$

Value of 1927 US Dollars today

$100 in 1927
$1,812.57 in 2024

The inflation rate in the United States between 1927 and today has been 1,712.57%, which translates into a total increase of $1,712.57. This means that 100 dollars in 1927 are equivalent to 1,812.57 dollars in 2024. In other words, the purchasing power of $100 in 1927 equals $1,812.57 today. The average annual inflation rate between these periods has been 3.03%.

Inflation timeline in the United States (1927 - 2024)

The following chart depicts the equivalence of $100 due to compound inflation and CPI changes. All values are equivalent in terms of purchasing power, which means that for each year the same goods or services could be bought with the indicated amount of money.

All calculations are performed in the local currency (USD) and using 6 decimal digits. Results show only up to 2 decimal digits to favour readability. Inflation data is provided by governments and international institutions on a monthly basis. Today's values were extrapolated from the latest 12-month rolling average official data.

The following table contains relevant indicators:

Indicator Value
Cumulative inflation 1927-2023 1,655.36%
Cumulative inflation 1927-today 1,712.57%
Avg. Annual inflation 1927-2023 3.03%
CPI 1927 17.36
CPI 2023 304.7
CPI 2024-05 (latest official data) 314.07
CPI today 314.63

How to calculate today's value of money after inflation?

There are several ways to calculate the time value of money. Depending on the data available, results can be obtained by using the Consumer Price Index (CPI) formula or the compound interest formula.

Using the CPI formula

When we have both the start and end years, we can use the following formula:

Valuet =Value0 ×
CPIt/CPI0

To obtain the values equivalent in buying power between 1927 and 2023, use the corresponding CPI values:

Value2023
=Value1927 ×
CPI2023/CPI1927
=$ 100 ×
304.7/17.36
$1,755.36

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 314.63:

Valuetoday
=Value1927 ×
CPItoday/CPI1927
=$ 100 ×
314.63/17.36
$1,812.57

Alternative: Using the compound interest formula

Given that money changes with time as a result of an inflation rate that acts as compound interest, we can use the following formula: FV = PV × (1 + i)n, where:

  • FV: Future Value
  • PV: Present Value
  • i: Interest rate (inflation)
  • n: Number of times the interest is compounded (i.e. # of years)

In this case, the future value represents the final amount obtained after applying the inflation rate to our initial value. In other words, it indicates how much are $100 worth today. There are 96 years between 1927 and 2023 and the average inflation rate was 3.0296%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=$100 × (1 + 0.030296)96
$1,755.36

US inflation - Conversion table

Initial Value Equivalent value
$1 dollar in 1927 $17.55 dollars in 2023
$5 dollars in 1927 $87.77 dollars in 2023
$10 dollars in 1927 $175.54 dollars in 2023
$50 dollars in 1927 $877.68 dollars in 2023
$100 dollars in 1927 $1,755.36 dollars in 2023
$500 dollars in 1927 $8,776.81 dollars in 2023
$1,000 dollars in 1927 $17,553.62 dollars in 2023
$5,000 dollars in 1927 $87,768.1 dollars in 2023
$10,000 dollars in 1927 $175,536.2 dollars in 2023
$50,000 dollars in 1927 $877,680.99 dollars in 2023
$100,000 dollars in 1927 $1,755,361.98 dollars in 2023
$500,000 dollars in 1927 $8,776,809.89 dollars in 2023
$1,000,000 dollars in 1927 $17,553,619.78 dollars in 2023
Cumulative inflation From 1927 1,712.57%
Avg. annual inflation From 1927 3.03%
CPI 1927 17.36
CPI today 314.63

Value of Dollar over time (by year)

Period Value
1927 100
1928 98.85
1929 98.85
1930 96.21
1931 87.61
1932 78.59
1933 74.51
1934 77.1
1935 79.07
1936 79.88
1937 82.86
1938 81.18
1939 80.12
1940 80.7
1941 84.83
1942 94.1
1943 99.71
1944 101.34
1945 103.65
1946 112.43
1947 128.61
1948 138.5
1949 137.16
1950 138.65
1951 149.54
1952 152.95
1953 154.2
1954 154.68
1955 154.25
1956 156.6
1957 161.83
1958 166.25
1959 167.93
1960 170.38
1961 172.2
1962 174.27
1963 176.43
1964 178.68
1965 181.52
1966 186.99
1967 192.17
1968 200.38
1969 211.33
1970 223.67
1971 233.27
1972 240.9
1973 255.78
1974 284.06
1975 310.03
1976 327.84
1977 349.16
1978 375.8
1979 418.1
1980 474.75
1981 523.81
1982 555.93
1983 573.79
1984 598.46
1985 619.68
1986 631.45
1987 654.58
1988 681.28
1989 714.16
1990 752.71
1991 784.59
1992 808.35
1993 832.21
1994 853.91
1995 877.87
1996 903.6
1997 924.72
1998 939.08
1999 959.63
2000 992.03
2001 1,020.07
2002 1,036.25
2003 1,059.77
2004 1,088.14
2005 1,125.06
2006 1,161.35
2007 1,194.48
2008 1,240.34
2009 1,235.93
2010 1,256.2
2011 1,295.86
2012 1,322.67
2013 1,342.05
2014 1,363.82
2015 1,365.44
2016 1,382.66
2017 1,412.11
2018 1,446.61
2019 1,472.82
2020 1,490.99
2021 1,561.04
2022 1,685.96
2023 1,755.36
2024-05 1,809.33
Today 1,812.57

All available years

Today's value of US dollars by year:

1913 | 1914 | 1915 | 1916 | 1917 | 1918 | 1919 | 1920 | 1921 | 1922 | 1923 | 1924 | 1925 | 1926 | 1927 | 1928 | 1929 | 1930 | 1931 | 1932 | 1933 | 1934 | 1935 | 1936 | 1937 | 1938 | 1939 | 1940 | 1941 | 1942 | 1943 | 1944 | 1945 | 1946 | 1947 | 1948 | 1949 | 1950 | 1951 | 1952 | 1953 | 1954 | 1955 | 1956 | 1957 | 1958 | 1959 | 1960 | 1961 | 1962 | 1963 | 1964 | 1965 | 1966 | 1967 | 1968 | 1969 | 1970 | 1971 | 1972 | 1973 | 1974 | 1975 | 1976 | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |

Other currencies: