Between 1914 and 1916, the Consumer Price Index went from 10 to 10.9.
Cumulatively, prices increased 9.0%, which works out to an average of
4.40% per year. Put differently, a dollar in 1914 bought what
$0.92 buys in 1916.
Common amounts: 1914 dollars in 1916
Amount in 1914
Value in 1916
$1.00
$1.09
$5.00
$5.45
$10.00
$10.90
$20.00
$21.80
$50.00
$54.50
$100
$109
$500
$545
$1,000
$1,090
$5,000
$5,450
$10,000
$10,900
$100,000
$109,000
$1,000,000
$1,090,000
Inflation by spending category, 1914–1916
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1914 spending costs in 1916, by category:
Category
Avg. yearly inflation
$100 in 1914 →
All items (CPI-U)
4.40%
$109
Apparel
5.83%
$112
Food
5.25%
$111
Not shown because the BLS began these indexes after 1914: core (all items less food & energy) (1957–), energy (1957–), housing (1967–), medical care (1935–), transportation (1935–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1914 to 1916: $100 is worth $109 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1914-to-1916/
APA: InflationCalculator.com. Inflation from 1914 to 1916. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1914-to-1916/