Value of a dollar · 1938 to September 2026

What is $100 from 1938 worth today?

$100 in 1938 has the same buying power as $2,391 in September 2026. Prices are 2,291% higher than in 1938, an average inflation rate of 3.66% a year, according to the Bureau of Labor Statistics' consumer price index.

$2,391
for $100 in 1938
September 2026 dollars
Cumulative inflation2,291.0%1938 to September 2026
Average per year3.66%compound annual rate
$100 today in 1938 dollars$4.18what today's $100 would have been
Inflation in 1938-2.0%annual average CPI
CPI 1938 (avg)14.092September 2026: 336.940

1938 dollars in today's money

In 1938In September 2026
$1$23.91
$5$119.55
$10$239.10
$20$478.20
$50$1,196
$100$2,391
$1,000$23,910
$10,000$239,100
$100,000$2,391,002

Inflation calculator

Based on the annual average consumer price index (CPI-U) for each year; "today" is the latest monthly CPI.

What $100 from 1938 was worth over time

YearValue of $100 from 1938
1940$99.40
1945$127.68
1950$170.78
1955$190.00
1960$209.87
1965$223.59
1970$275.51
1975$381.90
1980$584.79
1985$763.32
1990$927.18
1995$1,081
2000$1,222
2005$1,386
2010$1,547
2015$1,682
2020$1,837
September 2026$2,391

Annual-average CPI of each year.

← 1937Inflation rate by year1939 →

Frequently asked questions

How much is $100 from 1938 worth today?

$100 in 1938 has the same buying power as $2,391 in September 2026. Prices are 2,291% higher than in 1938, an average inflation rate of 3.66% a year, according to the Bureau of Labor Statistics' consumer price index.

What was the inflation rate in 1938?

Consumer prices fell 2.0% in 1938 on an annual-average basis, and -2.8% from December 1937 to December 1938.

How much would $1 from 1938 be worth now?

$1 in 1938 is worth about $23.91 in September 2026 dollars. Put the other way, a dollar today buys what $0.04 bought in 1938.

How is this calculated?

We divide the latest consumer price index (336.940 for September 2026) by the average index for 1938 (14.092) and multiply by the amount. The index is the CPI for All Urban Consumers (CPI-U), 1982-84 = 100, published by the Bureau of Labor Statistics.

Source: U.S. Bureau of Labor Statistics, CPI-U (1982-84 = 100), via FRED.