# \$100 in 1927 is worth \$948.35 in 1994

\$

## Value of \$100 from 1927 to 1994

\$100 in 1927 is equivalent in purchasing power to about \$948.35 in 1994, an increase of \$848.35 over 67 years. The dollar had an average inflation rate of 3.41% per year between 1927 and 1994, producing a cumulative price increase of 848.35%.

This means that prices in 1994 are 9.48 times higher than average prices since 1927, according to Statistics Canada consumer price index.

The 1927 inflation rate was -1.09%. The inflation rate in 1994 was 0.23%. The 1994 inflation rate is lower compared to the average inflation rate of 1.74% per year between 1994 and 2021.

 Cumulative price change 848.35% Average inflation rate 3.41% Converted amount (\$100 base) \$948.35 Price difference (\$100 base) \$848.35 CPI in 1927 9.100 CPI in 1994 86.300 Inflation in 1927 -1.09% Inflation in 1994 0.23% \$100 in 1927 \$948.35 in 1994

## Buying power of \$100 in 1927

This chart shows a calculation of buying power equivalence for \$100 in 1927 (price index tracking began in 1914).

For example, if you started with \$100, you would need to end with \$948.35 in order to "adjust" for inflation (sometimes refered to as "beating inflation").

When \$100 is equivalent to \$948.35 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 1927 dollars, the chart below shows how \$100 is worth less over 67 years.

According to Statistics Canada, each of these CAD amounts below is equal in terms of what it could buy at the time:

Dollar inflation: 1927-1994
Year Dollar Value Inflation Rate
1927 \$100.00 -1.09%
1928 \$101.10 1.10%
1929 \$103.30 2.17%
1930 \$96.70 -6.38%
1931 \$86.81 -10.23%
1932 \$80.22 -7.59%
1933 \$78.02 -2.74%
1934 \$79.12 1.41%
1935 \$81.32 2.78%
1936 \$82.42 1.35%
1937 \$85.71 4.00%
1938 \$83.52 -2.56%
1939 \$85.71 2.63%
1940 \$90.11 5.13%
1941 \$95.60 6.10%
1942 \$98.90 3.45%
1943 \$101.10 2.22%
1944 \$98.90 -2.17%
1945 \$101.10 2.22%
1946 \$106.59 5.43%
1947 \$121.98 14.43%
1948 \$132.97 9.01%
1949 \$134.07 0.83%
1950 \$141.76 5.74%
1951 \$157.14 10.85%
1952 \$154.95 -1.40%
1953 \$154.95 0.00%
1954 \$154.95 0.00%
1955 \$156.04 0.71%
1956 \$160.44 2.82%
1957 \$163.74 2.05%
1958 \$168.13 2.68%
1959 \$170.33 1.31%
1960 \$172.53 1.29%
1961 \$172.53 0.00%
1962 \$175.82 1.91%
1963 \$179.12 1.88%
1964 \$182.42 1.84%
1965 \$187.91 3.01%
1966 \$194.51 3.51%
1967 \$202.20 3.95%
1968 \$210.99 4.35%
1969 \$220.88 4.69%
1970 \$223.08 1.00%
1971 \$234.07 4.93%
1972 \$246.15 5.16%
1973 \$269.23 9.38%
1974 \$303.30 12.65%
1975 \$331.87 9.42%
1976 \$350.55 5.63%
1977 \$383.52 9.40%
1978 \$416.48 8.60%
1979 \$457.14 9.76%
1980 \$507.69 11.06%
1981 \$569.23 12.12%
1982 \$621.98 9.27%
1983 \$650.55 4.59%
1984 \$674.73 3.72%
1985 \$704.40 4.40%
1986 \$734.07 4.21%
1987 \$764.84 4.19%
1988 \$794.51 3.88%
1989 \$836.26 5.26%
1990 \$878.02 4.99%
1991 \$910.99 3.75%
1992 \$930.77 2.17%
1993 \$946.15 1.65%
1994 \$948.35 0.23%
1995 \$964.84 1.74%
1996 \$985.71 2.16%
1997 \$993.41 0.78%
1998 \$1,003.30 1.00%
1999 \$1,029.67 2.63%
2000 \$1,062.64 3.20%
2001 \$1,070.33 0.72%
2002 \$1,110.99 3.80%
2003 \$1,134.07 2.08%
2004 \$1,158.24 2.13%
2005 \$1,182.42 2.09%
2006 \$1,202.20 1.67%
2007 \$1,230.77 2.38%
2008 \$1,245.05 1.16%
2009 \$1,261.54 1.32%
2010 \$1,291.21 2.35%
2011 \$1,320.88 2.30%
2012 \$1,331.87 0.83%
2013 \$1,348.35 1.24%
2014 \$1,368.13 1.47%
2015 \$1,390.11 1.61%
2016 \$1,410.99 1.50%
2017 \$1,432.97 1.56%
2018 \$1,437.36 0.31%
2019 \$1,465.93 1.99%
2020 \$1,498.90 2.25%
2021 \$1,509.89 0.73%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.
Click to show 61 more rows

This conversion table shows various other 1927 amounts in 1994 dollars, based on the 848.35% change in prices:

Conversion: 1927 dollars in 1994
Initial value Equivalent value
\$1 dollar in 1927 \$9.48 dollars in 1994
\$5 dollars in 1927 \$47.42 dollars in 1994
\$10 dollars in 1927 \$94.84 dollars in 1994
\$50 dollars in 1927 \$474.18 dollars in 1994
\$100 dollars in 1927 \$948.35 dollars in 1994
\$500 dollars in 1927 \$4,741.76 dollars in 1994
\$1,000 dollars in 1927 \$9,483.52 dollars in 1994
\$5,000 dollars in 1927 \$47,417.58 dollars in 1994
\$10,000 dollars in 1927 \$94,835.16 dollars in 1994
\$50,000 dollars in 1927 \$474,175.82 dollars in 1994
\$100,000 dollars in 1927 \$948,351.65 dollars in 1994
\$500,000 dollars in 1927 \$4,741,758.24 dollars in 1994
\$1,000,000 dollars in 1927 \$9,483,516.48 dollars in 1994

## How to Calculate Inflation Rate for \$100, 1927 to 1994

Our calculations use the following inflation rate formula to calculate the change in value between 1927 and 1994:

CPI in 1994 CPI in 1927
×
=

Then plug in historical CPI values. The Canadian CPI was 9.1 in the year 1927 and 86.3 in 1994:

86.39.1
×
\$100
=
\$948.35

\$100 in 1927 has the same "purchasing power" or "buying power" as \$948.35 in 1994.

To get the total inflation rate for the 67 years between 1927 and 1994, we use the following formula:

CPI in 1994 - CPI in 1927CPI in 1927
×
100
=
Cumulative inflation rate (67 years)

Plugging in the values to this equation, we get:

86.3 - 9.19.1
×
100
=
848%

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.

## Data Source & Citation

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: “1927 dollars in 1994 | Canada Inflation Calculator.” Official Inflation Data, Alioth Finance, 27 Jul. 2021, https://www.officialdata.org/1927-CAD-in-1994.

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.