$100 in 1931 Is Worth $2,216.71 Today (September 2026 CPI)

$100 in 1931 has the buying power of $2,216.71 in September 2026. Prices are 2,116.7% higher, an average of 3.31% a year, by the official Consumer Price Index (CPI-U): 1931's average index was 15.2 and September 2026's is 336.940. Put the other way, $100 in September 2026 buys what $4.51 did in 1931.

Inflation in 1931 was −9.0% (the change in the year's average CPI from 1930; December to December, −9.3%), the 3rd steepest fall in prices of the 13 years they fell since 1914.

Inflation year by year, 1926 to 1936

YearAverage CPI-UInflation$100 then is worth today
192617.7+1.1%$1,903.62
192717.4−1.7%$1,936.44
192817.1−1.7%$1,970.41
192917.10.0%$1,970.41
193016.7−2.3%$2,017.60
193115.2−9.0%$2,216.71
193213.7−9.9%$2,459.42
193313.0−5.1%$2,591.85
193413.4+3.1%$2,514.48
193513.7+2.2%$2,459.42
193613.9+1.5%$2,424.03

What has the average inflation rate been since 1931?

3.31% a year, compounded from the middle of 1931 to September 2026: prices are 2,116.7% higher in all, so a dollar from 1931 is worth $22.17 today.

Where do these numbers come from?

The Bureau of Labor Statistics' Consumer Price Index for All Urban Consumers (CPI-U), all items, U.S. city average, not seasonally adjusted, which runs back to January 1913. A year's figure is the average of its monthly indexes, as BLS computes annual averages; today's figure is the latest month, September 2026, so the answer moves each month when BLS publishes a new CPI.

1930 · Inflation calculator, any month since 1913 · 1932

Source: BLS CPI-U, all items, U.S. city average, not seasonally adjusted (FRED CPIAUCNS); through 2006, BLS's official annual averages. The answer moves each month, when BLS publishes a new CPI.