U.S. inflation · 1919–1921

Value of $100 in 1919, adjusted to 1921

$100 in 1919 has the same buying power as

$103

in 1921

$100$108$116191919201921$100 · 1919$103 · 1921
Detailed inflation statistics
Cumulative price change3.5%
Average inflation rate1.72% per year
Converted amount ($100 base)$103
Price difference ($100 base)$3.47
CPI in 191917.3
CPI in 192117.9
Inflation in 191914.57%
Inflation in 1921-10.50%
$100 in 19191921$103
$100 in 19211919$96.65

What happened to prices between 1919 and 1921

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 1919Value 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–).

Year by year: CPI and the value of $100 from 1919

Year CPI Inflation rate $100 from 1919
1919 17.3 14.6% $100
1920 20 15.6% $116
1921 17.9 -10.5% $103

Cite this page

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/

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.