CPI-U in 1927
The U.S. Consumer Price Index for All Urban Consumers (CPI-U) averaged 17.4 in 1927 (1982–84 = 100), 1.7% below the 1926 average. From December 1926 to December 1927, prices fell 2.3%. Prices in August 2026 were 19.25 times their 1927 level.
Monthly CPI-U index values, 1927
The highest monthly index in 1927 was 17.6 (June), the lowest 17.2 (August). The 12-month inflation rate ranged from −3.4% in April to −0.6% in June. Historical context — The 1920s (1923–1929): Prices were nearly flat through the Roaring Twenties.
| Month | CPI-U index | Change from prior month | 12-month change |
|---|---|---|---|
| January 1927 | 17.5 | −1.1% | −2.2% |
| February 1927 | 17.4 | −0.6% | −2.8% |
| March 1927 | 17.3 | −0.6% | −2.8% |
| April 1927 | 17.3 | 0.0% | −3.4% |
| May 1927 | 17.4 | +0.6% | −2.2% |
| June 1927 | 17.6 | +1.1% | −0.6% |
| July 1927 | 17.3 | −1.7% | −1.1% |
| August 1927 | 17.2 | −0.6% | −1.1% |
| September 1927 | 17.3 | +0.6% | −1.1% |
| October 1927 | 17.4 | +0.6% | −1.1% |
| November 1927 | 17.3 | −0.6% | −2.3% |
| December 1927 | 17.3 | 0.0% | −2.3% |
CPI-U, U.S. city average, all items, not seasonally adjusted, 1982–84 = 100 (BLS series CUUR0000SA0). Before 2007 the BLS published the index to one decimal place. Annual average 17.4 as published by the BLS.
CPI 1927: common questions
What was the CPI in 1927?
The CPI-U annual average for 1927 was 17.4 on the 1982–84 = 100 base. Monthly values ranged from 17.2 to 17.6.
What was the inflation rate in 1927?
Measured by annual averages, consumer prices fell 1.7% in 1927; December to December the change was −2.3%.
How much is $100 from 1927 worth today?
About $1,925.17 in August 2026 prices, based on the change in CPI-U. Use the inflation calculator for other amounts.