Between 1923 and 1925, the Consumer Price Index went from 17.1 to 17.5.
Cumulatively, prices increased 2.3%, which works out to an average of
1.16% per year. Put differently, a dollar in 1923 bought what
$0.98 buys in 1925.
Common amounts: 1923 dollars in 1925
Amount in 1923
Value in 1925
$1.00
$1.02
$5.00
$5.12
$10.00
$10.23
$20.00
$20.47
$50.00
$51.17
$100
$102
$500
$512
$1,000
$1,023
$5,000
$5,117
$10,000
$10,234
$100,000
$102,339
$1,000,000
$1,023,392
Inflation by spending category, 1923–1925
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1923 spending costs in 1925, by category:
Category
Avg. yearly inflation
$100 in 1923 →
All items (CPI-U)
1.16%
$102
Food
3.51%
$107
Apparel
-1.49%
$97.05
Not shown because the BLS began these indexes after 1923: core (all items less food & energy) (1957–), energy (1957–), housing (1967–), medical care (1935–), transportation (1935–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1923 to 1925: $100 is worth $102 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1923-to-1925/
APA: InflationCalculator.com. Inflation from 1923 to 1925. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1923-to-1925/