U.S. inflation · 1934–1937

Value of $100 in 1934, adjusted to 1937

$100 in 1934 has the same buying power as

$107

in 1937

$100$104$10719341937$100 · 1934$107 · 1937
Detailed inflation statistics
Cumulative price change7.5%
Average inflation rate2.43% per year
Converted amount ($100 base)$107
Price difference ($100 base)$7.46
CPI in 193413.4
CPI in 193714.4
Inflation in 19343.08%
Inflation in 19373.60%
$100 in 19341937$107
$100 in 19371934$93.06

What happened to prices between 1934 and 1937

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 1934Value 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–).

Year by year: CPI and the value of $100 from 1934

Year CPI Inflation rate $100 from 1934
1934 13.4 3.1% $100
1935 13.7 2.2% $102
1936 13.9 1.5% $104
1937 14.4 3.6% $107

Cite this page

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/

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.