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Rice, white · per lb · 1934 Estimated

This figure may be significantly off. It is projected back 46 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.

$0.08in June 1934 — about $2.06 in today's money.

Price history

$0.50$1.0019801990200020102020
19802026 · price per lb · no observations before 1980

Record & method

No price was recorded for 1934. This figure is estimated: we took the earliest observed price (January 1980) and moved it back along the category inflation curve — a back-cast of 46 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
APU0000701312
Estimated for
June 1934
Coverage
January 1980June 2026
Adjusted by
CPIAUCNS · 13.4333.952 (June 2026)
Back-cast
46 years before the first record · very low confidence
License
Public domain

See the full price history for rice, white

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Verified prices are drawn from U.S. public records (BLS/FRED, public domain). Estimated prices are inflation-derived and labeled as such.
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