$1 in 1930 is equivalent in purchasing power to about $1.02 in 1929. The dollar had an average deflation rate of -2.34% per year since 1929, producing a cumulative price change of 2.40%.
This means that prices in 1929 are 1.02 times as high as average prices since 1930, according to the Bureau of Labor Statistics consumer price index.
The inflation rate in 1929 was 0.00%. The inflation rate in 1930 was -2.34%. The 1930 inflation rate is lower compared to the average inflation rate of 3.16% per year between 1930 and 2025.
Average inflation rate | -2.34% |
Converted amount $1 base | $1.02 |
Price difference $1 base | $0.02 |
CPI in 1930 | 16.700 |
CPI in 1929 | 17.100 |
Inflation in 1929 | 0.00% |
Inflation in 1930 | -2.34% |
$1 in 1930 | $1.02 in 1929 |
Inflation can vary widely by city, even within the United States. Here's how some cities fared in 1930 to 1929 (figures shown are purchasing power equivalents of $1):
Seattle, Washington experienced the highest rate of inflation during the 1 years between 1929 and 1930 (-0.32%).
Atlanta, Georgia experienced the lowest rate of inflation during the 1 years between 1929 and 1930 (-2.86%).
Note that some locations showing 0% inflation may have not yet reported latest data.
Inflation can also vary widely by country. For comparison, in the UK £1.00 in 1930 would be equivalent to £1.03 in 1929, an absolute change of £0.03 and a cumulative change of 2.89%.
In Canada, CA$1.00 in 1930 would be equivalent to CA$1.01 in 1929, an absolute change of CA$0.01 and a cumulative change of 1.00%.
Compare these numbers to the US's overall absolute change of $0.02 and total percent change of 2.40%.
CPI is the weighted combination of many categories of spending that are tracked by the government. Breaking down these categories helps explain the main drivers behind price changes.
This chart shows the average rate of inflation for select CPI categories between 1930 and 1929.
Compare these values to the overall average of -2.34% per year:
Category | Avg Inflation (%) | Total Inflation (%) | $1 in 1929 → 1930 |
---|---|---|---|
Food and beverages | 0.00 | 0.00 | 1.00 |
Housing | 0.00 | 0.00 | 1.00 |
Apparel | -2.43 | -2.43 | 0.98 |
Transportation | 0.00 | 0.00 | 1.00 |
Medical care | 0.00 | 0.00 | 1.00 |
Recreation | 0.00 | 0.00 | 1.00 |
Education and communication | 0.00 | 0.00 | 1.00 |
Other goods and services | 0.00 | 0.00 | 1.00 |
For all these visualizations, it's important to note that not all categories may have been tracked since 1930. This table and charts use the earliest available data for each category.
Our calculations use the following inflation rate formula to calculate the change in value between 1929 and 1930:
Then plug in historical CPI values. The U.S. CPI was 16.7 in the year 1930 and 17.1 in 1929:
$1 in 1930 has the same "purchasing power" or "buying power" as $1.02 in 1929.
To get the total inflation rate for the 1 years between 1929 and 1930, we use the following formula:
Plugging in the values to this equation, we get:
Raw data for these calculations comes from the Bureau of Labor Statistics' Consumer Price Index (CPI), established in 1913. Price index data from 1774 to 1912 is sourced from a historical study conducted by political science professor Robert Sahr at Oregon State University and from the American Antiquarian Society. Price index data from 1634 to 1773 is from the American Antiquarian Society, using British pound equivalents.
You may use the following MLA citation for this page: “$1 in 1930 → 1929 | Inflation Calculator.” Official Inflation Data, Alioth Finance, 11 May. 2025, https://www.officialdata.org/us/inflation/1930?amount=1&endYear=1929.
Special thanks to QuickChart for their chart image API, which is used for chart downloads.
Average inflation rate | -2.34% |
Converted amount $1 base | $1.02 |
Price difference $1 base | $0.02 |
CPI in 1930 | 16.700 |
CPI in 1929 | 17.100 |
Inflation in 1929 | 0.00% |
Inflation in 1930 | -2.34% |
$1 in 1930 | $1.02 in 1929 |