$100 in 1935 is equivalent in purchasing power to about $116.55 in 1941, an increase of $16.55 over 6 years. The dollar had an average inflation rate of 2.59% per year between 1935 and 1941, producing a cumulative price increase of 16.55%.
This means that prices in 1941 are 1.17 times as high as average prices since 1935, according to Statistics Canada consumer price index.
The inflation rate in 1935 was 0.46%. The inflation rate in 1941 was 5.96%. The 1941 inflation rate is higher compared to the average inflation rate of 3.60% per year between 1941 and 2024.
Cumulative price change | 16.55% |
Average inflation rate | 2.59% |
Converted amount $100 base | $116.55 |
Price difference $100 base | $16.55 |
CPI in 1935 | 7.250 |
CPI in 1941 | 8.450 |
Inflation in 1935 | 0.46% |
Inflation in 1941 | 5.96% |
$100 in 1935 | $116.55 in 1941 |
This chart shows a calculation of buying power equivalence for $100 in 1935 (price index tracking began in 1914).
For example, if you started with $100, you would need to end with $116.55 in order to "adjust" for inflation (sometimes refered to as "beating inflation").
When $100 is equivalent to $116.55 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 1935 dollars, the chart below shows how $100 is worth less over 6 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 1935 amounts in 1941 dollars, based on the 16.55% change in prices:
Initial value | Equivalent value |
---|---|
$1 dollar in 1935 | $1.17 dollars in 1941 |
$5 dollars in 1935 | $5.83 dollars in 1941 |
$10 dollars in 1935 | $11.66 dollars in 1941 |
$50 dollars in 1935 | $58.28 dollars in 1941 |
$100 dollars in 1935 | $116.55 dollars in 1941 |
$500 dollars in 1935 | $582.76 dollars in 1941 |
$1,000 dollars in 1935 | $1,165.52 dollars in 1941 |
$5,000 dollars in 1935 | $5,827.59 dollars in 1941 |
$10,000 dollars in 1935 | $11,655.17 dollars in 1941 |
$50,000 dollars in 1935 | $58,275.86 dollars in 1941 |
$100,000 dollars in 1935 | $116,551.72 dollars in 1941 |
$500,000 dollars in 1935 | $582,758.62 dollars in 1941 |
$1,000,000 dollars in 1935 | $1,165,517.24 dollars in 1941 |
Our calculations use the following inflation rate formula to calculate the change in value between 1935 and 1941:
Then plug in historical CPI values. The Canadian CPI was 7.25 in the year 1935 and 8.45 in 1941:
$100 in 1935 has the same "purchasing power" or "buying power" as $116.55 in 1941.
To get the total inflation rate for the 6 years between 1935 and 1941, 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: “$100 in 1935 → 1941 | Canada Inflation Calculator.” Official Inflation Data, Alioth Finance, 9 May. 2024, https://www.officialdata.org/canada/inflation/1935?amount=100&endYear=1941.
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 | 16.55% |
Average inflation rate | 2.59% |
Converted amount $100 base | $116.55 |
Price difference $100 base | $16.55 |
CPI in 1935 | 7.250 |
CPI in 1941 | 8.450 |
Inflation in 1935 | 0.46% |
Inflation in 1941 | 5.96% |
$100 in 1935 | $116.55 in 1941 |