What is $100 in 1918 worth in 1922?

$100 in 1918 has the purchasing power of about $111 in 1922, based on the Consumer Price Index (CPI-U).

What was the average inflation rate between 1918 and 1922?

Prices rose 11.3% in total between 1918 and 1922, an average of 2.70% per year.

How much is $1 in 1918 worth today?

$1 in 1918 is equivalent to about $1.11 in 1922. Equivalently, a 1922 dollar buys what $0.90 bought in 1918.

U.S. inflation · 1918–1922

Value of $100 in 1918, adjusted to 1922

Amount From year To year

$100 in 1918 has the same buying power as

$111

in 1922

Detailed inflation statistics
Cumulative price change	11.3%
Average inflation rate	2.70% per year
Converted amount ($100 base)	$111
Price difference ($100 base)	$11.26
CPI in 1918	15.1
CPI in 1922	16.8
Inflation in 1918	17.97%
Inflation in 1922	-6.15%
$100 in 1918 → 1922	$111
$100 in 1922 → 1918	$89.88

What happened to prices between 1918 and 1922

Between 1918 and 1922, the Consumer Price Index went from 15.1 to 16.8. Cumulatively, prices increased 11.3%, which works out to an average of 2.70% per year. Put differently, a dollar in 1918 bought what $0.90 buys in 1922.

Common amounts: 1918 dollars in 1922

Amount in 1918	Value in 1922
$1.00	$1.11
$5.00	$5.56
$10.00	$11.13
$20.00	$22.25
$50.00	$55.63
$100	$111
$500	$556
$1,000	$1,113
$5,000	$5,563
$10,000	$11,126
$100,000	$111,258
$1,000,000	$1,112,583

Inflation by spending category, 1918–1922

The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 1918 spending costs in 1922, by category:

Category	Avg. yearly inflation	$100 in 1918 →
All items (CPI-U)	2.70%	$111
Apparel	-0.28%	$98.90
Food	-2.81%	$89.22

Not shown because the BLS began these indexes after 1918: core (all items less food & energy) (1957–), energy (1957–), housing (1967–), medical care (1935–), transportation (1935–), recreation (1993–), education & communication (1993–).

Year by year: CPI and the value of $100 from 1918

Year	CPI	Inflation rate	$100 from 1918
1918	15.1	18.0%	$100
1919	17.3	14.6%	$115
1920	20	15.6%	$132
1921	17.9	-10.5%	$119
1922	16.8	-6.1%	$111

Cite this page

MLA: “Inflation from 1918 to 1922: $100 is worth $111 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1918-to-1922/

APA: InflationCalculator.com. Inflation from 1918 to 1922. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1918-to-1922/

Source: U.S. Bureau of Labor Statistics, CPI-U annual averages (series CUUR0000SA0; category indexes listed on the data sources page). See how these numbers are calculated.