Prices are now 25.0x higher than in 1934
According to the Bureau of Labor Statistics, something that cost $100 in 1934 costs about $2,499.85 today. The inflation rate in 1934 was 3.1%, and total inflation from 1934 to August 2026 was 2,400%.
The S&P 500 index started 1934 at 10.54. With dividends reinvested, $100 invested in the S&P 500 in 1934 would have grown to about $1,727,337.12 by 2026, before adjusting for inflation.
Some costs rose much faster than others. Compared with overall inflation, food rose the most since 1934 (20% more than inflation), and clothing rose the least (73% less).
| All prices, on average | $2,499.85 |
| Food | $3,000.40 |
| Rent | $2,068.34 |
| Electricity | $906.67 |
| Clothing | $664.20 |
Cost of living in 1934 by category
The Bureau of Labor Statistics began publishing average prices for individual items in 1980. For 1934, these comparisons use the consumer price index for each spending category: each row shows what something that cost $100 in 1934 costs in August 2026, and how that compares with overall inflation of 2,400%.
Food & drink
| Category | $100 in 1934 today | Compared with inflation |
|---|---|---|
| Food | $100 in 1934 today$3,000.40 | Compared with inflation20% more than inflation |
Housing & energy
| Category | $100 in 1934 today | Compared with inflation |
|---|---|---|
| Rent | $100 in 1934 today$2,068.34 | Compared with inflation17% less than inflation |
| Electricity | $100 in 1934 today$906.67 | Compared with inflation64% less than inflation |
Other costs
| Category | $100 in 1934 today | Compared with inflation |
|---|---|---|
| Clothing | $100 in 1934 today$664.20 | Compared with inflation73% less than inflation |
Frequently asked questions
How much is $1 from 1934 worth today?
$1 in 1934 has about the same buying power as $25.00 today, according to the Bureau of Labor Statistics consumer price index.
What was the inflation rate in 1934?
The U.S. inflation rate in 1934 was 3.1%, measured as the change in the consumer price index from 1933 to 1934.
Which costs rose the most since 1934?
Of the spending categories tracked since 1934, food rose the most relative to overall inflation: something that cost $100 in 1934 costs about $3000.40 today. Clothing rose the least, to about $664.20.
Where these numbers come from
Category comparisons use the Bureau of Labor Statistics consumer price index for each category, from the 1934 annual average to August 2026. Overall inflation uses the same consumer price index as our 1934 inflation calculator. S&P 500 values are from Robert Shiller's historical stock market data.
Prices in other years
- 1914
- 1915
- 1916
- 1917
- 1918
- 1919
- 1920
- 1921
- 1922
- 1923
- 1924
- 1925
- 1926
- 1927
- 1928
- 1929
- 1930
- 1931
- 1932
- 1933
- 1934
- 1935
- 1936
- 1937
- 1938
- 1939
- 1940
- 1941
- 1942
- 1943
- 1944
- 1945
- 1946
- 1947
- 1948
- 1949
- 1950
- 1951
- 1952
- 1953
- 1954
- 1955
- 1956
- 1957
- 1958
- 1959
- 1960
- 1961
- 1962
- 1963
- 1964
- 1965
- 1966
- 1967
- 1968
- 1969
- 1970
- 1971
- 1972
- 1973
- 1974
- 1975
- 1976
- 1977
- 1978
- 1979
- 1980
- 1981
- 1982
- 1983
- 1984
- 1985
- 1986
- 1987
- 1988
- 1989
- 1990
- 1991
- 1992
- 1993
- 1994
- 1995
- 1996
- 1997
- 1998
- 1999
- 2000
- 2001
- 2002
- 2003
- 2004
- 2005
- 2006
- 2007
- 2008
- 2009
- 2010
- 2011
- 2012
- 2013
- 2014
- 2015
- 2016
- 2017
- 2018
- 2019
- 2020
- 2021
- 2022
- 2023
- 2024
- 2025
| All prices, on average | $2,499.85 |
| Food | $3,000.40 |
| Rent | $2,068.34 |
| Electricity | $906.67 |
| Clothing | $664.20 |