Value of $1 from 1938 to today

$1 in 1938 is worth

$23.76 in August 2026

Prices are 2,276% higher, an average of 3.66% a year. In other words, $1 today buys what $0.04 bought in 1938.

Inflation in 1938

-2.1%

Average CPI in 1938

14.1

CPI in August 2026

335.0

Average inflation, 1930s

-2.1%

1938 dollars in today's money

In 1938In August 2026
$1$23.76
$5$118.79
$10$237.57
$20$475.15
$50$1,187.87
$100$2,375.74
$500$11,878.72
$1,000$23,757.45
$5,000$118,787
$10,000$237,574
$20,000$475,149
$50,000$1,187,872
$100,000$2,375,745
$1 million$23,757,447

Convert another amount

$100.00 in 1938 has the same buying power as

$2,375.74 in August 2026

Prices rose 2,275.7% in total, an average of 3.66% a year.

How $1 from 1938 grew

$0.00$5.00$10$15$20$251940195019601970198019902000201020202026.625: $24
What $1 from 1938 is worth in each later year

Which prices rose most since 1938

Overall prices rose 2,276% since 1938. Some things rose far more and some far less:

CategoryChange since 1938Per year
Cigarettes and tobacco+12,266%5.6%
Car insurance+9,431%5.3%
Medical care+5,657%4.7%
Dental care+4,659%4.5%
Beef+4,375%4.4%
Doctor visits+3,823%4.3%
Car repair and maintenance+3,451%4.1%
Fruits and vegetables+3,400%4.1%
Goods (commodities)+1,459%3.2%
Electricity+955%2.7%
Shoes+913%2.7%
New cars+724%2.4%
Chicken and poultry+695%2.4%
Eggs+674%2.4%
Furniture+630%2.3%
Clothing+524%2.1%

Year by year since 1938

Year$1 from 1938 equalsInflation that year
1938$1.00-2.1%
1939$0.99-1.4%
1940$0.990.7%
1941$1.045.0%
1942$1.1610.9%
1943$1.236.1%
1944$1.251.7%
1945$1.282.3%
1946$1.388.3%
1947$1.5814.4%
1948$1.718.1%
1949$1.69-1.2%
1950$1.711.3%
1951$1.847.9%
1952$1.881.9%
1953$1.890.8%
1954$1.910.7%
1955$1.90-0.4%
1956$1.931.5%
1957$1.993.3%
1958$2.052.8%
1959$2.060.7%
1960$2.101.7%
1961$2.121.0%
1962$2.141.0%
1963$2.171.3%
1964$2.201.3%
1965$2.231.6%
1966$2.302.9%
1967$2.373.1%
1968$2.474.2%
1969$2.605.5%
1970$2.755.7%
1971$2.874.4%
1972$2.963.2%
1973$3.156.2%
1974$3.5011.0%
1975$3.829.1%
1976$4.045.8%
1977$4.306.5%
1978$4.627.6%
1979$5.1511.3%
1980$5.8413.5%
1981$6.4510.3%
1982$6.846.2%
1983$7.063.2%
1984$7.374.3%
1985$7.633.6%
1986$7.771.9%
1987$8.063.6%
1988$8.394.1%
1989$8.794.8%
1990$9.275.4%
1991$9.664.2%
1992$9.953.0%
1993$10.253.0%
1994$10.512.6%
1995$10.812.8%
1996$11.133.0%
1997$11.382.3%
1998$11.561.6%
1999$11.822.2%
2000$12.213.4%
2001$12.562.8%
2002$12.761.6%
2003$13.052.3%
2004$13.402.7%
2005$13.853.4%
2006$14.303.2%
2007$14.712.8%
2008$15.273.8%
2009$15.22-0.4%
2010$15.461.6%
2011$15.953.2%
2012$16.282.1%
2013$16.521.5%
2014$16.791.6%
2015$16.810.1%
2016$17.021.3%
2017$17.382.1%
2018$17.812.4%
2019$18.131.8%
2020$18.361.2%
2021$19.224.7%
2022$20.768.0%
2023$21.614.1%
2024$22.252.9%
2025$22.832.6%
August 2026$23.76

Questions

How much is $1 from 1938 worth today?
$1 in 1938 has the same buying power as $23.76 in August 2026, based on the Consumer Price Index.
What was the inflation rate in 1938?
Prices fell 2.1% in 1938, comparing the average CPI for 1938 with 1937.
How much have prices gone up since 1938?
Prices are 2,276% higher than in 1938, an average of 3.66% a year.
What is $100 from 1938 worth today?
$2,375.74. $1,000 from 1938 is worth $23,757.45.