$37,730 in 1927 is worth$64,834.89 in 1961

$37,730 in 1927 has the same purchasing power as$64,834.89 in 1961. Over the 34 years this is a change of $27,104.89. The average inflation rate of the dollar between 1927 and 1961 was 1.62% per year. The cumulative price increase of the dollar over this time was 71.84%. The value of$37,730 from 1927 to 1961

So what does this data mean? It means that the prices in 1961 are 648.35 higher than the average prices since 1927. A dollar in 1961 can buy 58.19% of what it could buy in 1927.

We can look at the buying power equivalent for $37,730 in 1927 to see how much you would need to adjust for in order to beat inflation. For 1927 to 1961, if you started with$37,730 in 1927, you would need to have $64,834.89 in 1927 to keep up with inflation rates. So if we are saying that$37,730 is equivalent to $64,834.89 over time, you can see the core concept of inflation in action. The "real value" of a single dollar decreases over time. It will pay for fewer items at the store than it did previously. In the chart below you can see how the value of the dollar is worth less over 34 years. Value of$37,730 Over Time

In the table below we can see the value of the US Dollar over time. According to the BLS, each of these amounts are equivalent in terms of what that amount could purchase at the time.

Year Dollar Value Inflation Rate
1927 $37,730.00 -1.69% 1928$37,079.48 -1.72%
1929 $37,079.48 0.00% 1930$36,212.13 -2.34%
1931 $32,959.54 -8.98% 1932$29,706.95 -9.87%
1933 $28,189.08 -5.11% 1934$29,056.44 3.08%
1935 $29,706.95 2.24% 1936$30,140.63 1.46%
1937 $31,224.83 3.60% 1938$30,574.31 -2.08%
1939 $30,140.63 -1.42% 1940$30,357.47 0.72%
1941 $31,875.34 5.00% 1942$35,344.77 10.88%
1943 $37,513.16 6.13% 1944$38,163.68 1.73%
1945 $39,031.03 2.27% 1946$42,283.62 8.33%
1947 $48,355.11 14.36% 1948$52,258.22 8.07%
1949 $51,607.70 -1.24% 1950$52,258.22 1.26%
1951 $56,378.16 7.88% 1952$57,462.36 1.92%
1953 $57,896.03 0.75% 1954$58,329.71 0.75%
1955 $58,112.87 -0.37% 1956$58,980.23 1.49%
1957 $60,931.78 3.31% 1958$62,666.49 2.85%
1959 $63,100.17 0.69% 1960$64,184.37 1.72%