$5 in 1938 is worth $118.79 today

$5 in 1938 has the same buying power as

$118.79 in August 2026

That is 2,276% more, an average inflation rate of 3.66% a year over 88 years.

Put the other way, $5 today buys what $0.21 bought in 1938. Cash kept under the mattress since 1938 has lost 96% of its value.

$5 from nearby years

$5 inWorth in August 2026Inflation that year
1933$128.84-5.1%
1934$124.993.1%
1935$122.262.2%
1936$120.501.5%
1937$116.313.6%
1938$118.79-2.1%
1939$120.50-1.4%
1940$119.640.7%
1941$113.945.0%
1942$102.7510.9%
1943$96.826.1%

How $5 from 1938 grew

$0.00$20$40$60$80$100$1201940195019601970198019902000201020202026.625: $119
$5 from 1938 in each later year's dollars

$5 of 1938 spending, by category

Not everything rose at the same pace. What $5 spent on each of these in 1938 costs today:

CategoryCost in August 2026
Food$144.80
Rent$94.73
Gasoline$130.34
Medical care$287.87
New cars$41.22
Electricity$52.73
Clothing$31.22

Try a different amount or date

$5.00 in 1938 has the same buying power as

$118.79 in August 2026

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

Questions

How much is $5 in 1938 worth today?
$5 in 1938 is worth $118.79 in August 2026 dollars, according to the U.S. Consumer Price Index.
How much would I need today to match $5 in 1938?
You would need $118.79 to buy what $5 bought in 1938. That is 23.76 times as much.
How much buying power has $5 lost since 1938?
Kept as cash, $5 from 1938 buys only what $0.21 of 1938 money bought. It has lost 96% of its buying power.
What was inflation in 1938?
Prices rose -2.1% in 1938. Since then the average has been 3.66% a year.

Other amounts from 1938

$5 in other decades

Everything about inflation in 1938