Between 1934 and 1937, the Consumer Price Index went from 13.4 to 14.4.
Cumulatively, prices increased 7.5%, which works out to an average of
2.43% per year. Put differently, a dollar in 1934 bought what
$0.93 buys in 1937.
Common amounts: 1934 dollars in 1937
Amount in 1934
Value in 1937
$1.00
$1.07
$5.00
$5.37
$10.00
$10.75
$20.00
$21.49
$50.00
$53.73
$100
$107
$500
$537
$1,000
$1,075
$5,000
$5,373
$10,000
$10,746
$100,000
$107,463
$1,000,000
$1,074,627
Inflation by spending category, 1934–1937
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1934 spending costs in 1937, by category:
Category
Avg. yearly inflation
$100 in 1934 →
All items (CPI-U)
2.43%
$107
Food
4.14%
$113
Apparel
2.22%
$107
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 1937: $100 is worth $107 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1934-to-1937/
APA: InflationCalculator.com. Inflation from 1934 to 1937. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1934-to-1937/