Between 1917 and 1920, the Consumer Price Index went from 12.8 to 20.
Cumulatively, prices increased 56.3%, which works out to an average of
16.04% per year. Put differently, a dollar in 1917 bought what
$0.64 buys in 1920.
Common amounts: 1917 dollars in 1920
Amount in 1917
Value in 1920
$1.00
$1.56
$5.00
$7.81
$10.00
$15.63
$20.00
$31.25
$50.00
$78.13
$100
$156
$500
$781
$1,000
$1,563
$5,000
$7,813
$10,000
$15,625
$100,000
$156,250
$1,000,000
$1,562,500
Inflation by spending category, 1917–1920
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1917 spending costs in 1920, by category:
Category
Avg. yearly inflation
$100 in 1917 →
All items (CPI-U)
16.04%
$156
Apparel
28.74%
$213
Food
13.14%
$145
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 1920: $100 is worth $156 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1917-to-1920/
APA: InflationCalculator.com. Inflation from 1917 to 1920. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1917-to-1920/