U.S. inflation · 1913–2007

Value of $100 in 1913, adjusted to 2007

$100 in 1913 is worth $2,094 in 2007, because prices increased 1994.4% over that period, an average of 3.29% a year.

$100 in 1913 has the same buying power as

$2,094

in 2007

$100$1.1k$2.1k19131937196019842007$100 · 1913$2.1k · 2007
Detailed inflation statistics
Cumulative price change1994.4%
Average inflation rate3.29% per year
Converted amount ($100 base)$2,094
Price difference ($100 base)$1,994
CPI in 19139.9
CPI in 2007207.342
Inflation in 1913n/a
Inflation in 20072.85%
$100 in 1913 → 2007$2,094
$100 in 2007 → 1913$4.77

What happened to prices between 1913 and 2007

Between 1913 and 2007, the Consumer Price Index went from 9.9 to 207.342. Cumulatively, prices increased 1994.4%, which works out to an average of 3.29% per year. Put differently, a dollar in 1913 bought what $0.05 buys in 2007: the 1913 dollar lost 95.2% of its purchasing power over these 94 years.

1913 is where this site’s price history begins, because it’s where the Bureau of Labor Statistics’ own consumer price data begins. The CPI wasn’t published in real time back then; the BLS built the earliest index retroactively from retail price records collected starting in 1913, which makes every dollar figure on this site ultimately anchored to that year’s prices. It was also the year the machinery of modern federal economic policy was built. The 16th Amendment, ratified in February, cleared the constitutional path for a federal income tax, and the Revenue Act that followed in October imposed a top rate of just 7% on income above $500,000, a narrow tax that would later be reshaped into the broad-based system that funds the government today. In December, Congress passed the Federal Reserve Act, creating the central bank that would eventually take on fighting inflation as one of its core jobs, including the 19%-plus interest rates it deployed against the 1970s and early 1980s price surge. Consumer life in 1913 was correspondingly simple by later standards: a first-class stamp cost 2 cents, a price that held from 1885 all the way to 1917, and the Ford Motor Company introduced the moving assembly line at its Highland Park plant that year, a manufacturing breakthrough that would spend the next decade driving down the cost of a car faster than prices elsewhere were rising.

More about inflation in 1913 →

Common amounts: 1913 dollars in 2007

Every 1913 amount converts to 2007 at the same ratio, 20.94: $1,000 becomes $20,944, and $10,000 becomes $209,436.

Amount in 1913Value in 2007
$1.00$20.94
$5.00$105
$10.00$209
$20.00$419
$50.00$1,047
$100$2,094
$500$10,472
$1,000$20,944
$5,000$104,718
$10,000$209,436
$100,000$2,094,364
$1,000,000$20,943,636

Inflation by spending category, 1913–2007

The headline number is an average; here is what $100 of 1913 spending costs in 2007, by category:

Category Avg. yearly inflation $100 in 1913 →
All items (CPI-U) 3.29% $2,094
Food 3.25% $2,029

Not shown because the BLS began these indexes after 1913: core (all items less food & energy) (1957–), energy (1957–), housing (1967–), medical care (1935–), apparel (1914–), transportation (1935–), recreation (1993–), education & communication (1993–).

Decade by decade: 1913 to 2007

Prices climbed fastest in the 1910s, averaging 10.57% a year, and fell in the 1920s (1.8% a year). Each step below chains into the full 1913–2007 change:

Years Avg. yearly inflation Price change $100 from 1913, at end
1913–1920 10.57% 102.0% $202
1920–1930 -1.79% -16.5% $169
1930–1940 -1.75% -16.2% $141
1940–1950 5.58% 72.1% $243
1950–1960 2.08% 22.8% $299
1960–1970 2.74% 31.1% $392
1970–1980 7.82% 112.4% $832
1980–1990 4.72% 58.6% $1,320
1990–2000 2.80% 31.8% $1,739
2000–2007 2.69% 20.4% $2,094

Year by year: CPI and the value of $100 from 1913

$100 from 1913 had already become $292 by 1958, on its way to $2,094 in 2007; each row shows the CPI, that year's inflation rate, and the running value. Within the span, inflation peaked at 18.0% in 1918, and prices fell 10.5% in 1921, the deepest deflation of the period.

Year CPI Inflation rate $100 from 1913
1913 9.9 n/a $100
1918 15.1 18.0% $153
1923 17.1 1.8% $173
1928 17.1 -1.7% $173
1933 13 -5.1% $131
1938 14.1 -2.1% $142
1943 17.3 6.1% $175
1948 24.1 8.1% $243
1953 26.7 0.8% $270
1958 28.9 2.8% $292
1963 30.6 1.3% $309
1968 34.8 4.2% $352
1973 44.4 6.2% $448
1978 65.2 7.6% $659
1983 99.6 3.2% $1,006
1988 118.3 4.1% $1,195
1993 144.5 3.0% $1,460
1998 163 1.6% $1,646
2003 184 2.3% $1,859
2007 207.342 2.8% $2,094

Long periods are sampled every 5 years; the calculator above covers any pair of years.

The destination year: 2007

In 2007, prices rose 2.8% and $100 from 1913 had the buying power of $2,094; the year's average CPI of 207.342 is the level behind every 2007 figure on this page.

Inflation was 2.8% in 2007, with gasoline averaging $2.80 a gallon, but the year is better known for what began underneath prices. In August, French bank BNP Paribas froze funds tied to U.S. subprime mortgages, and credit between banks tightened. The Federal Reserve responded with a half-point cut on September 18, its first in four years, and took the policy rate from 5.25% to 4.25% by December. The economy peaked that month, by the National Bureau of Economic Research’s dating, and the Great Recession followed. The median household earned about $50,200, and the median new home cost $247,900. Congress ended the decade-long freeze on the federal minimum wage in May, with the first of three steps to $5.85 in July. A first-class stamp cost 41 cents.

More about inflation in 2007 →

Cite this page

MLA: “Inflation from 1913 to 2007: $100 is worth $2,094 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1913-to-2007/

APA: InflationCalculator.com. Inflation from 1913 to 2007. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1913-to-2007/

Source: U.S. Bureau of Labor Statistics, CPI-U annual averages (series CUUR0000SA0; category indexes listed on the data sources page). See how these numbers are calculated.