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 1933
Value 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–).
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/