Between 1917 and 2008, the Consumer Price Index went from 12.8 to 215.303.
Cumulatively, prices increased 1582.1%, which works out to an average of
3.15% per year. Put differently, a dollar in 1917 bought what
$0.06 buys in 2008.
Common amounts: 1917 dollars in 2008
Amount in 1917
Value in 2008
$1.00
$16.82
$5.00
$84.10
$10.00
$168
$20.00
$336
$50.00
$841
$100
$1,682
$500
$8,410
$1,000
$16,821
$5,000
$84,103
$10,000
$168,205
$100,000
$1,682,055
$1,000,000
$16,820,547
Inflation by spending category, 1917–2008
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1917 spending costs in 2008, by category:
Category
Avg. yearly inflation
$100 in 1917 →
All items (CPI-U)
3.15%
$1,682
Food
3.00%
$1,477
Apparel
1.97%
$589
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 2008: $100 is worth $1,682 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1917-to-2008/
APA: InflationCalculator.com. Inflation from 1917 to 2008. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1917-to-2008/