# \$100 in 1931 is worth \$655.70 in 1981

\$

## Value of \$100 from 1931 to 1981

According to Statistics Canada consumer price index, prices in 1981 are 555.70% higher than average prices since 1931. The Canadian dollar experienced an average inflation rate of 3.83% per year during this period, causing the real value of a dollar to decrease.

In other words, \$100 in 1931 is equivalent in purchasing power to about \$655.70 in 1981, a difference of \$555.70 over 50 years.

The 1931 inflation rate was -10.23%. The inflation rate in 1981 was 12.12%. The 1981 inflation rate is higher compared to the average inflation rate of 2.51% per year between 1981 and 2020.

 Cumulative price change 555.70% Average inflation rate 3.83% Converted amount (\$100 base) \$655.70 Price difference (\$100 base) \$555.70 CPI in 1931 7.900 CPI in 1981 51.800 Inflation in 1931 -10.23% Inflation in 1981 12.12%

## Buying power of \$100 in 1931

This chart shows a calculation of buying power equivalence for \$100 in 1931 (price index tracking began in 1914).

For example, if you started with \$100, you would need to end with \$655.70 in order to "adjust" for inflation (sometimes refered to as "beating inflation").

When \$100 is equivalent to \$655.70 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 1931 dollars, the chart below shows how \$100 is worth less over 50 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: 1931-1981
Year Dollar Value Inflation Rate
1931 \$100.00 -10.23%
1932 \$92.41 -7.59%
1933 \$89.87 -2.74%
1934 \$91.14 1.41%
1935 \$93.67 2.78%
1936 \$94.94 1.35%
1937 \$98.73 4.00%
1938 \$96.20 -2.56%
1939 \$98.73 2.63%
1940 \$103.80 5.13%
1941 \$110.13 6.10%
1942 \$113.92 3.45%
1943 \$116.46 2.22%
1944 \$113.92 -2.17%
1945 \$116.46 2.22%
1946 \$122.78 5.43%
1947 \$140.51 14.43%
1948 \$153.16 9.01%
1949 \$154.43 0.83%
1950 \$163.29 5.74%
1951 \$181.01 10.85%
1952 \$178.48 -1.40%
1953 \$178.48 0.00%
1954 \$178.48 0.00%
1955 \$179.75 0.71%
1956 \$184.81 2.82%
1957 \$188.61 2.05%
1958 \$193.67 2.68%
1959 \$196.20 1.31%
1960 \$198.73 1.29%
1961 \$198.73 0.00%
1962 \$202.53 1.91%
1963 \$206.33 1.88%
1964 \$210.13 1.84%
1965 \$216.46 3.01%
1966 \$224.05 3.51%
1967 \$232.91 3.95%
1968 \$243.04 4.35%
1969 \$254.43 4.69%
1970 \$256.96 1.00%
1971 \$269.62 4.93%
1972 \$283.54 5.16%
1973 \$310.13 9.38%
1974 \$349.37 12.65%
1975 \$382.28 9.42%
1976 \$403.80 5.63%
1977 \$441.77 9.40%
1978 \$479.75 8.60%
1979 \$526.58 9.76%
1980 \$584.81 11.06%
1981 \$655.70 12.12%
1982 \$716.46 9.27%
1983 \$749.37 4.59%
1984 \$777.22 3.72%
1985 \$811.39 4.40%
1986 \$845.57 4.21%
1987 \$881.01 4.19%
1988 \$915.19 3.88%
1989 \$963.29 5.26%
1990 \$1,011.39 4.99%
1991 \$1,049.37 3.75%
1992 \$1,072.15 2.17%
1993 \$1,089.87 1.65%
1994 \$1,092.41 0.23%
1995 \$1,111.39 1.74%
1996 \$1,135.44 2.16%
1997 \$1,144.30 0.78%
1998 \$1,155.70 1.00%
1999 \$1,186.08 2.63%
2000 \$1,224.05 3.20%
2001 \$1,232.91 0.72%
2002 \$1,279.75 3.80%
2003 \$1,306.33 2.08%
2004 \$1,334.18 2.13%
2005 \$1,362.03 2.09%
2006 \$1,384.81 1.67%
2007 \$1,417.72 2.38%
2008 \$1,434.18 1.16%
2009 \$1,453.16 1.32%
2010 \$1,487.34 2.35%
2011 \$1,521.52 2.30%
2012 \$1,534.18 0.83%
2013 \$1,553.16 1.24%
2014 \$1,575.95 1.47%
2015 \$1,601.27 1.61%
2016 \$1,625.32 1.50%
2017 \$1,650.63 1.56%
2018 \$1,655.70 0.31%
2019 \$1,688.61 1.99%
2020 \$1,726.58 2.25%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.
Click to show 44 more rows

This conversion table shows various other 1931 amounts in 1981 dollars, based on the 555.70% change in prices:

Conversion Table: Value of a dollar in 1981
Initial value Equivalent value
\$1 dollar in 1931 \$6.56 dollars in 1981
\$5 dollars in 1931 \$32.78 dollars in 1981
\$10 dollars in 1931 \$65.57 dollars in 1981
\$50 dollars in 1931 \$327.85 dollars in 1981
\$100 dollars in 1931 \$655.70 dollars in 1981
\$500 dollars in 1931 \$3,278.48 dollars in 1981
\$1,000 dollars in 1931 \$6,556.96 dollars in 1981
\$5,000 dollars in 1931 \$32,784.81 dollars in 1981
\$10,000 dollars in 1931 \$65,569.62 dollars in 1981
\$50,000 dollars in 1931 \$327,848.10 dollars in 1981
\$100,000 dollars in 1931 \$655,696.20 dollars in 1981
\$500,000 dollars in 1931 \$3,278,481.01 dollars in 1981
\$1,000,000 dollars in 1931 \$6,556,962.03 dollars in 1981

## How to Calculate Inflation Rate for \$100, 1931 to 1981

Our calculations use the following inflation rate formula to calculate the change in value between 1931 and 1981:

CPI in 1981 CPI in 1931
×
=

Then plug in historical CPI values. The Canadian CPI was 7.9 in the year 1931 and 51.8 in 1981:

51.87.9
×
\$100
=
\$655.70

\$100 in 1931 has the same "purchasing power" or "buying power" as \$655.70 in 1981.

To get the total inflation rate for the 50 years between 1931 and 1981, we use the following formula:

CPI in 1981 - CPI in 1931CPI in 1931
×
100
=
Cumulative inflation rate (50 years)

Plugging in the values to this equation, we get:

51.8 - 7.97.9
×
100
=
556%

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

• The Empire State Building opens in New York.
• A railway explosion is faked by the Japanese in order to create a pretext for their Manchuria invasion.
• Proclamation of the Chinese People's Republic by Mao Zedong.

## 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: “1931 dollars in 1981 | Canada Inflation Calculator.” Official Inflation Data, Alioth Finance, 28 May. 2020, https://www.officialdata.org/1931-CAD-in-1981.