U.S. inflation rate in 1927: -1.69%

Inflation Calculator

$

Inflation since 1927 and its effect on dollar value

The consumer price index (CPI) in 1927 was 17.4. It was 17.7 in the previous year. This change in CPI is used by the Bureau of Labor Statistics to calculate inflation.

According to the Bureau of Labor Statistics consumer price index, the dollar experienced an average inflation rate of 2.98% per year. Prices in 2018 are 1345.9% higher than prices in 1927.

In other words, $100 in 1927 is equivalent in purchasing power to $1,445.92 in 2018, a difference of $1,345.92 over 91 years.

The current inflation rate is now 2.80%1. If this number holds, $100 today will be equivalent to $102.80 next year. The current inflation rate page gives more detail on the latest official inflation rates.

Inflation from 1927 to 2018
Cumulative price change 1345.92%
Average inflation rate 2.98%
Converted amount ($100 base) $1,445.92
Price difference ($100 base) $1,345.92
CPI in 1927 17.4
CPI in 2018 251.59


U.S. inflation from 1913 to 2018


Inflation rates for specific categories

Baby food · Jewelry · Medical care · More

Inflation-adjusted measures

S&P 500 price · S&P 500 earnings · Shiller P/E

How to calculate the inflation rate for $100 since 1927

This inflation calculator uses the following inflation rate formula:

CPI in 2018 / CPI in 1927 * 1927 USD value = 2018 USD value

Then plug in historical CPI values. The U.S. CPI was 17.4 in the year 1927 and 251.59 in 2018:

251.59 / 17.4 * $100 = $1,445.92

$100 in 1927 has the same "purchasing power" or "buying power" as $1,445.92 in 2018.


Here are calculations of buying power over time for $100 in 1927 (price index tracking began in 1913). Each of these USD amounts below is equivalent in terms of what it could buy at the time:
Year USD Value Inflation Rate
1927 $100.00 -1.69%
1928 $98.28 -1.72%
1929 $98.28 0.00%
1930 $95.98 -2.34%
1931 $87.36 -8.98%
1932 $78.74 -9.87%
1933 $74.71 -5.11%
1934 $77.01 3.08%
1935 $78.74 2.24%
1936 $79.89 1.46%
1937 $82.76 3.60%
1938 $81.03 -2.08%
1939 $79.89 -1.42%
1940 $80.46 0.72%
1941 $84.48 5.00%
1942 $93.68 10.88%
1943 $99.43 6.13%
1944 $101.15 1.73%
1945 $103.45 2.27%
1946 $112.07 8.33%
1947 $128.16 14.36%
1948 $138.51 8.07%
1949 $136.78 -1.24%
1950 $138.51 1.26%
1951 $149.43 7.88%
1952 $152.30 1.92%
1953 $153.45 0.75%
1954 $154.60 0.75%
1955 $154.02 -0.37%
1956 $156.32 1.49%
1957 $161.49 3.31%
1958 $166.09 2.85%
1959 $167.24 0.69%
1960 $170.11 1.72%
1961 $171.84 1.01%
1962 $173.56 1.00%
1963 $175.86 1.32%
1964 $178.16 1.31%
1965 $181.03 1.61%
1966 $186.21 2.86%
1967 $191.95 3.09%
1968 $200.00 4.19%
1969 $210.92 5.46%
1970 $222.99 5.72%
1971 $232.76 4.38%
1972 $240.23 3.21%
1973 $255.17 6.22%
1974 $283.33 11.04%
1975 $309.20 9.13%
1976 $327.01 5.76%
1977 $348.28 6.50%
1978 $374.71 7.59%
1979 $417.24 11.35%
1980 $473.56 13.50%
1981 $522.41 10.32%
1982 $554.60 6.16%
1983 $572.41 3.21%
1984 $597.13 4.32%
1985 $618.39 3.56%
1986 $629.89 1.86%
1987 $652.87 3.65%
1988 $679.89 4.14%
1989 $712.64 4.82%
1990 $751.15 5.40%
1991 $782.76 4.21%
1992 $806.32 3.01%
1993 $830.46 2.99%
1994 $851.72 2.56%
1995 $875.86 2.83%
1996 $901.72 2.95%
1997 $922.41 2.29%
1998 $936.78 1.56%
1999 $957.47 2.21%
2000 $989.66 3.36%
2001 $1,017.82 2.85%
2002 $1,033.91 1.58%
2003 $1,057.47 2.28%
2004 $1,085.63 2.66%
2005 $1,122.41 3.39%
2006 $1,158.62 3.23%
2007 $1,191.62 2.85%
2008 $1,237.37 3.84%
2009 $1,232.97 -0.36%
2010 $1,253.20 1.64%
2011 $1,292.75 3.16%
2012 $1,319.51 2.07%
2013 $1,338.83 1.46%
2014 $1,360.55 1.62%
2015 $1,362.17 0.12%
2016 $1,379.35 1.26%
2017 $1,406.82 1.99%
2018 $1,445.92 2.78%*
* Not final. See inflation summary for latest details.

News headlines from 1927

Politics and news often influence economic performance. Here's what was happening at the time:

  • The counter revolution begins in Shanghai by Kuomintang leader Chiang Kai-shek.
  • Charles Lindbergh completes the first non-stop flight over the Atlantic.
  • Saudi Arabia is granted its independence from Great Britain after signing the Treaty of Jeddah.

Inflation Data Source

Raw data for these calculations comes from the Bureau of Labor Statistics' (CPI), established in 1913. Inflation data from 1665 to 1912 is sourced from a historical study conducted by political science professor Robert Sahr at Oregon State University.

You may use the following MLA citation for this page: “Inflation Rate in 1927 | Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 13 Jun. 2018, https://www.officialdata.org/inflation-rate-in-1927.


» Read more about inflation.