# \$100 in 1935 → \$1,475 in 1983

## Australia Inflation Calculator

\$

### Australian Inflation Rate, \$100 from 1935 to 1983

According to the Bureau of Statistics consumer price index, prices in 1983 are 1,375.00% higher than average prices since 1935. The Australian dollar experienced an average inflation rate of 5.77% per year during this period, meaning the real value of a dollar decreased.

In other words, \$100 in 1935 is equivalent in purchasing power to about \$1,475 in 1983, a difference of \$1,375.00 over 48 years.

The 1935 inflation rate was 4.35%. The inflation rate in 1983 was 10.28%. The 1983 inflation rate is higher compared to the average inflation rate of 3.28% per year between 1983 and 2020.

 Cumulative price change 1,375.00% Average inflation rate 5.77% Converted amount (\$100 base) \$1,475 Price difference (\$100 base) \$1,375.00 CPI in 1935 2.400 CPI in 1983 35.400 Inflation in 1935 4.35% Inflation in 1983 10.28%

AUD Inflation since 1922
Annual Rate, the Bureau of Statistics CPI

### Buying power of \$100 in 1935

This chart shows a calculation of buying power equivalence for \$100 in 1935 (price index tracking began in 1922).

For example, if you started with \$100, you would need to end with \$1,475 in order to "adjust" for inflation (sometimes refered to as "beating inflation").

When \$100 is equivalent to \$1,475 over time, that means that the "real value" of a single Australian 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 1935 dollars, the chart below shows how \$100 buys less over the past 48 years.

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

Year Dollar Value Inflation Rate
1935 \$100.00 4.35%
1936 \$100.00 0.00%
1937 \$104.17 4.17%
1938 \$108.33 4.00%
1939 \$108.33 0.00%
1940 \$112.50 3.85%
1941 \$116.67 3.70%
1942 \$129.17 10.71%
1943 \$133.33 3.23%
1944 \$133.33 0.00%
1945 \$133.33 0.00%
1946 \$133.33 0.00%
1947 \$141.67 6.25%
1948 \$154.17 8.82%
1949 \$166.67 8.11%
1950 \$183.33 10.00%
1951 \$216.67 18.18%
1952 \$254.17 17.31%
1953 \$266.67 4.92%
1954 \$270.83 1.56%
1955 \$275.00 1.54%
1956 \$291.67 6.06%
1957 \$300.00 2.86%
1958 \$300.00 0.00%
1959 \$308.33 2.78%
1960 \$320.83 4.05%
1961 \$325.00 1.30%
1962 \$325.00 0.00%
1963 \$329.17 1.28%
1964 \$337.50 2.53%
1965 \$350.00 3.70%
1966 \$358.33 2.38%
1967 \$370.83 3.49%
1968 \$383.33 3.37%
1969 \$395.83 3.26%
1970 \$408.33 3.16%
1971 \$433.33 6.12%
1972 \$458.33 5.77%
1973 \$500.00 9.09%
1974 \$579.17 15.83%
1975 \$666.67 15.11%
1976 \$754.17 13.13%
1977 \$845.83 12.15%
1978 \$912.50 7.88%
1979 \$995.83 9.13%
1980 \$1,100.00 10.46%
1981 \$1,204.17 9.47%
1982 \$1,337.50 11.07%
1983 \$1,475.00 10.28%
1984 \$1,533.33 3.95%
1985 \$1,633.33 6.52%
1986 \$1,783.33 9.18%
1987 \$1,933.33 8.41%
1988 \$2,075.00 7.33%
1989 \$2,229.17 7.43%
1990 \$2,395.83 7.48%
1991 \$2,470.83 3.13%
1992 \$2,495.83 1.01%
1993 \$2,537.50 1.67%
1994 \$2,587.50 1.97%
1995 \$2,708.33 4.67%
1996 \$2,779.17 2.62%
1997 \$2,787.50 0.30%
1998 \$2,808.33 0.75%
1999 \$2,850.00 1.48%
2000 \$2,979.17 4.53%
2001 \$3,108.33 4.34%
2002 \$3,204.17 3.08%
2003 \$3,291.67 2.73%
2004 \$3,366.67 2.28%
2005 \$3,458.33 2.72%
2006 \$3,579.17 3.49%
2007 \$3,662.50 2.33%
2008 \$3,825.00 4.44%
2009 \$3,891.67 1.74%
2010 \$4,004.17 2.89%
2011 \$4,137.50 3.33%
2012 \$4,208.33 1.71%
2013 \$4,312.50 2.48%
2014 \$4,420.83 2.51%
2015 \$4,487.50 1.51%
2016 \$4,545.83 1.30%
2017 \$4,633.33 1.92%
2018 \$4,691.67 1.26%
2019 \$4,780.81 1.90%
2020 \$4,871.64 1.90%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.
Click to show 42 more rows

### How to Calculate Inflation Rate for \$100, 1935 to 1983

This inflation calculator uses the following inflation rate formula:

CPI in 1983CPI in 1935
×
1935 AUD value
=
1983 AUD value

Then plug in historical CPI values. The Australian CPI was 2.4 in the year 1935 and 35.4 in 1983:

35.42.4
×
\$100
=
\$1,475

\$100 in 1935 has the same "purchasing power" or "buying power" as \$1,475 in 1983.

To get the total inflation rate for the 48 years between 1935 and 1983, we use the following formula:

CPI in 1983 - CPI in 1935CPI in 1935
×
100
=
Cumulative inflation rate (48 years)

Plugging in the values to this equation, we get:

35.4 - 2.42.4
×
100
=
1,375%

### News headlines from 1935

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

• Hitler violates the Treaty of Versailles by ordering German rearmament.
• In an event known as "Black Sunday", a severe sandstorm strikes the US Midwest, coining the term "Dust Bowl".
• Communist forces end their Long March bringing Mao Zedong to prominence.
• First trans-pacific airmail flight by a flying boat the "China Clipper" that took off from Alameda, California

### Data Source & Citation

Raw data for these calculations comes from the government of Australia's annual (CPI) as provided by the Reserve Bank of Australia. The consumer price index was established in 1922 and is tracked by Australian Bureau of Statistics (ABS).

You may use the following MLA citation for this page: “\$100 in 1935 → 1983 | Australia Inflation Calculator.” Official Inflation Data, Alioth Finance, 10 Apr. 2020, https://www.officialdata.org/1935-AUD-in-1983?amount=100.

Special thanks to QuickChart for providing downloadable chart images.

in2013dollars.com is a reference website maintained by the Official Data Foundation.

#### About the author

Ian Webster is an engineer and data expert based in San Mateo, California. He has worked for Google, NASA, and consulted for governments around the world on data pipelines and data analysis. Disappointed by the lack of clear resources on the impacts of inflation on economic indicators, Ian believes this website serves as a valuable public tool. Ian earned his degree in Computer Science from Dartmouth College.

 Cumulative price change 1,375.00% Average inflation rate 5.77% Converted amount (\$100 base) \$1,475 Price difference (\$100 base) \$1,375.00 CPI in 1935 2.400 CPI in 1983 35.400 Inflation in 1935 4.35% Inflation in 1983 10.28%