Between 1915 and 1916, the Consumer Price Index went from 10.1 to 10.9.
Cumulatively, prices increased 7.9%, which works out to an average of
7.92% per year. Put differently, a dollar in 1915 bought what
$0.93 buys in 1916.
Common amounts: 1915 dollars in 1916
Amount in 1915
Value in 1916
$1.00
$1.08
$5.00
$5.40
$10.00
$10.79
$20.00
$21.58
$50.00
$53.96
$100
$108
$500
$540
$1,000
$1,079
$5,000
$5,396
$10,000
$10,792
$100,000
$107,921
$1,000,000
$1,079,208
Inflation by spending category, 1915–1916
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1915 spending costs in 1916, by category:
Category
Avg. yearly inflation
$100 in 1915 →
All items (CPI-U)
7.92%
$108
Food
13.00%
$113
Apparel
9.80%
$110
Not shown because the BLS began these indexes after 1915: core (all items less food & energy) (1957–), energy (1957–), housing (1967–), medical care (1935–), transportation (1935–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1915 to 1916: $100 is worth $108 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1915-to-1916/
APA: InflationCalculator.com. Inflation from 1915 to 1916. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1915-to-1916/