Between 1934 and 1957, the Consumer Price Index went from 13.4 to 28.1.
Cumulatively, prices increased 109.7%, which works out to an average of
3.27% per year. Put differently, a dollar in 1934 bought what
$0.48 buys in 1957.
Common amounts: 1934 dollars in 1957
Amount in 1934
Value in 1957
$1.00
$2.10
$5.00
$10.49
$10.00
$20.97
$20.00
$41.94
$50.00
$105
$100
$210
$500
$1,049
$1,000
$2,097
$5,000
$10,485
$10,000
$20,970
$100,000
$209,701
$1,000,000
$2,097,015
Inflation by spending category, 1934–1957
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1934 spending costs in 1957, by category:
Category
Avg. yearly inflation
$100 in 1934 →
All items (CPI-U)
3.27%
$210
Food
4.05%
$249
Apparel
3.41%
$216
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 1957: $100 is worth $210 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1934-to-1957/
APA: InflationCalculator.com. Inflation from 1934 to 1957. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1934-to-1957/