What is $100 in 1922 worth in 1924?

$100 in 1922 has the purchasing power of about $102 in 1924, based on the Consumer Price Index (CPI-U).

What was the average inflation rate between 1922 and 1924?

Prices rose 1.8% in total between 1922 and 1924, an average of 0.89% per year.

How much is $1 in 1922 worth today?

$1 in 1922 is equivalent to about $1.02 in 1924. Equivalently, a 1924 dollar buys what $0.98 bought in 1922.

U.S. inflation · 1922–1924

Value of $100 in 1922, adjusted to 1924

Amount From year To year

$100 in 1922 has the same buying power as

$102

in 1924

Detailed inflation statistics
Cumulative price change	1.8%
Average inflation rate	0.89% per year
Converted amount ($100 base)	$102
Price difference ($100 base)	$1.79
CPI in 1922	16.8
CPI in 1924	17.1
Inflation in 1922	-6.15%
Inflation in 1924	0.00%
$100 in 1922 → 1924	$102
$100 in 1924 → 1922	$98.25

What happened to prices between 1922 and 1924

Between 1922 and 1924, the Consumer Price Index went from 16.8 to 17.1. Cumulatively, prices increased 1.8%, which works out to an average of 0.89% per year. Put differently, a dollar in 1922 bought what $0.98 buys in 1924.

Common amounts: 1922 dollars in 1924

Amount in 1922	Value in 1924
$1.00	$1.02
$5.00	$5.09
$10.00	$10.18
$20.00	$20.36
$50.00	$50.89
$100	$102
$500	$509
$1,000	$1,018
$5,000	$5,089
$10,000	$10,179
$100,000	$101,786
$1,000,000	$1,017,857

Inflation by spending category, 1922–1924

The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 1922 spending costs in 1924, by category:

Category	Avg. yearly inflation	$100 in 1922 →
All items (CPI-U)	0.89%	$102
Food	1.00%	$102
Apparel	-0.37%	$99.26

Not shown because the BLS began these indexes after 1922: 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 1922

Year	CPI	Inflation rate	$100 from 1922
1922	16.8	-6.1%	$100
1923	17.1	1.8%	$102
1924	17.1	0.0%	$102

Cite this page

MLA: “Inflation from 1922 to 1924: $100 is worth $102 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1922-to-1924/

APA: InflationCalculator.com. Inflation from 1922 to 1924. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1922-to-1924/

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.