$1 in 1935 → $17.85 in 2017

The U.S. dollar experienced an average inflation rate of 3.58% per year between 1935 and 2017. $1 in the year 1935 is worth $17.85 in 2017.

The current inflation rate in 2017 is 1.88%1.


U.S. inflation from 1913 to 2017


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Public transportation · Alcoholic beverages · Gasoline (all types) · Financial services

How to calculate the inflation rate since 1935

Start with the CPI inflation formula:

CPI in 2017 / CPI in 1935 * 1935 USD value = 2017 USD value

Then plug in historical CPI values. The U.S. CPI was 13.7 in the year 1935 and 244.524 in 2017:

244.524 / 13.7 * $1 = $17.85

The "purchasing power" of $1 from 1935 is $17.85 in 2017.


News headlines from 1935

Politics and news often play an important role in economic performance.

  • Hitler violates the Treaty of Versailles ordering German rearmament.
  • A sandstorm in the US Midwest creates the "Dust Bowl" in an event known as Black Sunday.
  • Communist forces end their Long March bringing Mao Zedong to prominence.
  • First trans-pacific airmail flight by a Flying boat the "China Clipper" that took off from Alameda, California


Inflation Data Source: The Bureau of Labor Statistics' annual (CPI), established in 1913. Inflation data from 1665 to 1912 is sourced from a historical study conducted by political science professor Robert Sahr at Oregon State University.


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