CPI-U in 1933
The U.S. Consumer Price Index for All Urban Consumers (CPI-U) averaged 13.0 in 1933 (1982–84 = 100), 5.1% below the 1932 average. From December 1932 to December 1933, prices rose 0.8%. Prices in August 2026 were 25.77 times their 1933 level.
Monthly CPI-U index values, 1933
The highest monthly index in 1933 was 13.2 (December), the lowest 12.6 (March). The 12-month inflation rate ranged from −10.0% in March to +0.8% in December. Historical context — Great Depression deflation (1930–1933): The price level fell by about a quarter as demand collapsed and banks failed.
| Month | CPI-U index | Change from prior month | 12-month change |
|---|---|---|---|
| January 1933 | 12.9 | −1.5% | −9.8% |
| February 1933 | 12.7 | −1.6% | −9.9% |
| March 1933 | 12.6 | −0.8% | −10.0% |
| April 1933 | 12.6 | 0.0% | −9.4% |
| May 1933 | 12.6 | 0.0% | −8.0% |
| June 1933 | 12.7 | +0.8% | −6.6% |
| July 1933 | 13.1 | +3.1% | −3.7% |
| August 1933 | 13.2 | +0.8% | −2.2% |
| September 1933 | 13.2 | 0.0% | −1.5% |
| October 1933 | 13.2 | 0.0% | −0.8% |
| November 1933 | 13.2 | 0.0% | 0.0% |
| December 1933 | 13.2 | 0.0% | +0.8% |
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 13.0 as published by the BLS.
CPI 1933: common questions
What was the CPI in 1933?
The CPI-U annual average for 1933 was 13.0 on the 1982–84 = 100 base. Monthly values ranged from 12.6 to 13.2.
What was the inflation rate in 1933?
Measured by annual averages, consumer prices fell 5.1% in 1933; December to December the change was +0.8%.
How much is $100 from 1933 worth today?
About $2,576.77 in August 2026 prices, based on the change in CPI-U. Use the inflation calculator for other amounts.