U.S. inflation rate in 1927: -1.69%

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U.S. Inflation Rate, 1927-2017 ($1)

The consumer price index (CPI) in 1927 was 17.4. the Bureau of Labor Statistics uses this CPI value to track inflation on a monthly basis.

According to the Bureau of Labor Statistics, the dollar experienced an average inflation rate of 2.98% per year. Prices in 2017 are 1307.0% higher than prices in 1927.

In other words, $1 in the year 1927 is equivalent to $14.07 in 2017, a difference of $13.07 over 90 years.

The current inflation rate in 2017 is 1.99%1. If this number holds, $1 today will be equivalent to $1.02 next year.

Inflation from 1927 to 2017
Cumulative price change 1307.00%
Average inflation rate 2.98%
Price difference ($1 base) $13.07
CPI in 1927 17.4
CPI in 2017 244.786


U.S. inflation from 1913 to 2017


Inflation rates for specific categories

Parking fees and tolls · Electricity · Food · More

Inflation-adjusted measures

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

How to calculate the inflation rate for $1 since 1927

Start with the inflation rate formula:

CPI in 2017 / CPI in 1927 * 1927 USD value = 2017 USD value

Then plug in historical CPI values. The U.S. CPI was 17.4 in the year 1927 and 244.786 in 2017:

244.786 / 17.4 * $1 = $14.07

The "purchasing power" of $1 from 1927 is $14.07 in 2017.


News headlines from 1927

Politics and news often play an important role in economic performance.

  • The counter revolution begins in Shanghai by Kuomintang leader Chiang Kai-shek.
  • Charles Lindbergh completes the first non-stop flight over the Atlantic.
  • Saudi Arabia is granted its independence from Great Britain after signing the Treaty of Jeddah.

Inflation Data Source: 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.


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