# \$100 in 1940 is worth \$1,595.12 in 2018

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👉 You may be interested in \$100 in 1940 → 2020

## Value of \$100 from 1940 to 2018

According to Statistics Canada consumer price index, prices in 2018 are 1,495.12% higher than average prices since 1940. The Canadian dollar experienced an average inflation rate of 3.61% per year during this period, causing the real value of a dollar to decrease.

In other words, \$100 in 1940 is equivalent in purchasing power to about \$1,595.12 in 2018, a difference of \$1,495.12 over 78 years.

The 1940 inflation rate was 5.13%. The inflation rate in 2018 was 0.31%. The 2018 inflation rate is lower compared to the average inflation rate of 2.12% per year between 2018 and 2020.

 Cumulative price change 1,495.12% Average inflation rate 3.61% Converted amount (\$100 base) \$1,595.12 Price difference (\$100 base) \$1,495.12 CPI in 1940 8.200 CPI in 2018 130.800 Inflation in 1940 5.13% Inflation in 2018 0.31%

## Buying power of \$100 in 1940

This chart shows a calculation of buying power equivalence for \$100 in 1940 (price index tracking began in 1914).

For example, if you started with \$100, you would need to end with \$1,595.12 in order to "adjust" for inflation (sometimes refered to as "beating inflation").

When \$100 is equivalent to \$1,595.12 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 1940 dollars, the chart below shows how \$100 is worth less over 78 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: 1940-2018
Year Dollar Value Inflation Rate
1940 \$100.00 5.13%
1941 \$106.10 6.10%
1942 \$109.76 3.45%
1943 \$112.20 2.22%
1944 \$109.76 -2.17%
1945 \$112.20 2.22%
1946 \$118.29 5.43%
1947 \$135.37 14.43%
1948 \$147.56 9.01%
1949 \$148.78 0.83%
1950 \$157.32 5.74%
1951 \$174.39 10.85%
1952 \$171.95 -1.40%
1953 \$171.95 0.00%
1954 \$171.95 0.00%
1955 \$173.17 0.71%
1956 \$178.05 2.82%
1957 \$181.71 2.05%
1958 \$186.59 2.68%
1959 \$189.02 1.31%
1960 \$191.46 1.29%
1961 \$191.46 0.00%
1962 \$195.12 1.91%
1963 \$198.78 1.88%
1964 \$202.44 1.84%
1965 \$208.54 3.01%
1966 \$215.85 3.51%
1967 \$224.39 3.95%
1968 \$234.15 4.35%
1969 \$245.12 4.69%
1970 \$247.56 1.00%
1971 \$259.76 4.93%
1972 \$273.17 5.16%
1973 \$298.78 9.38%
1974 \$336.59 12.65%
1975 \$368.29 9.42%
1976 \$389.02 5.63%
1977 \$425.61 9.40%
1978 \$462.20 8.60%
1979 \$507.32 9.76%
1980 \$563.41 11.06%
1981 \$631.71 12.12%
1982 \$690.24 9.27%
1983 \$721.95 4.59%
1984 \$748.78 3.72%
1985 \$781.71 4.40%
1986 \$814.63 4.21%
1987 \$848.78 4.19%
1988 \$881.71 3.88%
1989 \$928.05 5.26%
1990 \$974.39 4.99%
1991 \$1,010.98 3.75%
1992 \$1,032.93 2.17%
1993 \$1,050.00 1.65%
1994 \$1,052.44 0.23%
1995 \$1,070.73 1.74%
1996 \$1,093.90 2.16%
1997 \$1,102.44 0.78%
1998 \$1,113.41 1.00%
1999 \$1,142.68 2.63%
2000 \$1,179.27 3.20%
2001 \$1,187.80 0.72%
2002 \$1,232.93 3.80%
2003 \$1,258.54 2.08%
2004 \$1,285.37 2.13%
2005 \$1,312.20 2.09%
2006 \$1,334.15 1.67%
2007 \$1,365.85 2.38%
2008 \$1,381.71 1.16%
2009 \$1,400.00 1.32%
2010 \$1,432.93 2.35%
2011 \$1,465.85 2.30%
2012 \$1,478.05 0.83%
2013 \$1,496.34 1.24%
2014 \$1,518.29 1.47%
2015 \$1,542.68 1.61%
2016 \$1,565.85 1.50%
2017 \$1,590.24 1.56%
2018 \$1,595.12 0.31%
2019 \$1,626.83 1.99%
2020 \$1,663.41 2.25%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.
Click to show 72 more rows

This conversion table shows various other 1940 amounts in 2018 dollars, based on the 1,495.12% change in prices:

Conversion Table: Value of a dollar in 2018
Initial value Equivalent value
\$1 dollar in 1940 \$15.95 dollars in 2018
\$5 dollars in 1940 \$79.76 dollars in 2018
\$10 dollars in 1940 \$159.51 dollars in 2018
\$50 dollars in 1940 \$797.56 dollars in 2018
\$100 dollars in 1940 \$1,595.12 dollars in 2018
\$500 dollars in 1940 \$7,975.61 dollars in 2018
\$1,000 dollars in 1940 \$15,951.22 dollars in 2018
\$5,000 dollars in 1940 \$79,756.10 dollars in 2018
\$10,000 dollars in 1940 \$159,512.20 dollars in 2018
\$50,000 dollars in 1940 \$797,560.98 dollars in 2018
\$100,000 dollars in 1940 \$1,595,121.95 dollars in 2018
\$500,000 dollars in 1940 \$7,975,609.76 dollars in 2018
\$1,000,000 dollars in 1940 \$15,951,219.51 dollars in 2018

## How to Calculate Inflation Rate for \$100, 1940 to 2018

Our calculations use the following inflation rate formula to calculate the change in value between 1940 and 2018:

CPI in 2018 CPI in 1940
×
=

Then plug in historical CPI values. The Canadian CPI was 8.2 in the year 1940 and 130.8 in 2018:

130.88.2
×
\$100
=
\$1,595.12

\$100 in 1940 has the same "purchasing power" or "buying power" as \$1,595.12 in 2018.

To get the total inflation rate for the 78 years between 1940 and 2018, we use the following formula:

CPI in 2018 - CPI in 1940CPI in 1940
×
100
=
Cumulative inflation rate (78 years)

Plugging in the values to this equation, we get:

130.8 - 8.28.2
×
100
=
1,495%

## 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: “\$100 in 1940 → 2018 | Canada Inflation Calculator.” Official Inflation Data, Alioth Finance, 23 Oct. 2020, https://www.officialdata.org/canada/inflation/1940?amount=100&endYear=2018.

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.