$100 in 1927 is equivalent in purchasing power to about $1,154.32 in 2004, an increase of $1,054.32 over 77 years. The dollar had an average inflation rate of 3.23% per year between 1927 and 2004, producing a cumulative price increase of 1,054.32%.
This means that prices in 2004 are 11.54 times as high as average prices since 1927, according to Statistics Canada consumer price index.
The inflation rate in 1927 was -1.45%. The inflation rate in 2004 was 1.86%. The 2004 inflation rate is lower compared to the average inflation rate of 2.11% per year between 2004 and 2024.
Cumulative price change | 1,054.32% |
Average inflation rate | 3.23% |
Converted amount $100 base | $1,154.32 |
Price difference $100 base | $1,054.32 |
CPI in 1927 | 9.067 |
CPI in 2004 | 104.658 |
Inflation in 1927 | -1.45% |
Inflation in 2004 | 1.86% |
$100 in 1927 | $1,154.32 in 2004 |
This chart shows a calculation of buying power equivalence for $100 in 1927 (price index tracking began in 1914).
For example, if you started with $100, you would need to end with $1,154.32 in order to "adjust" for inflation (sometimes refered to as "beating inflation").
When $100 is equivalent to $1,154.32 over time, that means that the "real value" of a single Canadian dollar decreases over time. In other words, a dollar will pay for fewer items at the store.
This effect explains how inflation erodes the value of a dollar over time. By calculating the value in 1927 dollars, the chart below shows how $100 is worth less over 77 years.
According to Statistics Canada, each of these CAD amounts below is equal in terms of what it could buy at the time:
This conversion table shows various other 1927 amounts in 2004 dollars, based on the 1,054.32% change in prices:
Initial value | Equivalent value |
---|---|
$1 dollar in 1927 | $11.54 dollars in 2004 |
$5 dollars in 1927 | $57.72 dollars in 2004 |
$10 dollars in 1927 | $115.43 dollars in 2004 |
$50 dollars in 1927 | $577.16 dollars in 2004 |
$100 dollars in 1927 | $1,154.32 dollars in 2004 |
$500 dollars in 1927 | $5,771.60 dollars in 2004 |
$1,000 dollars in 1927 | $11,543.20 dollars in 2004 |
$5,000 dollars in 1927 | $57,715.99 dollars in 2004 |
$10,000 dollars in 1927 | $115,431.99 dollars in 2004 |
$50,000 dollars in 1927 | $577,159.93 dollars in 2004 |
$100,000 dollars in 1927 | $1,154,319.85 dollars in 2004 |
$500,000 dollars in 1927 | $5,771,599.26 dollars in 2004 |
$1,000,000 dollars in 1927 | $11,543,198.53 dollars in 2004 |
Our calculations use the following inflation rate formula to calculate the change in value between 1927 and 2004:
Then plug in historical CPI values. The Canadian CPI was 9.066666667 in the year 1927 and 104.6583333 in 2004:
$100 in 1927 has the same "purchasing power" or "buying power" as $1,154.32 in 2004.
To get the total inflation rate for the 77 years between 1927 and 2004, we use the following formula:
Plugging in the values to this equation, we get:
Raw data for these calculations comes from the government of Canada's annual Consumer Price Index (CPI), established in 1914 and computed by Statistics Canada (StatCan).
You may use the following MLA citation for this page: “1927 dollars in 2004 | Canada Inflation Calculator.” Official Inflation Data, Alioth Finance, 25 Apr. 2024, https://www.officialdata.org/1927-CAD-in-2004.
Special thanks to QuickChart for their chart image API, which is used for chart downloads.
in2013dollars.com is a reference website maintained by the Official Data Foundation.
Cumulative price change | 1,054.32% |
Average inflation rate | 3.23% |
Converted amount $100 base | $1,154.32 |
Price difference $100 base | $1,054.32 |
CPI in 1927 | 9.067 |
CPI in 2004 | 104.658 |
Inflation in 1927 | -1.45% |
Inflation in 2004 | 1.86% |
$100 in 1927 | $1,154.32 in 2004 |