U.S. inflation · 1923–1925

Value of $100 in 1923, adjusted to 1925

$100 in 1923 has the same buying power as

$102

in 1925

$100$101$102192319241925$100 · 1923$102 · 1925
Detailed inflation statistics
Cumulative price change2.3%
Average inflation rate1.16% per year
Converted amount ($100 base)$102
Price difference ($100 base)$2.34
CPI in 192317.1
CPI in 192517.5
Inflation in 19231.79%
Inflation in 19252.34%
$100 in 19231925$102
$100 in 19251923$97.71

What happened to prices between 1923 and 1925

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 1923Value 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–).

Year by year: CPI and the value of $100 from 1923

Year CPI Inflation rate $100 from 1923
1923 17.1 1.8% $100
1924 17.1 0.0% $100
1925 17.5 2.3% $102

Cite this page

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/

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.