Between 1914 and 1917, the Consumer Price Index went from 10 to 12.8.
Cumulatively, prices increased 28.0%, which works out to an average of
8.58% per year. Put differently, a dollar in 1914 bought what
$0.78 buys in 1917.
Common amounts: 1914 dollars in 1917
Amount in 1914
Value in 1917
$1.00
$1.28
$5.00
$6.40
$10.00
$12.80
$20.00
$25.60
$50.00
$64.00
$100
$128
$500
$640
$1,000
$1,280
$5,000
$6,400
$10,000
$12,800
$100,000
$128,000
$1,000,000
$1,280,000
Inflation by spending category, 1914–1917
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1914 spending costs in 1917, by category:
Category
Avg. yearly inflation
$100 in 1914 →
All items (CPI-U)
8.58%
$128
Food
12.44%
$142
Apparel
10.43%
$135
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 1917: $100 is worth $128 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1914-to-1917/
APA: InflationCalculator.com. Inflation from 1914 to 1917. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1914-to-1917/