Between 1917 and 1982, the Consumer Price Index went from 12.8 to 96.5.
Cumulatively, prices increased 653.9%, which works out to an average of
3.16% per year. Put differently, a dollar in 1917 bought what
$0.13 buys in 1982.
Common amounts: 1917 dollars in 1982
Amount in 1917
Value in 1982
$1.00
$7.54
$5.00
$37.70
$10.00
$75.39
$20.00
$151
$50.00
$377
$100
$754
$500
$3,770
$1,000
$7,539
$5,000
$37,695
$10,000
$75,391
$100,000
$753,906
$1,000,000
$7,539,063
Inflation by spending category, 1917–1982
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1917 spending costs in 1982, by category:
Category
Avg. yearly inflation
$100 in 1917 →
All items (CPI-U)
3.16%
$754
Food
2.97%
$672
Apparel
2.46%
$484
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–).
Long periods are sampled every 5 years; the calculator above covers any pair of years.
Cite this page
MLA: “Inflation from 1917 to 1982: $100 is worth $754 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1917-to-1982/
APA: InflationCalculator.com. Inflation from 1917 to 1982. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1917-to-1982/