\$100 in 1930 → \$1,550 in 2020

\$

Canadian Inflation Rate, \$100 from 1930 to 2020

According to Statistics Canada consumer price index, today's prices in 2020 are 1,450.00% higher than average prices since 1930. The Canadian dollar experienced an average inflation rate of 3.09% per year during this period, meaning the real value of a dollar decreased.

In other words, \$100 in 1930 is equivalent in purchasing power to about \$1,550 in 2020, a difference of \$1,450.00 over 90 years.

The 1930 inflation rate was -6.38%. The current inflation rate (2019 to 2020) is now 2.25%1. If this number holds, \$100 today will be equivalent in buying power to \$102.25 next year.

 Cumulative price change 1,450.00% Average inflation rate 3.09% Converted amount (\$100 base) \$1,550 Price difference (\$100 base) \$1,450.00 CPI in 1930 8.800 CPI in 2020 136.400 Inflation in 1930 -6.38% Inflation in 2020 2.25%

Buying power of \$100 in 1930

This chart shows a calculation of buying power equivalence for \$100 in 1930 (price index tracking began in 1914).

For example, if you started with \$100, you would need to end with \$1,550 in order to "adjust" for inflation (sometimes refered to as "beating inflation").

When \$100 is equivalent to \$1,550 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 1930 dollars, the chart below shows how \$100 buys less over the past 90 years.

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

Year Dollar Value Inflation Rate
1930 \$100.00 -6.38%
1931 \$89.77 -10.23%
1932 \$82.95 -7.59%
1933 \$80.68 -2.74%
1934 \$81.82 1.41%
1935 \$84.09 2.78%
1936 \$85.23 1.35%
1937 \$88.64 4.00%
1938 \$86.36 -2.56%
1939 \$88.64 2.63%
1940 \$93.18 5.13%
1941 \$98.86 6.10%
1942 \$102.27 3.45%
1943 \$104.55 2.22%
1944 \$102.27 -2.17%
1945 \$104.55 2.22%
1946 \$110.23 5.43%
1947 \$126.14 14.43%
1948 \$137.50 9.01%
1949 \$138.64 0.83%
1950 \$146.59 5.74%
1951 \$162.50 10.85%
1952 \$160.23 -1.40%
1953 \$160.23 0.00%
1954 \$160.23 0.00%
1955 \$161.36 0.71%
1956 \$165.91 2.82%
1957 \$169.32 2.05%
1958 \$173.86 2.68%
1959 \$176.14 1.31%
1960 \$178.41 1.29%
1961 \$178.41 0.00%
1962 \$181.82 1.91%
1963 \$185.23 1.88%
1964 \$188.64 1.84%
1965 \$194.32 3.01%
1966 \$201.14 3.51%
1967 \$209.09 3.95%
1968 \$218.18 4.35%
1969 \$228.41 4.69%
1970 \$230.68 1.00%
1971 \$242.05 4.93%
1972 \$254.55 5.16%
1973 \$278.41 9.38%
1974 \$313.64 12.65%
1975 \$343.18 9.42%
1976 \$362.50 5.63%
1977 \$396.59 9.40%
1978 \$430.68 8.60%
1979 \$472.73 9.76%
1980 \$525.00 11.06%
1981 \$588.64 12.12%
1982 \$643.18 9.27%
1983 \$672.73 4.59%
1984 \$697.73 3.72%
1985 \$728.41 4.40%
1986 \$759.09 4.21%
1987 \$790.91 4.19%
1988 \$821.59 3.88%
1989 \$864.77 5.26%
1990 \$907.95 4.99%
1991 \$942.05 3.75%
1992 \$962.50 2.17%
1993 \$978.41 1.65%
1994 \$980.68 0.23%
1995 \$997.73 1.74%
1996 \$1,019.32 2.16%
1997 \$1,027.27 0.78%
1998 \$1,037.50 1.00%
1999 \$1,064.77 2.63%
2000 \$1,098.86 3.20%
2001 \$1,106.82 0.72%
2002 \$1,148.86 3.80%
2003 \$1,172.73 2.08%
2004 \$1,197.73 2.13%
2005 \$1,222.73 2.09%
2006 \$1,243.18 1.67%
2007 \$1,272.73 2.38%
2008 \$1,287.50 1.16%
2009 \$1,304.55 1.32%
2010 \$1,335.23 2.35%
2011 \$1,365.91 2.30%
2012 \$1,377.27 0.83%
2013 \$1,394.32 1.24%
2014 \$1,414.77 1.47%
2015 \$1,437.50 1.61%
2016 \$1,459.09 1.50%
2017 \$1,481.82 1.56%
2018 \$1,486.36 0.31%
2019 \$1,515.91 1.99%
2020 \$1,550.00 2.25%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.
Click to show 84 more rows

How to Calculate Inflation Rate for \$100 since 1930

This inflation calculator uses the following inflation rate formula:

CPI in 2020CPI in 1930
×
=

Then plug in historical CPI values. The Canadian CPI was 8.8 in the year 1930 and 136.4 in 2020:

136.48.8
×
\$100
=
\$1,550

\$100 in 1930 has the same "purchasing power" or "buying power" as \$1,550 in 2020.

To get the total inflation rate for the 90 years between 1930 and 2020, we use the following formula:

CPI in 2020 - CPI in 1930CPI in 1930
×
100
=
Cumulative inflation rate (90 years)

Plugging in the values to this equation, we get:

136.4 - 8.88.8
×
100
=
1,450%

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

• Mohandas Gandhi protests British salt tax by a 200-mile-long walk.
• Clyde Tombaugh discovers Pluto.
• Lawrence Hyland discovers the first radar by accident.
• Roald Amundsen's leads the first expedition to reach the South Pole.
• American explorer Hiram Bingham discovers Machu Picchu.

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: “1930 dollars in 2020 | Canada Inflation Calculator.” Official Inflation Data, Alioth Finance, 5 Apr. 2020, https://www.officialdata.org/canada/inflation/1930.