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Inflation by year

What $100 in 1920 is worth today

$100 in 1920 has the same buying power as $1,674.90 in August 2026. Prices have risen 1,574.9% since, an average of 2.69% a year.

Against the 2025 annual average instead of the latest month, it is $1,609.72.

Convert any amount from 1920

$100.00 in 1920 is worth

$1,674.90

in August 2026 — the same buying power

Total change

$1,574.90 more

1,574.9%
Average a year

Geometric mean over the period

2.69%
Years apart
106.1
$1 in August 2026, in 1920 dollars

It buys what this amount bought in 1920

$0.06

The index behind it

CPI-U in 1920
20.000
CPI-U in August 2026
334.980
Ratio

Your amount multiplied by this ratio gives the answer

16.7490

Annual averages of the Consumer Price Index for All Urban Consumers, 1982–84 = 100, published by the U.S. Bureau of Labor Statistics. 2026 has no annual average yet, so it uses August 2026, the latest month published.

  • Warning: Over spans this long, the CPI basket itself has changed enormously. The ratio is arithmetically correct but comparing living standards across many decades is a much weaker claim than the number suggests.
  • Note: Based on CPI-U: 20 (1920 annual average) and 334.98 (August 2026, the latest month published), 1982–84 = 100.
What do you want to work out?

1913 onwards

Up to 2026

1920 dollars in today’s money

Amounts from 1920 in August 2026 dollars
In 1920In August 2026
$1.00$16.75
$5.00$83.75
$10.00$167.49
$20.00$334.98
$50.00$837.45
$100.00$1,674.90
$500.00$8,374.50
$1,000.00$16,749.00
$5,000.00$83,745.00
$10,000.00$167,490.00
$100,000.00$1,674,900.00

Every row is the 1920 amount multiplied by the same ratio: CPI-U of 334.980 in August 2026 divided by 20.000, the 1920 annual average — 16.7490. Put the other way, a dollar today buys what $0.06 bought in 1920.

Inflation in 1920

Prices rose 15.6% between the 1919 and 1920 annual averages. Of the 112 years with a measured rate, from 1914 to 2025, that ranks 3rd from the highest.

Prices first stood at double their 1920 level in 1971, 51 years later.

The 1920s, year by year

Across 1920–1929, prices rose in 4 of the 10 years with a measured change, fell in 4, and held level in 2. The sharpest rise was 15.6% in 1920. The steepest fall was 10.5% in 1921.

CPI-U annual averages, 1920–1929
YearCPI-UChange on the year before
192020.000+15.6%
192117.900−10.5%
192216.800−6.1%
192317.100+1.8%
192417.1000.0%
192517.500+2.3%
192617.700+1.1%
192717.400−1.7%
192817.100−1.7%
192917.1000.0%

$100 from 1920, in every year since

$0$1,000$2,000192019401960198020002020
Each point is $100 from 1920 expressed in that year’s dollars, from annual averages, ending at August 2026.

Every year since 1920

$100 from 1920, the CPI-U, and the change on the year before
Year$100 from 1920CPI-UInflation
1920$100.0020.000+15.6%
1921$89.5017.900−10.5%
1922$84.0016.800−6.1%
1923$85.5017.100+1.8%
1924$85.5017.1000.0%
1925$87.5017.500+2.3%
1926$88.5017.700+1.1%
1927$87.0017.400−1.7%
1928$85.5017.100−1.7%
1929$85.5017.1000.0%
1930$83.5016.700−2.3%
1931$76.0015.200−9.0%
1932$68.5013.700−9.9%
1933$65.0013.000−5.1%
1934$67.0013.400+3.1%
1935$68.5013.700+2.2%
1936$69.5013.900+1.5%
1937$72.0014.400+3.6%
1938$70.5014.100−2.1%
1939$69.5013.900−1.4%
1940$70.0014.000+0.7%
1941$73.5014.700+5.0%
1942$81.5016.300+10.9%
1943$86.5017.300+6.1%
1944$88.0017.600+1.7%
1945$90.0018.000+2.3%
1946$97.5019.500+8.3%
1947$111.5022.300+14.4%
1948$120.5024.100+8.1%
1949$119.0023.800−1.2%
1950$120.5024.100+1.3%
1951$130.0026.000+7.9%
1952$132.5026.500+1.9%
1953$133.5026.700+0.8%
1954$134.5026.900+0.7%
1955$134.0026.800−0.4%
1956$136.0027.200+1.5%
1957$140.5028.100+3.3%
1958$144.5028.900+2.8%
1959$145.5029.100+0.7%
1960$148.0029.600+1.7%
1961$149.5029.900+1.0%
1962$151.0030.200+1.0%
1963$153.0030.600+1.3%
1964$155.0031.000+1.3%
1965$157.5031.500+1.6%
1966$162.0032.400+2.9%
1967$167.0033.400+3.1%
1968$174.0034.800+4.2%
1969$183.5036.700+5.5%
1970$194.0038.800+5.7%
1971$202.5040.500+4.4%
1972$209.0041.800+3.2%
1973$222.0044.400+6.2%
1974$246.5049.300+11.0%
1975$269.0053.800+9.1%
1976$284.5056.900+5.8%
1977$303.0060.600+6.5%
1978$326.0065.200+7.6%
1979$363.0072.600+11.3%
1980$412.0082.400+13.5%
1981$454.5090.900+10.3%
1982$482.5096.500+6.2%
1983$498.0099.600+3.2%
1984$519.50103.900+4.3%
1985$538.00107.600+3.6%
1986$548.00109.600+1.9%
1987$568.00113.600+3.6%
1988$591.50118.300+4.1%
1989$620.00124.000+4.8%
1990$653.50130.700+5.4%
1991$681.00136.200+4.2%
1992$701.50140.300+3.0%
1993$722.50144.500+3.0%
1994$741.00148.200+2.6%
1995$762.00152.400+2.8%
1996$784.50156.900+3.0%
1997$802.50160.500+2.3%
1998$815.00163.000+1.6%
1999$833.00166.600+2.2%
2000$861.00172.200+3.4%
2001$885.50177.100+2.8%
2002$899.50179.900+1.6%
2003$920.00184.000+2.3%
2004$944.50188.900+2.7%
2005$976.50195.300+3.4%
2006$1,008.00201.600+3.2%
2007$1,036.71207.342+2.8%
2008$1,076.51215.303+3.8%
2009$1,072.69214.537−0.4%
2010$1,090.28218.056+1.6%
2011$1,124.70224.939+3.2%
2012$1,147.97229.594+2.1%
2013$1,164.79232.957+1.5%
2014$1,183.68236.736+1.6%
2015$1,185.09237.017+0.1%
2016$1,200.04240.007+1.3%
2017$1,225.60245.120+2.1%
2018$1,255.54251.107+2.4%
2019$1,278.29255.657+1.8%
2020$1,294.05258.811+1.2%
2021$1,354.85270.970+4.7%
2022$1,463.27292.655+8.0%
2023$1,523.51304.702+4.1%
2024$1,568.45313.689+2.9%
2025$1,609.72321.943+2.6%
August 2026$1,674.90334.980—

The first row is 1920 itself, where $100 is still $100. Each later row is that year’s CPI-U divided by 20.000, multiplied by $100 — the same arithmetic as the calculator above, applied once a year.

What this cannot tell you

CPI is a national average, and your own prices will differ. Housing, healthcare and education have risen much faster than the index as a whole, and some goods — electronics above all — have become far cheaper.

It does not capture regional differences. A dollar in 1920 went further in some places than others, and still does.

The basket itself has changed. People in 1920 did not buy what people buy now, so the ratio is exact arithmetic on a comparison that is looser than a single number suggests, and more so over a span this long.

August 2026 is one month, not a year. Monthly figures carry some seasonal movement, so this headline shifts slightly each month until BLS publishes the full-year average.

Other years

For any other year from 1913 onwards, use the Inflation Calculator.

Source

U.S. Bureau of Labor Statistics — CPI-U, U.S. city average, all items (series CUUR0000SA0). Annual averages for complete years, and the latest monthly value for the current one. The data is checked against BLS every month and was last updated on .