U.S. inflation · 1924–1926
$100 in 1924 has the same buying power as
$104
in 1926
| Cumulative price change | 3.5% |
|---|---|
| Average inflation rate | 1.74% per year |
| Converted amount ($100 base) | $104 |
| Price difference ($100 base) | $3.51 |
| CPI in 1924 | 17.1 |
| CPI in 1926 | 17.7 |
| Inflation in 1924 | 0.00% |
| Inflation in 1926 | 1.14% |
| $100 in 1924 → 1926 | $104 |
| $100 in 1926 → 1924 | $96.61 |
Between 1924 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 1.74% per year. Put differently, a dollar in 1924 bought what $0.97 buys in 1926.
| Amount in 1924 | 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 |
The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 1924 spending costs in 1926, by category:
| Category | Avg. yearly inflation | $100 in 1924 → |
|---|---|---|
| All items (CPI-U) | 1.74% | $104 |
| Food | 5.76% | $112 |
| Apparel | -1.69% | $96.64 |
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 | CPI | Inflation rate | $100 from 1924 |
|---|---|---|---|
| 1924 | 17.1 | 0.0% | $100 |
| 1925 | 17.5 | 2.3% | $102 |
| 1926 | 17.7 | 1.1% | $104 |
MLA: “Inflation from 1924 to 1926: $100 is worth $104 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1924-to-1926/
APA: InflationCalculator.com. Inflation from 1924 to 1926. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1924-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.