Natural gas · per therm · 1934 Estimated
This figure may be significantly off. It is projected back 44 years from the first recorded price, using general inflation. Items do not track inflation evenly — groceries in particular were far more expensive relative to other goods before modern agriculture, so a figure this old can understate the real price by two-fold or more. Use it for a sense of scale, not as a historical price.
$0.06in June 1934 — about $1.51 in today's money.
- Price in 1934$0.06
- Same money today$1.51
- Actual price now · June 2026$1.69
- Change since 1934+2695%
Price history
Record & method
No price was recorded for 1934. This figure is estimated: we took the earliest observed price (November 1978) and moved it back along the category inflation curve — a back-cast of 44 years. The further back it reaches, the less it should be trusted. Treat it as an approximation, not a historical fact.
- Source
- U.S. Bureau of Labor Statistics via FRED. Public domain.
- Series
- APU000072620
- Estimated for
- June 1934
- Coverage
- November 1978 – June 2026
- Adjusted by
- CPIAUCNS · 13.4 → 333.952 (June 2026)
- Back-cast
- 44 years before the first record · very low confidence
- License
- Public domain