Between 1919 and 1921, the Consumer Price Index went from 17.3 to 17.9.
Cumulatively, prices increased 3.5%, which works out to an average of
1.72% per year. Put differently, a dollar in 1919 bought what
$0.97 buys in 1921.
Common amounts: 1919 dollars in 1921
Amount in 1919
Value in 1921
$1.00
$1.03
$5.00
$5.17
$10.00
$10.35
$20.00
$20.69
$50.00
$51.73
$100
$103
$500
$517
$1,000
$1,035
$5,000
$5,173
$10,000
$10,347
$100,000
$103,468
$1,000,000
$1,034,682
Inflation by spending category, 1919–1921
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1919 spending costs in 1921, by category:
Category
Avg. yearly inflation
$100 in 1919 →
All items (CPI-U)
1.72%
$103
Apparel
-4.23%
$91.71
Food
-7.54%
$85.48
Not shown because the BLS began these indexes after 1919: core (all items less food & energy) (1957–), energy (1957–), housing (1967–), medical care (1935–), transportation (1935–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1919 to 1921: $100 is worth $103 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1919-to-1921/
APA: InflationCalculator.com. Inflation from 1919 to 1921. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1919-to-1921/