Between 1916 and 2017, the Consumer Price Index went from 10.9 to 245.12.
Cumulatively, prices increased 2148.8%, which works out to an average of
3.13% per year. Put differently, a dollar in 1916 bought what
$0.04 buys in 2017.
Common amounts: 1916 dollars in 2017
Amount in 1916
Value in 2017
$1.00
$22.49
$5.00
$112
$10.00
$225
$20.00
$450
$50.00
$1,124
$100
$2,249
$500
$11,244
$1,000
$22,488
$5,000
$112,440
$10,000
$224,881
$100,000
$2,248,807
$1,000,000
$22,488,073
Inflation by spending category, 1916–2017
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1916 spending costs in 2017, by category:
Category
Avg. yearly inflation
$100 in 1916 →
All items (CPI-U)
3.13%
$2,249
Food
3.11%
$2,213
Apparel
2.01%
$748
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–).
Long periods are sampled every 5 years; the calculator above covers any pair of years.
Cite this page
MLA: “Inflation from 1916 to 2017: $100 is worth $2,249 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1916-to-2017/
APA: InflationCalculator.com. Inflation from 1916 to 2017. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1916-to-2017/