$100 in 1924 is worth $102 in 1925,
because prices increased 2.3% over that period, an average of
2.34% a year.
$100 in 1924 has
the same buying power as
$102
in 1925
Detailed inflation statistics
Cumulative price change
2.3%
Average inflation rate
2.34% per year
Converted amount ($100 base)
$102
Price difference ($100 base)
$2.34
CPI in 1924
17.1
CPI in 1925
17.5
Inflation in 1924
0.00%
Inflation in 1925
2.34%
$100 in 1924 → 1925
$102
$100 in 1925 → 1924
$97.71
What happened to prices between 1924 and 1925
Between 1924 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
2.34% per year. Put differently, a dollar in 1924 bought what
$0.98 buys in 1925: the 1924 dollar
lost 2.3% of its purchasing power over
these 1 years.
Consumer prices held flat in 1924, the CPI’s annual average unchanged from
1923 after swinging from a sharp postwar drop to a modest rise the year
before. That stability, extending the calm that had settled in after the
deflation of 1921 and 1922, became a defining feature of the rest of the
decade. Congress tightened immigration policy further with the Immigration
Act of 1924, signed May 26, which cut the national-origins quota from 3% of
each nationality’s 1910 census population to 2% of its 1890 population,
shifting admissions further toward northern and western Europe and
effectively excluding most immigration from Asia. Abroad, the U.S.-backed
Dawes Plan, adopted that August, reorganized Germany’s war reparations
payments and opened the way for American loans into the German economy,
helping stabilize European currencies after the hyperinflation that had
peaked in 1923. At home, Calvin Coolidge, who had served out
the remainder of Warren Harding’s term after his death the previous year,
won a full term of his own that November, campaigning on continued
prosperity and limited government. First-class postage remained at 2 cents,
a price unchanged since mid-1919.
Every 1924 amount converts to 1925 at the same ratio, 1.02: $1,000 becomes
$1,023, and $10,000 becomes $10,234.
Amount in 1924
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, 1924–1925
Between 1924 and 1925, food rose the most, up 8.6%, while apparel fell 1.9%, against 2.3% for all items. The headline number is an average; here is what $100 of 1924
spending costs in 1925, by category:
Category
Avg. yearly inflation
$100 in 1924 →
All items (CPI-U)
2.34%
$102
Food
8.55%
$109
Apparel
-1.87%
$98.13
Not shown because the BLS began these indexes after 1924: 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 1924
$100 from 1924grew to $102 by 1925; each row
shows the CPI, that year's inflation rate, and the running value.
In 1925, prices rose 2.3% and $100 from 1924 had the buying
power of $102; the year's average CPI of 17.5 is the level
behind every 1925 figure on this page.
Consumer prices rose 2.3% in 1925, the CPI’s largest single-year increase
since the deflationary swings of the early 1920s, though still mild next to
the double-digit inflation of the World War I years. The country’s cultural
fault lines were on full display that summer in Dayton, Tennessee, where
high school teacher John Scopes was tried July 10-21 for violating a state
law against teaching evolution, a case that drew national press coverage and
pitted prosecutor William Jennings Bryan against defense attorney Clarence
Darrow. Real estate speculation, meanwhile, peaked in Florida, where buyers
flipped undeveloped land in the Miami area on thin down payments, driving
prices far above what the land itself could support; the bubble would
collapse the following year. Detroit reshuffled that June too: Walter
Chrysler reorganized the struggling Maxwell Motor Company into Chrysler
Corporation, the start of what would become one of the American auto
industry’s “Big Three.” First-class postage held at 2 cents for the sixth
straight year.
MLA: “Inflation from 1924 to 1925: $100 is worth $102 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1924-to-1925/
APA: InflationCalculator.com. Inflation from 1924 to 1925. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1924-to-1925/