U.S. inflation · 1921–1922
$100 in 1921 has the same buying power as
$93.85
in 1922
| Cumulative price change | -6.1% |
|---|---|
| Average inflation rate | -6.15% per year |
| Converted amount ($100 base) | $93.85 |
| Price difference ($100 base) | -$6.15 |
| CPI in 1921 | 17.9 |
| CPI in 1922 | 16.8 |
| Inflation in 1921 | -10.50% |
| Inflation in 1922 | -6.15% |
| $100 in 1921 → 1922 | $93.85 |
| $100 in 1922 → 1921 | $107 |
Between 1921 and 1922, the Consumer Price Index went from 17.9 to 16.8. Cumulatively, prices declined 6.1%, which works out to an average of -6.15% per year. Put differently, a dollar in 1921 bought what $1.07 buys in 1922.
| Amount in 1921 | Value in 1922 |
|---|---|
| $1.00 | $0.94 |
| $5.00 | $4.69 |
| $10.00 | $9.39 |
| $20.00 | $18.77 |
| $50.00 | $46.93 |
| $100 | $93.85 |
| $500 | $469 |
| $1,000 | $939 |
| $5,000 | $4,693 |
| $10,000 | $9,385 |
| $100,000 | $93,855 |
| $1,000,000 | $938,547 |
The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 1921 spending costs in 1922, by category:
| Category | Avg. yearly inflation | $100 in 1921 → |
|---|---|---|
| All items (CPI-U) | -6.15% | $93.85 |
| Food | -6.29% | $93.71 |
| Apparel | -18.67% | $81.33 |
Not shown because the BLS began these indexes after 1921: core (all items less food & energy) (1957–), energy (1957–), housing (1967–), medical care (1935–), transportation (1935–), recreation (1993–), education & communication (1993–).
| Year | CPI | Inflation rate | $100 from 1921 |
|---|---|---|---|
| 1921 | 17.9 | -10.5% | $100 |
| 1922 | 16.8 | -6.1% | $93.85 |
MLA: “Inflation from 1921 to 1922: $100 is worth $93.85 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1921-to-1922/
APA: InflationCalculator.com. Inflation from 1921 to 1922. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1921-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.