U.S. inflation rate in 1933: -5.11%

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U.S. Inflation Rate, 1933-2017 ($1)

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.

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 1933 to 2017
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


U.S. inflation from 1913 to 2017


Inflation rates for specific categories

Televisions · Housing · Medical care · More

Inflation-adjusted measures

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

How to calculate the inflation rate for $1 since 1933

Start with the inflation rate formula:

CPI in 2017 / CPI in 1933 * 1933 USD value = 2017 USD value

Then plug in historical CPI values. The U.S. CPI was 13 in the year 1933 and 244.786 in 2017:

244.786 / 13 * $1 = $18.83

The "purchasing power" of $1 from 1933 is $18.83 in 2017.


News headlines from 1933

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

  • Coining of the name "Pakistan" by Choudhry Rahmat Ali, this is later accepted by Muslims in the Indian sub-continent who use it to push for a separate Muslim homeland in South Asia.
  • Adolf Hitler is appointed Reich Chancellor of Germany by President Paul von Hindenburg.
  • Franklin D. Roosevelt is inaugurated President of the United States .
  • The first Nazi concentration camp, Dachau, is completed
  • The Nazi party is declared the only political party in Germany.

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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