U.S. inflation · 1922–2025

Value of $100 in 1922, adjusted to 2025

$100 in 1922 is worth $1,916 in 2025, because prices increased 1816.3% over that period, an average of 2.91% a year.

$100 in 1922 has the same buying power as

$1,916

in 2025

$77$997$1.9k19221948197419992025$100 · 1922$1.9k · 2025
Detailed inflation statistics
Cumulative price change1816.3%
Average inflation rate2.91% per year
Converted amount ($100 base)$1,916
Price difference ($100 base)$1,816
CPI in 192216.8
CPI in 2025321.943
Inflation in 1922-6.15%
Inflation in 20252.63%
$100 in 1922 → 2025$1,916
$100 in 2025 → 1922$5.22

What happened to prices between 1922 and 2025

Between 1922 and 2025, the Consumer Price Index went from 16.8 to 321.943. Cumulatively, prices increased 1816.3%, which works out to an average of 2.91% per year. Put differently, a dollar in 1922 bought what $0.05 buys in 2025: the 1922 dollar lost 94.8% of its purchasing power over these 103 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.

More about inflation in 1922 →

Common amounts: 1922 dollars in 2025

Every 1922 amount converts to 2025 at the same ratio, 19.16: $1,000 becomes $19,163, and $10,000 becomes $191,633.

Amount in 1922Value in 2025
$1.00$19.16
$5.00$95.82
$10.00$192
$20.00$383
$50.00$958
$100$1,916
$500$9,582
$1,000$19,163
$5,000$95,816
$10,000$191,633
$100,000$1,916,327
$1,000,000$19,163,274

Inflation by spending category, 1922–2025

Between 1922 and 2025, food rose the most, up 2178.6%, while apparel rose the least, up 386.3%, against 1816.3% for all items. The headline number is an average; here is what $100 of 1922 spending costs in 2025, by category:

Category Avg. yearly inflation $100 in 1922 →
All items (CPI-U) 2.91% $1,916
Food 3.08% $2,279
Apparel 1.55% $486

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 2025

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 1922–2025 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
2000–2010 2.39% 26.6% $1,298
2010–2020 1.73% 18.7% $1,541
2020–2025 4.46% 24.4% $1,916

Year by year: CPI and the value of $100 from 1922

$100 from 1922 had already become $249 by 1972, on its way to $1,916 in 2025; 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.

Year CPI Inflation rate $100 from 1922
1922 16.8 -6.1% $100
1927 17.4 -1.7% $104
1932 13.7 -9.9% $81.55
1937 14.4 3.6% $85.71
1942 16.3 10.9% $97.02
1947 22.3 14.4% $133
1952 26.5 1.9% $158
1957 28.1 3.3% $167
1962 30.2 1.0% $180
1967 33.4 3.1% $199
1972 41.8 3.2% $249
1977 60.6 6.5% $361
1982 96.5 6.2% $574
1987 113.6 3.6% $676
1992 140.3 3.0% $835
1997 160.5 2.3% $955
2002 179.9 1.6% $1,071
2007 207.342 2.8% $1,234
2012 229.594 2.1% $1,367
2017 245.12 2.1% $1,459
2022 292.655 8.0% $1,742
2025 321.943 2.6% $1,916

Long periods are sampled every 5 years; the calculator above covers any pair of years.

The destination year: 2025

In 2025, prices rose 2.6% and $100 from 1922 had the buying power of $1,916; the year's average CPI of 321.943 is the level behind every 2025 figure on this page.

2025 was a year of trade policy and data disruptions rather than an inflation surge. Consumer prices rose 2.6% on average, a step down from 2024’s 2.9% and well below the 8.0% of 2022. Tariffs announced in April pushed up prices for some imported goods, including furniture, apparel, and auto parts, but the effect on the overall index was smaller than many forecasters feared at the start of the year, in part because retailers absorbed some of the cost and demand for services stayed steady.

The Federal Reserve held its policy rate steady through the first half of the year, then began cutting again in September, lowering it in three quarter-point steps to 3.50–3.75% by December.

The federal government shutdown that began October 1 lasted 43 days, and the Bureau of Labor Statistics did not publish a CPI for October 2025 because the survey data could not be collected. The federal minimum wage stayed at $7.25, and a first-class stamp rose to 78 cents in July.

More about inflation in 2025 →

Cite this page

MLA: “Inflation from 1922 to 2025: $100 is worth $1,916 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1922-to-2025/

APA: InflationCalculator.com. Inflation from 1922 to 2025. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1922-to-2025/

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.