$100 in 1922 is worth $1,025 in 2000,
because prices increased 925.0% over that period, an average of
3.03% a year.
$100 in 1922 has
the same buying power as
$1,025
in 2000
Detailed inflation statistics
Cumulative price change
925.0%
Average inflation rate
3.03% per year
Converted amount ($100 base)
$1,025
Price difference ($100 base)
$925
CPI in 1922
16.8
CPI in 2000
172.2
Inflation in 1922
-6.15%
Inflation in 2000
3.36%
$100 in 1922 → 2000
$1,025
$100 in 2000 → 1922
$9.76
What happened to prices between 1922 and 2000
Between 1922 and 2000, the Consumer Price Index went from 16.8 to 172.2.
Cumulatively, prices increased 925.0%, which works out to an average of
3.03% per year. Put differently, a dollar in 1922 bought what
$0.10 buys in 2000: the 1922 dollar
lost 90.2% of its purchasing power over
these 78 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 2000 at the same ratio, 10.25: $1,000 becomes
$10,250, and $10,000 becomes $102,500.
Amount in 1922
Value in 2000
$1.00
$10.25
$5.00
$51.25
$10.00
$102
$20.00
$205
$50.00
$512
$100
$1,025
$500
$5,125
$1,000
$10,250
$5,000
$51,250
$10,000
$102,500
$100,000
$1,025,000
$1,000,000
$10,250,000
Inflation by spending category, 1922–2000
Between 1922 and 2000, food rose the most, up 1026.2%, while apparel rose the least, up 380.0%, against 925.0% for all items. The headline number is an average; here is what $100 of 1922
spending costs in 2000, by category:
Category
Avg. yearly inflation
$100 in 1922 →
All items (CPI-U)
3.03%
$1,025
Food
3.15%
$1,126
Apparel
2.03%
$480
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–).
Decade by decade: 1922 to 2000
Prices climbed fastest in the 1970s, averaging 7.82% a year, and fell in the 1930s (1.7% a year). Each step below chains into the full 1922–2000 change:
Years
Avg. yearly inflation
Price change
$100 from 1922, at end
1922–1930
-0.07%
-0.6%
$99.40
1930–1940
-1.75%
-16.2%
$83.33
1940–1950
5.58%
72.1%
$143
1950–1960
2.08%
22.8%
$176
1960–1970
2.74%
31.1%
$231
1970–1980
7.82%
112.4%
$490
1980–1990
4.72%
58.6%
$778
1990–2000
2.80%
31.8%
$1,025
Year by year: CPI and the value of $100 from 1922
$100 from 1922 had already become $180 by
1962, on its way to $1,025 in 2000; each row shows the CPI, that
year's inflation rate, and the running value.
Within the span, inflation peaked at 14.4% in 1947, and prices fell 9.9% in 1932, the deepest deflation of the period.
Long periods are sampled every 5 years; the calculator above covers any pair of years.
The destination year: 2000
In 2000, prices rose 3.4% and $100 from 1922 had the buying
power of $1,025; the year's average CPI of 172.2 is the level
behind every 2000 figure on this page.
Inflation ran at 3.4% in 2000, the highest annual rate since 1991, as an economy growing
above 4% and a rise in oil prices pushed the CPI up. The median household earned about
$42,100, gas averaged $1.51 a gallon, and a new home cost roughly $169,000. The Federal
Reserve had raised interest rates six times since mid-1999 and stopped at 6.5% in May. By
then the stock market had already turned: the Nasdaq hit its record of 5,048 on March 10 and
lost about 39% of its value by December. Consumer prices did not reflect the slowdown yet,
which is why the Fed held rates high through the year even as technology companies began to
fail. In October, Congress granted China permanent normal trade relations, a decision that
would help hold down the price of manufactured goods for years. A first-class stamp cost 33
cents and the federal minimum wage was $5.15. The recession of 2001 brought inflation back
down.
MLA: “Inflation from 1922 to 2000: $100 is worth $1,025 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1922-to-2000/
APA: InflationCalculator.com. Inflation from 1922 to 2000. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1922-to-2000/