Between 1917 and 1918, the Consumer Price Index went from 12.8 to 15.1.
Cumulatively, prices increased 18.0%, which works out to an average of
17.97% per year. Put differently, a dollar in 1917 bought what
$0.85 buys in 1918.
Common amounts: 1917 dollars in 1918
Amount in 1917
Value in 1918
$1.00
$1.18
$5.00
$5.90
$10.00
$11.80
$20.00
$23.59
$50.00
$58.98
$100
$118
$500
$590
$1,000
$1,180
$5,000
$5,898
$10,000
$11,797
$100,000
$117,969
$1,000,000
$1,179,688
Inflation by spending category, 1917–1918
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1917 spending costs in 1918, by category:
Category
Avg. yearly inflation
$100 in 1917 →
All items (CPI-U)
17.97%
$118
Apparel
35.15%
$135
Food
15.17%
$115
Not shown because the BLS began these indexes after 1917: core (all items less food & energy) (1957–), energy (1957–), housing (1967–), medical care (1935–), transportation (1935–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1917 to 1918: $100 is worth $118 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1917-to-1918/
APA: InflationCalculator.com. Inflation from 1917 to 1918. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1917-to-1918/