# $32,798 in 1930 is worth$128,049.68 in 1978

$32,798 in 1930 has the same purchasing power as$128,049.68 in 1978. Over the 48 years this is a change of $95,251.68. The average inflation rate of the dollar between 1930 and 1978 was 2.87% per year. The cumulative price increase of the dollar over this time was 290.42%. ## The value of$32,798 from 1930 to 1978

So what does this data mean? It means that the prices in 1978 are 1,280.50 higher than the average prices since 1930. A dollar in 1978 can buy 25.61% of what it could buy in 1930.

We can look at the buying power equivalent for $32,798 in 1930 to see how much you would need to adjust for in order to beat inflation. For 1930 to 1978, if you started with$32,798 in 1930, you would need to have $128,049.68 in 1930 to keep up with inflation rates. So if we are saying that$32,798 is equivalent to $128,049.68 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 48 years. ## Value of$32,798 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
1930 $32,798.00 -2.34% 1931$29,852.07 -8.98%
1932 $26,906.14 -9.87% 1933$25,531.38 -5.11%
1934 $26,316.96 3.08% 1935$26,906.14 2.24%
1936 $27,298.93 1.46% 1937$28,280.91 3.60%
1938 $27,691.72 -2.08% 1939$27,298.93 -1.42%
1940 $27,495.33 0.72% 1941$28,870.10 5.00%
1942 $32,012.42 10.88% 1943$33,976.37 6.13%
1944 $34,565.56 1.73% 1945$35,351.14 2.27%
1946 $38,297.07 8.33% 1947$43,796.13 14.36%
1948 $47,331.25 8.07% 1949$46,742.06 -1.24%
1950 $47,331.25 1.26% 1951$51,062.75 7.88%
1952 $52,044.73 1.92% 1953$52,437.52 0.75%
1954 $52,830.31 0.75% 1955$52,633.92 -0.37%
1956 $53,419.50 1.49% 1957$55,187.05 3.31%
1958 $56,758.22 2.85% 1959$57,151.01 0.69%
1960 $58,132.98 1.72% 1961$58,722.17 1.01%
1962 $59,311.35 1.00% 1963$60,096.93 1.32%
1964 $60,882.51 1.31% 1965$61,864.49 1.61%
1966 $63,632.05 2.86% 1967$65,596.00 3.09%
1968 $68,345.53 4.19% 1969$72,077.04 5.46%
1970 $76,201.34 5.72% 1971$79,540.06 4.38%
1972 $82,093.20 3.21% 1973$87,199.47 6.22%
1974 $96,822.84 11.04% 1975$105,660.62 9.13%
1976 $111,748.87 5.76% 1977$119,015.50 6.50%