Between 1916 and 1926, the Consumer Price Index went from 10.9 to 17.7.
Cumulatively, prices increased 62.4%, which works out to an average of
4.97% per year. Put differently, a dollar in 1916 bought what
$0.62 buys in 1926.
Common amounts: 1916 dollars in 1926
Amount in 1916
Value in 1926
$1.00
$1.62
$5.00
$8.12
$10.00
$16.24
$20.00
$32.48
$50.00
$81.19
$100
$162
$500
$812
$1,000
$1,624
$5,000
$8,119
$10,000
$16,239
$100,000
$162,385
$1,000,000
$1,623,853
Inflation by spending category, 1916–1926
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1916 spending costs in 1926, by category:
Category
Avg. yearly inflation
$100 in 1916 →
All items (CPI-U)
4.97%
$162
Apparel
4.42%
$154
Food
4.17%
$150
Not shown because the BLS began these indexes after 1916: core (all items less food & energy) (1957–), energy (1957–), housing (1967–), medical care (1935–), transportation (1935–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1916 to 1926: $100 is worth $162 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1916-to-1926/
APA: InflationCalculator.com. Inflation from 1916 to 1926. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1916-to-1926/