# \$1 in 1935 → \$17.87 in 2017

## Inflation Calculator

\$

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

According to the Bureau of Labor Statistics consumer price index, 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 in purchasing power to \$17.87 in 2017, a difference of \$16.87 over 82 years.

The inflation rate in 2017 was 1.99%.

 Cumulative price change 1687.00% Average inflation rate 3.58% Price difference (\$1 base) \$16.87 CPI in 1935 13.7 CPI in 2017 244.786

#### Inflation rates for specific categories

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

### How to calculate the inflation rate for \$1, 1935 to 2017

This inflation calculator uses the following 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

\$1 in 1935 has the same "purchasing power" as \$17.87 in 2017.

### News headlines from 1935

Politics and news often influence economic performance. Here's what was happening at the time:

• Hitler violates the Treaty of Versailles by ordering German rearmament.
• In an event known as "Black Sunday", a severe sandstorm strikes the US Midwest, coining the term "Dust Bowl".
• 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

Raw data for these calculations comes from 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.

You may use the following MLA citation for this page: “\$1 in 1935 → 2017 | Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 23 May. 2018, https://www.officialdata.org/1935-dollars-in-2017?amount=1.