The consumer price index (CPI) in 1933 was 13. 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 3.56% per year. Prices in 2017 are 1783.0% higher than prices in 1933.
In other words, $1 in the year 1933 is equivalent to $18.83 in 2017, a difference of $17.83 over 84 years.
|Cumulative price change||1783.00%|
|Average inflation rate||3.56%|
|Price difference ($1 base)||$17.83|
|CPI in 1933||13|
|CPI in 2017||244.786|
Politics and news often play an important role in economic performance.
Inflation Data Source: The Bureau of Labor Statistics' Consumer Price Index (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.