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

Inflation Calculator

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U.S. Inflation Rate, 1927-2018 ($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 consumer price index, the dollar experienced an average inflation rate of 2.96% per year. Prices in 2018 are 1318.0% higher than prices in 1927.

In other words, $1 in the year 1927 is equivalent in purchasing power to $14.18 in 2018, a difference of $13.18 over 91 years.

The current inflation rate in 2018 is 0.77%1. If this number holds, $1 today will be equivalent to $1.01 next year.

Inflation from 1927 to 2018
Cumulative price change 1318.00%
Average inflation rate 2.96%
Price difference ($1 base) $13.18
CPI in 1927 17.4
CPI in 2018 246.669


U.S. inflation from 1913 to 2017


Inflation rates for specific categories

College tuition and fees · Film and photographic supplies · 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 2018 / CPI in 1927 * 1927 USD value = 2018 USD value

Then plug in historical CPI values. The U.S. CPI was 17.4 in the year 1927 and 246.669 in 2018:

246.669 / 17.4 * $1 = $14.18

$1 in 1927 has the same "purchasing power" as $14.18 in 2018.


News headlines from 1927

Politics and news often influence economic performance. Here's what was happening at the time:

  • 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

Raw data for these calculations comes from 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.

You may use the following MLA citation for this page: “Inflation Rate in 1927 | Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 17 Jan. 2018, http://www.in2013dollars.com/inflation-rate-in-1927.


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