periods are sampled every 5 years; the calculator above covers any pair of years.

The destination year: 2025

In 2025, prices rose 2.6% and $100 from 1937 had the buying power of $2,236; the year's average CPI of 321.943 is the level behind every 2025 figure on this page.

2025 was a year of trade policy and data disruptions rather than an inflation surge. Consumer prices rose 2.6% on average, a step down from 2024’s 2.9% and well below the 8.0% of 2022. Tariffs announced in April pushed up prices for some imported goods, including furniture, apparel, and auto parts, but the effect on the overall index was smaller than many forecasters feared at the start of the year, in part because retailers absorbed some of the cost and demand for services stayed steady.

The Federal Reserve held its policy rate steady through the first half of the year, then began cutting again in September, lowering it in three quarter-point steps to 3.50–3.75% by December.

The federal government shutdown that began October 1 lasted 43 days, and the Bureau of Labor Statistics did not publish a CPI for October 2025 because the survey data could not be collected. The federal minimum wage stayed at $7.25, and a first-class stamp rose to 78 cents in July.

More about inflation in 2025 →

Cite this page

MLA: “Inflation from 1937 to 2025: $100 is worth $2,236 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1937-to-2025/

APA: InflationCalculator.com. Inflation from 1937 to 2025. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1937-to-2025/

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.