What is $100 in 1923 worth in 1926?

$100 in 1923 has the purchasing power of about $104 in 1926, based on the Consumer Price Index (CPI-U).

What was the average inflation rate between 1923 and 1926?

Prices rose 3.5% in total between 1923 and 1926, an average of 1.16% per year.

How much is $1 in 1923 worth today?

$1 in 1923 is equivalent to about $1.04 in 1926. Equivalently, a 1926 dollar buys what $0.97 bought in 1923.

U.S. inflation · 1923–1926

Value of $100 in 1923, adjusted to 1926

Amount From year To year

$100 in 1923 has the same buying power as

$104

in 1926

Detailed inflation statistics
Cumulative price change	3.5%
Average inflation rate	1.16% per year
Converted amount ($100 base)	$104
Price difference ($100 base)	$3.51
CPI in 1923	17.1
CPI in 1926	17.7
Inflation in 1923	1.79%
Inflation in 1926	1.14%
$100 in 1923 → 1926	$104
$100 in 1926 → 1923	$96.61

What happened to prices between 1923 and 1926

Between 1923 and 1926, the Consumer Price Index went from 17.1 to 17.7. Cumulatively, prices increased 3.5%, which works out to an average of 1.16% per year. Put differently, a dollar in 1923 bought what $0.97 buys in 1926.

Common amounts: 1923 dollars in 1926

Amount in 1923	Value in 1926
$1.00	$1.04
$5.00	$5.18
$10.00	$10.35
$20.00	$20.70
$50.00	$51.75
$100	$104
$500	$518
$1,000	$1,035
$5,000	$5,175
$10,000	$10,351
$100,000	$103,509
$1,000,000	$1,035,088

Inflation by spending category, 1923–1926

The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 1923 spending costs in 1926, by category:

Category	Avg. yearly inflation	$100 in 1923 →
All items (CPI-U)	1.16%	$104
Food	3.35%	$110
Apparel	-1.50%	$95.57

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
1926	17.7	1.1%	$104

Cite this page

MLA: “Inflation from 1923 to 1926: $100 is worth $104 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1923-to-1926/

APA: InflationCalculator.com. Inflation from 1923 to 1926. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1923-to-1926/

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.