U.S. inflation · 1932–1934

Value of $100 in 1932, adjusted to 1934

$100 in 1932 has the same buying power as

$97.81

in 1934

$95$97$100193219331934$100 · 1932$98 · 1934
Detailed inflation statistics
Cumulative price change-2.2%
Average inflation rate-1.10% per year
Converted amount ($100 base)$97.81
Price difference ($100 base)-$2.19
CPI in 193213.7
CPI in 193413.4
Inflation in 1932-9.87%
Inflation in 19343.08%
$100 in 19321934$97.81
$100 in 19341932$102

What happened to prices between 1932 and 1934

Between 1932 and 1934, the Consumer Price Index went from 13.7 to 13.4. Cumulatively, prices declined 2.2%, which works out to an average of -1.10% per year. Put differently, a dollar in 1932 bought what $1.02 buys in 1934.

Common amounts: 1932 dollars in 1934

Amount in 1932Value in 1934
$1.00$0.98
$5.00$4.89
$10.00$9.78
$20.00$19.56
$50.00$48.91
$100$97.81
$500$489
$1,000$978
$5,000$4,891
$10,000$9,781
$100,000$97,810
$1,000,000$978,102

Inflation by spending category, 1932–1934

The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 1932 spending costs in 1934, by category:

Category Avg. yearly inflation $100 in 1932 →
All items (CPI-U) -1.10% $97.81
Food 4.12% $108
Apparel 2.78% $106

Not shown because the BLS began these indexes after 1932: core (all items less food & energy) (1957–), energy (1957–), housing (1967–), medical care (1935–), transportation (1935–), recreation (1993–), education & communication (1993–).

Year by year: CPI and the value of $100 from 1932

Year CPI Inflation rate $100 from 1932
1932 13.7 -9.9% $100
1933 13 -5.1% $94.89
1934 13.4 3.1% $97.81

Cite this page

MLA: “Inflation from 1932 to 1934: $100 is worth $97.81 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1932-to-1934/

APA: InflationCalculator.com. Inflation from 1932 to 1934. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1932-to-1934/

Source: U.S. Bureau of Labor Statistics, CPI-U annual averages (series CUUR0000SA0; category indexes listed on the data sources page). See how these numbers are calculated.