Between 1934 and 1935, the Consumer Price Index went from 13.4 to 13.7.
Cumulatively, prices increased 2.2%, which works out to an average of
2.24% per year. Put differently, a dollar in 1934 bought what
$0.98 buys in 1935.
Common amounts: 1934 dollars in 1935
Amount in 1934
Value in 1935
$1.00
$1.02
$5.00
$5.11
$10.00
$10.22
$20.00
$20.45
$50.00
$51.12
$100
$102
$500
$511
$1,000
$1,022
$5,000
$5,112
$10,000
$10,224
$100,000
$102,239
$1,000,000
$1,022,388
Inflation by spending category, 1934–1935
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1934 spending costs in 1935, by category:
Category
Avg. yearly inflation
$100 in 1934 →
All items (CPI-U)
2.24%
$102
Food
6.90%
$107
Apparel
0.97%
$101
Not shown because the BLS began these indexes after 1934: core (all items less food & energy) (1957–), energy (1957–), housing (1967–), medical care (1935–), transportation (1935–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1934 to 1935: $100 is worth $102 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1934-to-1935/
APA: InflationCalculator.com. Inflation from 1934 to 1935. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1934-to-1935/