Postage priced at $20 in 1937 $579.89 in 2024

Postage Inflation Calculator

$

Prices for Postage, 1937-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for postage are 2,799.45% higher in 2024 versus 1937 (a $559.89 difference in value).

Between 1937 and 2024: Postage experienced an average inflation rate of 3.95% per year. This rate of change indicates significant inflation. In other words, postage costing $20 in the year 1937 would cost $579.89 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.60% during this same period, inflation for postage was higher.

In the year 1937: Pricing changed by 0%, which is significantly below the average yearly change for postage during the 1937-2024 time period. Compared to inflation for all items in 1937 (3.72%), inflation for postage was much lower.

Price Inflation for Postage since 1935

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1976 (26.73%), 1981 (17.32%), and 1971 (17.19%).

View price changes for other categories
Electricity · Juices and nonalcoholic drinks · Fish and seafood · Indoor plants and flowers · More

Buying power of $20.00 since 1937

Below are calculations of equivalent buying power for Postage, over time, for $20 beginning in 1937. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1937$20.00-
1938$20.000.00% **
1939$20.000.00% **
1940$20.000.00% **
1941$20.000.00% **
1942$20.000.00% **
1943$20.000.00% **
1944$22.0210.08%
1945$22.954.23%
1946$22.79-0.68%
1947$22.48-1.36%
1948$22.480.00% **
1949$24.318.14%
1950$24.340.13%
1951$25.093.06%
1952$27.449.39%
1953$28.032.15%
1954$29.926.75%
1955$29.920.00% **
1956$29.920.00% **
1957$30.080.52%
1958$32.628.45%
1959$35.197.89%
1960$36.563.88%
1961$36.810.68%
1962$37.050.67%
1963$43.1316.40%
1964$44.242.56%
1965$44.340.23%
1966$44.680.77%
1967$46.022.98%
1968$52.7414.62%
1969$53.802.00%
1970$54.110.58%
1971$63.4117.19%
1972$67.296.11%
1973$67.290.00% **
1974$78.2816.34%
1975$80.542.88%
1976$102.0626.73%
1977$103.571.47%
1978$112.078.21%
1979$118.145.42%
1980$118.140.00% **
1981$138.6017.32%
1982$155.0411.86%
1983$155.040.00% **
1984$155.040.00% **
1985$168.678.79%
1986$170.851.29%
1987$170.850.00% **
1988$188.1810.14%
1989$193.953.07%
1990$193.950.00% **
1991$222.6614.80%
1992$225.271.17%
1993$225.270.00% **
1994$225.270.00% **
1995$248.5310.32%
1996$248.530.00% **
1997$248.530.00% **
1998$248.530.00% **
1999$255.972.99%
2000$255.970.00% **
2001$265.943.90%
2002$281.865.99%
2003$295.975.01%
2004$295.970.00% **
2005$295.970.00% **
2006$311.785.34%
2007$319.482.47%
2008$330.383.41%
2009$346.684.93%
2010$356.352.79%
2011$370.083.85%
2012$383.143.53%
2013$407.126.26%
2014$424.384.24%
2015$425.610.29%
2016$428.810.75%
2017$439.782.56%
2018$449.062.11%
2019$474.535.67%
2020$495.484.41%
2021$515.143.97%
2022$531.753.22%
2023$555.024.38%
2024$579.894.48%*

* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.


Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Postage:

Year193519361937193819391940194119421943194419451946194719481949195019511952195319541955195619571958195919601961196219631964196519661967196819691970197119721973197419751976197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI12.90012.90012.90012.90012.90012.90012.90012.90012.90014.20014.80014.70014.50014.50015.68015.70016.18017.70018.08019.30019.30019.30019.40021.04022.70023.58023.74023.90027.82028.53328.60028.82029.68034.02034.70034.90040.90043.40043.40050.49251.94665.83166.80072.28576.20076.20089.400100.000100.000100.000108.792110.200110.200121.377125.100125.100143.615145.300145.300145.300160.300160.300160.300160.300165.100165.100171.531181.800190.900190.900190.900201.100206.067213.098223.608229.846238.703247.124262.592273.728274.517276.581283.659289.642306.074319.584332.264342.977357.988374.029

Adjust postage prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1937 * 1937 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Postage was 12.900 in the year 1937 and 374.029 in 2024:

374.029 / 12.900 * $20 = $579.89

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1937 has the same "purchasing power" as $579.89 in 2024 (in the CPI category of Postage).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Postage in 1935. In addition to postage, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

» Read more about inflation and investment.