$100 in 1922 is worth $104 in 1925,
because prices increased 4.2% over that period, an average of
1.37% a year.
$100 in 1922 has
the same buying power as
$104
in 1925
Detailed inflation statistics
Cumulative price change
4.2%
Average inflation rate
1.37% per year
Converted amount ($100 base)
$104
Price difference ($100 base)
$4.17
CPI in 1922
16.8
CPI in 1925
17.5
Inflation in 1922
-6.15%
Inflation in 1925
2.34%
$100 in 1922 → 1925
$104
$100 in 1925 → 1922
$96.00
What happened to prices between 1922 and 1925
Between 1922 and 1925, the Consumer Price Index went from 16.8 to 17.5.
Cumulatively, prices increased 4.2%, which works out to an average of
1.37% per year. Put differently, a dollar in 1922 bought what
$0.96 buys in 1925: the 1922 dollar
lost 4.0% of its purchasing power over
these 3 years.
Consumer prices fell another 6.1% in 1922, the second straight year of
decline, even as the broader economy climbed out of the Depression of
1920-21 and industrial production rebounded. The CPI had now given back
roughly a third of its wartime runup, though it stayed well above the
1913 baseline. Congress moved to shield that recovery from
foreign competition: the Fordney-McCumber Tariff Act, signed September 21,
raised duties on hundreds of imported goods to some of the highest levels in
U.S. history, a policy meant to protect farmers and manufacturers still
adjusting to postwar prices. Labor tension flared even as prices fell.
Roughly half a million bituminous coal miners struck that April over wage
cuts employers had imposed as prices dropped, and hundreds of thousands of
railroad shop workers walked out in July in a separate dispute over pay and
work rules, together the largest strike wave since 1919. Both disputes
dragged on for months and drew federal mediation before ending without full
concessions for the workers. First-class postage remained at 2 cents.
Every 1922 amount converts to 1925 at the same ratio, 1.04: $1,000 becomes
$1,042, and $10,000 becomes $10,417.
Amount in 1922
Value in 1925
$1.00
$1.04
$5.00
$5.21
$10.00
$10.42
$20.00
$20.83
$50.00
$52.08
$100
$104
$500
$521
$1,000
$1,042
$5,000
$5,208
$10,000
$10,417
$100,000
$104,167
$1,000,000
$1,041,667
Inflation by spending category, 1922–1925
Between 1922 and 1925, food rose the most, up 10.7%, while apparel fell 2.6%, against 4.2% for all items. The headline number is an average; here is what $100 of 1922
spending costs in 1925, by category:
Category
Avg. yearly inflation
$100 in 1922 →
All items (CPI-U)
1.37%
$104
Food
3.46%
$111
Apparel
-0.87%
$97.41
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
$100 from 1922 had already become $102 by
1923, on its way to $104 in 1925; each row shows the CPI, that
year's inflation rate, and the running value.
Within the span, inflation peaked at 2.3% in 1925, and the smallest rise was 0.0% in 1924.
In 1925, prices rose 2.3% and $100 from 1922 had the buying
power of $104; the year's average CPI of 17.5 is the level
behind every 1925 figure on this page.
Consumer prices rose 2.3% in 1925, the CPI’s largest single-year increase
since the deflationary swings of the early 1920s, though still mild next to
the double-digit inflation of the World War I years. The country’s cultural
fault lines were on full display that summer in Dayton, Tennessee, where
high school teacher John Scopes was tried July 10-21 for violating a state
law against teaching evolution, a case that drew national press coverage and
pitted prosecutor William Jennings Bryan against defense attorney Clarence
Darrow. Real estate speculation, meanwhile, peaked in Florida, where buyers
flipped undeveloped land in the Miami area on thin down payments, driving
prices far above what the land itself could support; the bubble would
collapse the following year. Detroit reshuffled that June too: Walter
Chrysler reorganized the struggling Maxwell Motor Company into Chrysler
Corporation, the start of what would become one of the American auto
industry’s “Big Three.” First-class postage held at 2 cents for the sixth
straight year.
MLA: “Inflation from 1922 to 1925: $100 is worth $104 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1922-to-1925/
APA: InflationCalculator.com. Inflation from 1922 to 1925. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1922-to-1925/