U.S. inflation · 1933–1934

Value of $100 in 1933, adjusted to 1934

$100 in 1933 has the same buying power as

$103

in 1934

$100$102$10319331934$100 · 1933$103 · 1934
Detailed inflation statistics
Cumulative price change3.1%
Average inflation rate3.08% per year
Converted amount ($100 base)$103
Price difference ($100 base)$3.08
CPI in 193313
CPI in 193413.4
Inflation in 1933-5.11%
Inflation in 19343.08%
$100 in 19331934$103
$100 in 19341933$97.01

What happened to prices between 1933 and 1934

Between 1933 and 1934, the Consumer Price Index went from 13 to 13.4. Cumulatively, prices increased 3.1%, which works out to an average of 3.08% per year. Put differently, a dollar in 1933 bought what $0.97 buys in 1934.

Common amounts: 1933 dollars in 1934

Amount in 1933Value in 1934
$1.00$1.03
$5.00$5.15
$10.00$10.31
$20.00$20.62
$50.00$51.54
$100$103
$500$515
$1,000$1,031
$5,000$5,154
$10,000$10,308
$100,000$103,077
$1,000,000$1,030,769

Inflation by spending category, 1933–1934

The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 1933 spending costs in 1934, by category:

Category Avg. yearly inflation $100 in 1933 →
All items (CPI-U) 3.08% $103
Food 11.54% $112
Apparel 9.57% $110

Not shown because the BLS began these indexes after 1933: 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 1933

Year CPI Inflation rate $100 from 1933
1933 13 -5.1% $100
1934 13.4 3.1% $103

Cite this page

MLA: “Inflation from 1933 to 1934: $100 is worth $103 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1933-to-1934/

APA: InflationCalculator.com. Inflation from 1933 to 1934. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1933-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.