$1 in 1935 → $17.87 in 2017

Inflation Calculator

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U.S. Inflation Rate, 1935-2017 ($1)

According to the Bureau of Labor Statistics, the dollar experienced an average inflation rate of 3.58% per year. Prices in 2017 are 1687.0% higher than prices in 1935.

In other words, $1 in the year 1935 is equivalent to $17.87 in 2017, a difference of $16.87 over 82 years.

The current inflation rate in 2017 is 1.99%1. If this number holds, $1 today will be equivalent to $1.02 next year.


U.S. inflation from 1913 to 2017


Inflation rates for specific categories

Baby food · Wine at home · Dental services · More

Inflation-adjusted measures

S&P 500 price · S&P 500 earnings · Shiller P/E

How to calculate the inflation rate for $1 since 1935

Start with the inflation rate 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 244.786 in 2017:

244.786 / 13.7 * $1 = $17.87

The "purchasing power" of $1 from 1935 is $17.87 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' (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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