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 1932
Value 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–).
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/