$100 in 1929 is equivalent in purchasing power to about $536.86 in 1981, an increase of $436.86 over 52 years. The dollar had an average inflation rate of 3.28% per year between 1929 and 1981, producing a cumulative price increase of 436.86%.
This means that prices in 1981 are 5.37 times as high as average prices since 1929, according to Statistics Canada consumer price index.
The inflation rate in 1929 was 1.00%. The inflation rate in 1981 was 12.47%. The 1981 inflation rate is higher compared to the average inflation rate of 2.75% per year between 1981 and 2024.
Cumulative price change | 436.86% |
Average inflation rate | 3.28% |
Converted amount $100 base | $536.86 |
Price difference $100 base | $436.86 |
CPI in 1929 | 9.225 |
CPI in 1981 | 49.525 |
Inflation in 1929 | 1.00% |
Inflation in 1981 | 12.47% |
$100 in 1929 | $536.86 in 1981 |
This chart shows a calculation of buying power equivalence for $100 in 1929 (price index tracking began in 1914).
For example, if you started with $100, you would need to end with $536.86 in order to "adjust" for inflation (sometimes refered to as "beating inflation").
When $100 is equivalent to $536.86 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 1929 dollars, the chart below shows how $100 is worth less over 52 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 1929 amounts in 1981 dollars, based on the 436.86% change in prices:
Initial value | Equivalent value |
---|---|
$1 dollar in 1929 | $5.37 dollars in 1981 |
$5 dollars in 1929 | $26.84 dollars in 1981 |
$10 dollars in 1929 | $53.69 dollars in 1981 |
$50 dollars in 1929 | $268.43 dollars in 1981 |
$100 dollars in 1929 | $536.86 dollars in 1981 |
$500 dollars in 1929 | $2,684.28 dollars in 1981 |
$1,000 dollars in 1929 | $5,368.56 dollars in 1981 |
$5,000 dollars in 1929 | $26,842.82 dollars in 1981 |
$10,000 dollars in 1929 | $53,685.64 dollars in 1981 |
$50,000 dollars in 1929 | $268,428.18 dollars in 1981 |
$100,000 dollars in 1929 | $536,856.37 dollars in 1981 |
$500,000 dollars in 1929 | $2,684,281.84 dollars in 1981 |
$1,000,000 dollars in 1929 | $5,368,563.69 dollars in 1981 |
Our calculations use the following inflation rate formula to calculate the change in value between 1929 and 1981:
Then plug in historical CPI values. The Canadian CPI was 9.225 in the year 1929 and 49.525 in 1981:
$100 in 1929 has the same "purchasing power" or "buying power" as $536.86 in 1981.
To get the total inflation rate for the 52 years between 1929 and 1981, 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: “1929 dollars in 1981 | Canada Inflation Calculator.” Official Inflation Data, Alioth Finance, 26 Mar. 2024, https://www.officialdata.org/1929-CAD-in-1981.
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 | 436.86% |
Average inflation rate | 3.28% |
Converted amount $100 base | $536.86 |
Price difference $100 base | $436.86 |
CPI in 1929 | 9.225 |
CPI in 1981 | 49.525 |
Inflation in 1929 | 1.00% |
Inflation in 1981 | 12.47% |
$100 in 1929 | $536.86 in 1981 |