Between 1934 and 2001, the Consumer Price Index went from 13.4 to 177.1.
Cumulatively, prices increased 1221.6%, which works out to an average of
3.93% per year. Put differently, a dollar in 1934 bought what
$0.08 buys in 2001.
Common amounts: 1934 dollars in 2001
Amount in 1934
Value in 2001
$1.00
$13.22
$5.00
$66.08
$10.00
$132
$20.00
$264
$50.00
$661
$100
$1,322
$500
$6,608
$1,000
$13,216
$5,000
$66,082
$10,000
$132,164
$100,000
$1,321,642
$1,000,000
$13,216,418
Inflation by spending category, 1934–2001
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1934 spending costs in 2001, by category:
Category
Avg. yearly inflation
$100 in 1934 →
All items (CPI-U)
3.93%
$1,322
Food
4.12%
$1,492
Apparel
2.76%
$618
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–).
Long periods are sampled every 5 years; the calculator above covers any pair of years.
Cite this page
MLA: “Inflation from 1934 to 2001: $100 is worth $1,322 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1934-to-2001/
APA: InflationCalculator.com. Inflation from 1934 to 2001. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1934-to-2001/