Between 1935 and 1964, the Consumer Price Index went from 13.7 to 31.
Cumulatively, prices increased 126.3%, which works out to an average of
2.86% per year. Put differently, a dollar in 1935 bought what
$0.44 buys in 1964.
Common amounts: 1935 dollars in 1964
Amount in 1935
Value in 1964
$1.00
$2.26
$5.00
$11.31
$10.00
$22.63
$20.00
$45.26
$50.00
$113
$100
$226
$500
$1,131
$1,000
$2,263
$5,000
$11,314
$10,000
$22,628
$100,000
$226,277
$1,000,000
$2,262,774
Inflation by spending category, 1935–1964
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1935 spending costs in 1964, by category:
Category
Avg. yearly inflation
$100 in 1935 →
All items (CPI-U)
2.86%
$226
Food
3.27%
$254
Medical care
3.08%
$241
Apparel
2.87%
$227
Transportation
2.77%
$221
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 1964: $100 is worth $226 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1935-to-1964/
APA: InflationCalculator.com. Inflation from 1935 to 1964. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1935-to-1964/