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Value of 1936 US Dollars today

$100 in 1936
$2,268.98 in 2024

The inflation rate in the United States between 1936 and today has been 2,168.98%, which translates into a total increase of $2,168.98. This means that 100 dollars in 1936 are equivalent to 2,268.98 dollars in 2024. In other words, the purchasing power of $100 in 1936 equals $2,268.98 today. The average annual inflation rate between these periods has been 3.61%.

Inflation timeline in the United States (1936 - 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 1936-2023 2,097.37%
Cumulative inflation 1936-today 2,168.98%
Avg. Annual inflation 1936-2023 3.62%
CPI 1936 13.87
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 1936 and 2023, use the corresponding CPI values:

Value2023
=Value1936 ×
CPI2023/CPI1936
=$ 100 ×
304.7/13.87
$2,197.37

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

Valuetoday
=Value1936 ×
CPItoday/CPI1936
=$ 100 ×
314.63/13.87
$2,268.98

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 87 years between 1936 and 2023 and the average inflation rate was 3.6154%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=$100 × (1 + 0.036154)87
$2,197.37

US inflation - Conversion table

Initial Value Equivalent value
$1 dollar in 1936 $21.97 dollars in 2023
$5 dollars in 1936 $109.87 dollars in 2023
$10 dollars in 1936 $219.74 dollars in 2023
$50 dollars in 1936 $1,098.68 dollars in 2023
$100 dollars in 1936 $2,197.37 dollars in 2023
$500 dollars in 1936 $10,986.84 dollars in 2023
$1,000 dollars in 1936 $21,973.67 dollars in 2023
$5,000 dollars in 1936 $109,868.36 dollars in 2023
$10,000 dollars in 1936 $219,736.72 dollars in 2023
$50,000 dollars in 1936 $1,098,683.59 dollars in 2023
$100,000 dollars in 1936 $2,197,367.19 dollars in 2023
$500,000 dollars in 1936 $10,986,835.94 dollars in 2023
$1,000,000 dollars in 1936 $21,973,671.88 dollars in 2023
Cumulative inflation From 1936 2,168.98%
Avg. annual inflation From 1936 3.61%
CPI 1936 13.87
CPI today 314.63

Value of Dollar over time (by year)

Period Value
1936 100
1937 103.73
1938 101.62
1939 100.3
1940 101.02
1941 106.19
1942 117.79
1943 124.82
1944 126.86
1945 129.75
1946 140.75
1947 161
1948 173.38
1949 171.69
1950 173.56
1951 187.2
1952 191.47
1953 193.03
1954 193.63
1955 193.09
1956 196.03
1957 202.58
1958 208.11
1959 210.22
1960 213.28
1961 215.56
1962 218.15
1963 220.85
1964 223.68
1965 227.22
1966 234.07
1967 240.56
1968 250.84
1969 264.54
1970 279.99
1971 292.01
1972 301.56
1973 320.19
1974 355.59
1975 388.1
1976 410.4
1977 437.08
1978 470.43
1979 523.38
1980 594.29
1981 655.71
1982 695.91
1983 718.27
1984 749.16
1985 775.72
1986 790.44
1987 819.41
1988 852.82
1989 893.99
1990 942.25
1991 982.15
1992 1,011.9
1993 1,041.77
1994 1,068.93
1995 1,098.92
1996 1,131.13
1997 1,157.57
1998 1,175.54
1999 1,201.26
2000 1,241.83
2001 1,276.92
2002 1,297.18
2003 1,326.62
2004 1,362.14
2005 1,408.35
2006 1,453.79
2007 1,495.26
2008 1,552.66
2009 1,547.14
2010 1,572.52
2011 1,622.16
2012 1,655.73
2013 1,679.98
2014 1,707.23
2015 1,709.26
2016 1,730.82
2017 1,767.69
2018 1,810.87
2019 1,843.68
2020 1,866.43
2021 1,954.11
2022 2,110.49
2023 2,197.37
2024-05 2,264.92
Today 2,268.98

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 |

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