Between 1917 and 2012, the Consumer Price Index went from 12.8 to 229.594.
Cumulatively, prices increased 1693.7%, which works out to an average of
3.09% per year. Put differently, a dollar in 1917 bought what
$0.06 buys in 2012.
Common amounts: 1917 dollars in 2012
Amount in 1917
Value in 2012
$1.00
$17.94
$5.00
$89.69
$10.00
$179
$20.00
$359
$50.00
$897
$100
$1,794
$500
$8,969
$1,000
$17,937
$5,000
$89,685
$10,000
$179,370
$100,000
$1,793,703
$1,000,000
$17,937,031
Inflation by spending category, 1917–2012
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1917 spending costs in 2012, by category:
Category
Avg. yearly inflation
$100 in 1917 →
All items (CPI-U)
3.09%
$1,794
Food
2.97%
$1,612
Apparel
1.95%
$625
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 2012: $100 is worth $1,794 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1917-to-2012/
APA: InflationCalculator.com. Inflation from 1917 to 2012. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1917-to-2012/