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Inflation / $1 billion in 1930

$1 billion in 1930 Is Worth $19,329,341,317 Today

1832.9% total price increase since 1930

Between 1930 and 2025, US consumer prices rose by 1832.9%. That means $1 billion then had roughly the same buying power as $19,329,341,317 now — an average of 3.17% inflation per year over 95 years.

Equivalent today
$19,329,341,317
$1 billion in 1930
Average inflation
3.17%
per year, 1930–2025
Buying power multiplier
19.33×
CPI 322.8 ÷ 16.7

Value of $1 billion from 1930 to 2025

What $1 billion in 1930 was worth at each following decade, adjusted for consumer price inflation.

1930
$1,000,000,000
1940
$838,323,353
1950
$1,443,113,772
1960
$1,772,455,090
1970
$2,323,353,293
1980
$4,934,131,737
1990
$7,826,347,305
2000
$10,311,377,246
2010
$13,057,245,509
2020
$15,497,664,671
2025
$19,329,341,317

How this figure is calculated

Inflation adjustment uses the ratio of the Consumer Price Index between the two years — the same method the U.S. Bureau of Labor Statistics documents for comparing dollar amounts over time.

Adjusted = Amount × (CPI2025 ÷ CPI1930)
Adjusted = $1,000,000,000 × (322.8 ÷ 16.7) = $19,329,341,317

The index used is CPI-U (all urban consumers, US city average, all items), base period 1982-1984 = 100. Inflation in 1930 itself ran at -2.3%. The 2025 figure is the latest annual average available and may be revised by BLS.

Note: other inflation calculators may show slightly different results because some use a specific month rather than the annual average, or a different end year. This page uses annual averages throughout, and states both index values above so the arithmetic can be checked.

Data sources
  • U.S. Bureau of Labor Statistics — Consumer Price Index (CPI-U, U.S. city average, all items, annual average)
  • Federal Reserve Economic Data (FRED) — CPIAUCSL
  • Federal Reserve Bank of Minneapolis — Consumer Price Index, 1800–

Frequently asked questions

How much is $1 billion in 1930 worth today?

$1 billion in 1930 is equivalent in purchasing power to about $19,329,341,317 in 2025. That is an increase of $18,329,341,317 over 95 years, or a total price rise of 1832.9%.

What was the average inflation rate between 1930 and 2025?

Prices rose at an average of 3.17% per year between 1930 and 2025. Compounded over 95 years, that turns $1 billion into $19,329,341,317.

How is this calculated?

The amount is multiplied by the ratio of the Consumer Price Index in 2025 to the index in 1930: 322.8 divided by 16.7 equals 19.3293. Multiplying $1 billion by 19.3293 gives $19,329,341,317. The index is the CPI-U published by the U.S. Bureau of Labor Statistics, base period 1982-1984 = 100.

What would $1,000,000,000 today have been worth in 1930?

Running the comparison in reverse, $1,000,000,000 in 2025 has roughly the same buying power as $51,734,820 in 1930.

Related inflation comparisons

Other amounts in 1930
  • $1 in 1930 adjusted for inflation
  • $10 in 1930 adjusted for inflation
  • $100 in 1930 adjusted for inflation
  • $1,000 in 1930 adjusted for inflation
  • $5,000 in 1930 adjusted for inflation
  • $10,000 in 1930 adjusted for inflation

Try other amounts and years

Use the full inflation tool to compare any amount between any two years, or project what today's money will be worth in the future.

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