U.S. inflation · 1915–1990

Value of $100 in 1915, adjusted to 1990

$100 in 1915 is worth $1,294 in 1990, because prices increased 1194.1% over that period, an average of 3.47% a year.

$100 in 1915 has the same buying power as

$1,294

in 1990

$100$697$1.3k19151934195319711990$100 · 1915$1.3k · 1990
Detailed inflation statistics
Cumulative price change1194.1%
Average inflation rate3.47% per year
Converted amount ($100 base)$1,294
Price difference ($100 base)$1,194
CPI in 191510.1
CPI in 1990130.7
Inflation in 19151.00%
Inflation in 19905.40%
$100 in 1915 → 1990$1,294
$100 in 1990 → 1915$7.73

What happened to prices between 1915 and 1990

Between 1915 and 1990, the Consumer Price Index went from 10.1 to 130.7. Cumulatively, prices increased 1194.1%, which works out to an average of 3.47% per year. Put differently, a dollar in 1915 bought what $0.08 buys in 1990: the 1915 dollar lost 92.3% of its purchasing power over these 75 years.

Consumer prices rose 1.0% in 1915, the second straight year of near-flat inflation before the wartime price surges of 1916 through 1918. The year’s defining event had nothing to do with prices directly: a German submarine sank the British liner Lusitania off the Irish coast on May 7, killing 128 Americans and hardening U.S. opinion against Germany two years before the country entered the war. Economically, 1915 was a turning point of a different kind. A recession that had dragged on since 1913 began lifting as Britain and France placed growing orders for steel, munitions, and other war materiel with American manufacturers, and U.S. exports to the Allied powers climbed sharply through the year. That demand would keep building through 1916, eventually pulling prices up with it. On the regulatory side, the Federal Trade Commission opened for business in March, taking on enforcement of the Clayton Antitrust Act that Congress had passed the previous fall. A first-class stamp still cost 2 cents, unchanged since 1885 and still two years from its first wartime increase.

More about inflation in 1915 →

Common amounts: 1915 dollars in 1990

Every 1915 amount converts to 1990 at the same ratio, 12.94: $1,000 becomes $12,941, and $10,000 becomes $129,406.

Amount in 1915Value in 1990
$1.00$12.94
$5.00$64.70
$10.00$129
$20.00$259
$50.00$647
$100$1,294
$500$6,470
$1,000$12,941
$5,000$64,703
$10,000$129,406
$100,000$1,294,059
$1,000,000$12,940,594

Inflation by spending category, 1915–1990

Between 1915 and 1990, food rose the most, up 1224.0%, while apparel rose the least, up 711.1%, against 1194.1% for all items. The headline number is an average; here is what $100 of 1915 spending costs in 1990, by category:

Category Avg. yearly inflation $100 in 1915 →
All items (CPI-U) 3.47% $1,294
Food 3.50% $1,324
Apparel 2.83% $811

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–).

Decade by decade: 1915 to 1990

Prices climbed fastest in the 1910s, averaging 14.64% a year, and fell in the 1920s (1.8% a year). Each step below chains into the full 1915–1990 change:

Years Avg. yearly inflation Price change $100 from 1915, at end
1915–1920 14.64% 98.0% $198
1920–1930 -1.79% -16.5% $165
1930–1940 -1.75% -16.2% $139
1940–1950 5.58% 72.1% $239
1950–1960 2.08% 22.8% $293
1960–1970 2.74% 31.1% $384
1970–1980 7.82% 112.4% $816
1980–1990 4.72% 58.6% $1,294

Year by year: CPI and the value of $100 from 1915

$100 from 1915 had already become $239 by 1950, on its way to $1,294 in 1990; 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 1915
1915 10.1 1.0% $100
1920 20 15.6% $198
1925 17.5 2.3% $173
1930 16.7 -2.3% $165
1935 13.7 2.2% $136
1940 14 0.7% $139
1945 18 2.3% $178
1950 24.1 1.3% $239
1955 26.8 -0.4% $265
1960 29.6 1.7% $293
1965 31.5 1.6% $312
1970 38.8 5.7% $384
1975 53.8 9.1% $533
1980 82.4 13.5% $816
1985 107.6 3.6% $1,065
1990 130.7 5.4% $1,294

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

The destination year: 1990

In 1990, prices rose 5.4% and $100 from 1915 had the buying power of $1,294; the year's average CPI of 130.7 is the level behind every 1990 figure on this page.

In 1990, the median U.S. household earned about $29,900, gas averaged $1.15 a gallon, and mailing a letter cost a quarter. Inflation ran hot at 5.4% for the year, its highest rate since 1982, pushed up by an oil shock after Iraq’s invasion of Kuwait, and the economy tipped into recession that summer. It was the last gasp of elevated inflation before the long calm of the 1990s.

More about inflation in 1990 →

Cite this page

MLA: “Inflation from 1915 to 1990: $100 is worth $1,294 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1915-to-1990/

APA: InflationCalculator.com. Inflation from 1915 to 1990. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1915-to-1990/

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.