Historical CPI · 1930

CPI-U in 1930

The U.S. Consumer Price Index for All Urban Consumers (CPI-U) averaged 16.7 in 1930 (1982–84 = 100), 2.3% below the 1929 average. From December 1929 to December 1930, prices fell 6.4%. Prices in August 2026 were 20.06 times their 1930 level.

Annual average
16.7
Inflation (annual avg)
−2.3%
Dec–Dec inflation
−6.4%
$100 in 1930 today
$2,005.87
Monthly data

Monthly CPI-U index values, 1930

The highest monthly index in 1930 was 17.1 (January), the lowest 16.1 (December). The 12-month inflation rate ranged from −6.4% in December to +0.6% in April. Historical context — Great Depression deflation (1930–1933): The price level fell by about a quarter as demand collapsed and banks failed.

MonthCPI-U indexChange from prior month12-month change
January 193017.1−0.6%0.0%
February 193017.0−0.6%−0.6%
March 193016.9−0.6%−0.6%
April 193017.0+0.6%+0.6%
May 193016.9−0.6%−0.6%
June 193016.8−0.6%−1.8%
July 193016.6−1.2%−4.0%
August 193016.5−0.6%−4.6%
September 193016.6+0.6%−4.0%
October 193016.5−0.6%−4.6%
November 193016.4−0.6%−5.2%
December 193016.1−1.8%−6.4%

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 16.7 as published by the BLS.

Decade

CPI by year, 1930s

YearAnnual average CPI-UInflation rate
193016.7−2.3%
193115.2−9.0%
193213.7−9.9%
193313.0−5.1%
193413.4+3.1%
193513.7+2.2%
193613.9+1.5%
193714.4+3.6%
193814.1−2.1%
193913.9−1.4%
FAQ

CPI 1930: common questions

What was the CPI in 1930?

The CPI-U annual average for 1930 was 16.7 on the 1982–84 = 100 base. Monthly values ranged from 16.1 to 17.1.

What was the inflation rate in 1930?

Measured by annual averages, consumer prices fell 2.3% in 1930; December to December the change was −6.4%.

How much is $100 from 1930 worth today?

About $2,005.87 in August 2026 prices, based on the change in CPI-U. Use the inflation calculator for other amounts.