U.S. inflation · 1934–2026

Value of $100 in 1934, adjusted to 2026

$100 in 1934 is worth $2,479 in 2026, because prices increased 2379.4% over that period, an average of 3.55% a year.

$100 in 1934 has the same buying power as

$2,479

in 2026

$100$1.3k$2.5k19341957198020032026$100 · 1934$2.5k · 2026
Detailed inflation statistics
Cumulative price change2379.4%
Average inflation rate3.55% per year
Converted amount ($100 base)$2,479
Price difference ($100 base)$2,379
CPI in 193413.4
CPI in 2026332.243
Inflation in 19343.08%
Inflation in 20263.20%
$100 in 1934 → 2026$2,479
$100 in 2026 → 1934$4.03

Uses a partial-year average for the current year; updates with each CPI release.

What happened to prices between 1934 and 2026

Between 1934 and 2026, the Consumer Price Index went from 13.4 to 332.243. Cumulatively, prices increased 2379.4%, which works out to an average of 3.55% per year. Put differently, a dollar in 1934 bought what $0.04 buys in 2026: the 1934 dollar lost 96.0% of its purchasing power over these 92 years.

Consumer prices rose 3.1% in 1934, the first annual increase since 1926; every year from 1927 through 1933 had been flat or falling, so the turn marked a real break after eight years without a single gain. Currency policy did some of the work. The Gold Reserve Act, signed January 30, formally devalued the dollar by raising the official price of gold from $20.67 to $35 an ounce, part of the administration’s deliberate effort to reflate prices after four straight years of deflation. Financial regulation tightened at the same time: the Securities Exchange Act of June 6 created the Securities and Exchange Commission to police stock exchanges and enforce disclosure rules, a direct response to the speculation blamed for the 1929 crash. The recovery was fragile and unevenly felt, especially on the Great Plains, where drought had turned overplowed farmland to dust. Over May 9-11, high winds lifted an estimated 350 million tons of topsoil into the air, darkening skies as far away as Washington and New York and giving city readers who had never seen a wheat field a first glimpse of the disaster building in Kansas, Oklahoma, and Texas. Consumer prices stood 35.4% above their 1913 level, still well below the 1929 peak but rising for the first time since the Depression began. First-class postage held at 3 cents.

More about inflation in 1934 →

Common amounts: 1934 dollars in 2026

Every 1934 amount converts to 2026 at the same ratio, 24.79: $1,000 becomes $24,794, and $10,000 becomes $247,943.

Amount in 1934Value in 2026
$1.00$24.79
$5.00$124
$10.00$248
$20.00$496
$50.00$1,240
$100$2,479
$500$12,397
$1,000$24,794
$5,000$123,971
$10,000$247,943
$100,000$2,479,425
$1,000,000$24,794,254

Inflation by spending category, 1934–2026

Between 1934 and 2026, food rose the most, up 2905.1%, while apparel rose the least, up 562.3%, against 2379.4% for all items. The headline number is an average; here is what $100 of 1934 spending costs in 2026, by category:

Category Avg. yearly inflation $100 in 1934 →
All items (CPI-U) 3.55% $2,479
Food 3.77% $3,005
Apparel 2.08% $662

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–).

Decade by decade: 1934 to 2026

Prices climbed fastest in the 1970s, averaging 7.82% a year, and slowest in the 1930s (0.73% a year). Each step below chains into the full 1934–2026 change:

Years Avg. yearly inflation Price change $100 from 1934, at end
1934–1940 0.73% 4.5% $104
1940–1950 5.58% 72.1% $180
1950–1960 2.08% 22.8% $221
1960–1970 2.74% 31.1% $290
1970–1980 7.82% 112.4% $615
1980–1990 4.72% 58.6% $975
1990–2000 2.80% 31.8% $1,285
2000–2010 2.39% 26.6% $1,627
2010–2020 1.73% 18.7% $1,931
2020–2026 4.25% 28.4% $2,479

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

$100 from 1934 had already become $542 by 1979, on its way to $2,479 in 2026; each row shows the CPI, that year's inflation rate, and the running value. Within the span, inflation peaked at 14.4% in 1947, and prices fell 2.1% in 1938, the deepest deflation of the period.

Year CPI Inflation rate $100 from 1934
1934 13.4 3.1% $100
1939 13.9 -1.4% $104
1944 17.6 1.7% $131
1949 23.8 -1.2% $178
1954 26.9 0.7% $201
1959 29.1 0.7% $217
1964 31 1.3% $231
1969 36.7 5.5% $274
1974 49.3 11.0% $368
1979 72.6 11.3% $542
1984 103.9 4.3% $775
1989 124 4.8% $925
1994 148.2 2.6% $1,106
1999 166.6 2.2% $1,243
2004 188.9 2.7% $1,410
2009 214.537 -0.4% $1,601
2014 236.736 1.6% $1,767
2019 255.657 1.8% $1,908
2024 313.689 2.9% $2,341
2026 332.243 3.2% $2,479

Long periods are sampled every 5 years; the calculator above covers any pair of years.

The destination year: 2026

In 2026, prices rose 3.2% and $100 from 1934 had the buying power of $2,479; the year's average CPI of 332.243 is the level behind every 2026 figure on this page.

Cite this page

MLA: “Inflation from 1934 to 2026: $100 is worth $2,479 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1934-to-2026/

APA: InflationCalculator.com. Inflation from 1934 to 2026. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1934-to-2026/

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.