U.S. inflation rate in 1933: -5.11%

Inflation Calculator

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Inflation since 1933 and its effect on dollar value

The consumer price index (CPI) in 1933 was 13. It was 13.7 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 3.55% per year. Prices in 2018 are 1835.3% higher than prices in 1933.

In other words, $100 in 1933 is equivalent in purchasing power to $1,935.31 in 2018, a difference of $1,835.31 over 85 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 1933 to 2018
Cumulative price change 1835.31%
Average inflation rate 3.55%
Converted amount ($100 base) $1,935.31
Price difference ($100 base) $1,835.31
CPI in 1933 13
CPI in 2018 251.59


U.S. inflation from 1913 to 2018


Inflation rates for specific categories

Public transportation · Housing · Admission to sporting events · More

Inflation-adjusted measures

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

How to calculate the inflation rate for $100 since 1933

This inflation calculator uses the following inflation rate formula:

CPI in 2018 / CPI in 1933 * 1933 USD value = 2018 USD value

Then plug in historical CPI values. The U.S. CPI was 13 in the year 1933 and 251.59 in 2018:

251.59 / 13 * $100 = $1,935.31

$100 in 1933 has the same "purchasing power" or "buying power" as $1,935.31 in 2018.


Here are calculations of buying power over time for $100 in 1933 (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
1933 $100.00 -5.11%
1934 $103.08 3.08%
1935 $105.38 2.24%
1936 $106.92 1.46%
1937 $110.77 3.60%
1938 $108.46 -2.08%
1939 $106.92 -1.42%
1940 $107.69 0.72%
1941 $113.08 5.00%
1942 $125.38 10.88%
1943 $133.08 6.13%
1944 $135.38 1.73%
1945 $138.46 2.27%
1946 $150.00 8.33%
1947 $171.54 14.36%
1948 $185.38 8.07%
1949 $183.08 -1.24%
1950 $185.38 1.26%
1951 $200.00 7.88%
1952 $203.85 1.92%
1953 $205.38 0.75%
1954 $206.92 0.75%
1955 $206.15 -0.37%
1956 $209.23 1.49%
1957 $216.15 3.31%
1958 $222.31 2.85%
1959 $223.85 0.69%
1960 $227.69 1.72%
1961 $230.00 1.01%
1962 $232.31 1.00%
1963 $235.38 1.32%
1964 $238.46 1.31%
1965 $242.31 1.61%
1966 $249.23 2.86%
1967 $256.92 3.09%
1968 $267.69 4.19%
1969 $282.31 5.46%
1970 $298.46 5.72%
1971 $311.54 4.38%
1972 $321.54 3.21%
1973 $341.54 6.22%
1974 $379.23 11.04%
1975 $413.85 9.13%
1976 $437.69 5.76%
1977 $466.15 6.50%
1978 $501.54 7.59%
1979 $558.46 11.35%
1980 $633.85 13.50%
1981 $699.23 10.32%
1982 $742.31 6.16%
1983 $766.15 3.21%
1984 $799.23 4.32%
1985 $827.69 3.56%
1986 $843.08 1.86%
1987 $873.85 3.65%
1988 $910.00 4.14%
1989 $953.85 4.82%
1990 $1,005.38 5.40%
1991 $1,047.69 4.21%
1992 $1,079.23 3.01%
1993 $1,111.54 2.99%
1994 $1,140.00 2.56%
1995 $1,172.31 2.83%
1996 $1,206.92 2.95%
1997 $1,234.62 2.29%
1998 $1,253.85 1.56%
1999 $1,281.54 2.21%
2000 $1,324.62 3.36%
2001 $1,362.31 2.85%
2002 $1,383.85 1.58%
2003 $1,415.38 2.28%
2004 $1,453.08 2.66%
2005 $1,502.31 3.39%
2006 $1,550.77 3.23%
2007 $1,594.94 2.85%
2008 $1,656.18 3.84%
2009 $1,650.28 -0.36%
2010 $1,677.35 1.64%
2011 $1,730.30 3.16%
2012 $1,766.11 2.07%
2013 $1,791.98 1.46%
2014 $1,821.05 1.62%
2015 $1,823.21 0.12%
2016 $1,846.21 1.26%
2017 $1,882.97 1.99%
2018 $1,935.31 2.78%*
* Not final. See inflation summary for latest details.

News headlines from 1933

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

  • Coining of the name "Pakistan" by Choudhry Rahmat Ali, this is later accepted by Muslims in the Indian sub-continent who use it to push for a separate Muslim homeland in South Asia.
  • Adolf Hitler is appointed Reich Chancellor of Germany by President Paul von Hindenburg.
  • Franklin D. Roosevelt is inaugurated President of the United States.
  • The first Nazi concentration camp, Dachau, is completed.
  • The Nazi party is declared the only political party in Germany.

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 1933 | Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 14 Jun. 2018, https://www.officialdata.org/inflation-rate-in-1933.


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