Between 1935 and 1954, the Consumer Price Index went from 13.7 to 26.9.
Cumulatively, prices increased 96.4%, which works out to an average of
3.62% per year. Put differently, a dollar in 1935 bought what
$0.51 buys in 1954.
Common amounts: 1935 dollars in 1954
Amount in 1935
Value in 1954
$1.00
$1.96
$5.00
$9.82
$10.00
$19.64
$20.00
$39.27
$50.00
$98.18
$100
$196
$500
$982
$1,000
$1,964
$5,000
$9,818
$10,000
$19,635
$100,000
$196,350
$1,000,000
$1,963,504
Inflation by spending category, 1935–1954
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1935 spending costs in 1954, by category:
Category
Avg. yearly inflation
$100 in 1935 →
All items (CPI-U)
3.62%
$196
Food
4.42%
$227
Apparel
3.91%
$207
Transportation
3.26%
$184
Medical care
2.97%
$175
Not shown because the BLS began these indexes after 1935: core (all items less food & energy) (1957–), energy (1957–), housing (1967–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1935 to 1954: $100 is worth $196 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1935-to-1954/
APA: InflationCalculator.com. Inflation from 1935 to 1954. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1935-to-1954/