Between 1917 and 2016, the Consumer Price Index went from 12.8 to 240.007.
Cumulatively, prices increased 1775.1%, which works out to an average of
3.01% per year. Put differently, a dollar in 1917 bought what
$0.05 buys in 2016.
Common amounts: 1917 dollars in 2016
Amount in 1917
Value in 2016
$1.00
$18.75
$5.00
$93.75
$10.00
$188
$20.00
$375
$50.00
$938
$100
$1,875
$500
$9,375
$1,000
$18,751
$5,000
$93,753
$10,000
$187,505
$100,000
$1,875,055
$1,000,000
$18,750,547
Inflation by spending category, 1917–2016
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1917 spending costs in 2016, by category:
Category
Avg. yearly inflation
$100 in 1917 →
All items (CPI-U)
3.01%
$1,875
Food
2.91%
$1,710
Apparel
1.87%
$624
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 2016: $100 is worth $1,875 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1917-to-2016/
APA: InflationCalculator.com. Inflation from 1917 to 2016. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1917-to-2016/