Between 1938 and 2010, the Consumer Price Index went from 14.1 to 218.056.
Cumulatively, prices increased 1446.5%, which works out to an average of
3.88% per year. Put differently, a dollar in 1938 bought what
$0.06 buys in 2010.
Common amounts: 1938 dollars in 2010
Amount in 1938
Value in 2010
$1.00
$15.46
$5.00
$77.32
$10.00
$155
$20.00
$309
$50.00
$773
$100
$1,546
$500
$7,732
$1,000
$15,465
$5,000
$77,325
$10,000
$154,650
$100,000
$1,546,496
$1,000,000
$15,464,965
Inflation by spending category, 1938–2010
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1938 spending costs in 2010, by category:
Category
Avg. yearly inflation
$100 in 1938 →
All items (CPI-U)
3.88%
$1,546
Medical care
5.17%
$3,771
Food
4.11%
$1,815
Transportation
3.65%
$1,325
Apparel
2.38%
$546
Not shown because the BLS began these indexes after 1938: 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 1938 to 2010: $100 is worth $1,546 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1938-to-2010/
APA: InflationCalculator.com. Inflation from 1938 to 2010. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1938-to-2010/