Between 1920 and 2014, the Consumer Price Index went from 20 to 236.736.
Cumulatively, prices increased 1083.7%, which works out to an average of
2.66% per year. Put differently, a dollar in 1920 bought what
$0.08 buys in 2014.
Common amounts: 1920 dollars in 2014
Amount in 1920
Value in 2014
$1.00
$11.84
$5.00
$59.18
$10.00
$118
$20.00
$237
$50.00
$592
$100
$1,184
$500
$5,918
$1,000
$11,837
$5,000
$59,184
$10,000
$118,368
$100,000
$1,183,680
$1,000,000
$11,836,800
Inflation by spending category, 1920–2014
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1920 spending costs in 2014, by category:
Category
Avg. yearly inflation
$100 in 1920 →
All items (CPI-U)
2.66%
$1,184
Food
2.64%
$1,156
Apparel
1.16%
$296
Not shown because the BLS began these indexes after 1920: 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 1920 to 2014: $100 is worth $1,184 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1920-to-2014/
APA: InflationCalculator.com. Inflation from 1920 to 2014. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1920-to-2014/