Between 1920 and 2017, the Consumer Price Index went from 20 to 245.12.
Cumulatively, prices increased 1125.6%, which works out to an average of
2.62% per year. Put differently, a dollar in 1920 bought what
$0.08 buys in 2017.
Common amounts: 1920 dollars in 2017
Amount in 1920
Value in 2017
$1.00
$12.26
$5.00
$61.28
$10.00
$123
$20.00
$245
$50.00
$613
$100
$1,226
$500
$6,128
$1,000
$12,256
$5,000
$61,280
$10,000
$122,560
$100,000
$1,225,600
$1,000,000
$12,256,000
Inflation by spending category, 1920–2017
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1920 spending costs in 2017, by category:
Category
Avg. yearly inflation
$100 in 1920 →
All items (CPI-U)
2.62%
$1,226
Food
2.59%
$1,191
Apparel
1.11%
$291
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 2017: $100 is worth $1,226 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1920-to-2017/
APA: InflationCalculator.com. Inflation from 1920 to 2017. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1920-to-2017/