CPI-U in 1935
The U.S. Consumer Price Index for All Urban Consumers (CPI-U) averaged 13.7 in 1935 (1982–84 = 100), 2.2% above the 1934 average. From December 1934 to December 1935, prices rose 3.0%. Prices in August 2026 were 24.45 times their 1935 level.
Monthly CPI-U index values, 1935
The highest monthly index in 1935 was 13.8 (December), the lowest 13.6 (January). The 12-month inflation rate ranged from +0.7% in September to +3.8% in May. Historical context — Depression recovery (1934–1941): Prices recovered slowly after the 1933 devaluation of the dollar.
| Month | CPI-U index | Change from prior month | 12-month change |
|---|---|---|---|
| January 1935 | 13.6 | +1.5% | +3.0% |
| February 1935 | 13.7 | +0.7% | +3.0% |
| March 1935 | 13.7 | 0.0% | +3.0% |
| April 1935 | 13.8 | +0.7% | +3.8% |
| May 1935 | 13.8 | 0.0% | +3.8% |
| June 1935 | 13.7 | −0.7% | +2.2% |
| July 1935 | 13.7 | 0.0% | +2.2% |
| August 1935 | 13.7 | 0.0% | +2.2% |
| September 1935 | 13.7 | 0.0% | +0.7% |
| October 1935 | 13.7 | 0.0% | +1.5% |
| November 1935 | 13.8 | +0.7% | +2.2% |
| December 1935 | 13.8 | 0.0% | +3.0% |
CPI-U, U.S. city average, all items, not seasonally adjusted, 1982–84 = 100 (BLS series CUUR0000SA0). Before 2007 the BLS published the index to one decimal place. Annual average 13.7 as published by the BLS.
CPI 1935: common questions
What was the CPI in 1935?
The CPI-U annual average for 1935 was 13.7 on the 1982–84 = 100 base. Monthly values ranged from 13.6 to 13.8.
What was the inflation rate in 1935?
Measured by annual averages, consumer prices rose 2.2% in 1935; December to December the change was +3.0%.
How much is $100 from 1935 worth today?
About $2,445.11 in August 2026 prices, based on the change in CPI-U. Use the inflation calculator for other amounts.