Between 1924 and 2010, the Consumer Price Index went from 17.1 to 218.056.
Cumulatively, prices increased 1175.2%, which works out to an average of
3.00% per year. Put differently, a dollar in 1924 bought what
$0.08 buys in 2010.
Common amounts: 1924 dollars in 2010
Amount in 1924
Value in 2010
$1.00
$12.75
$5.00
$63.76
$10.00
$128
$20.00
$255
$50.00
$638
$100
$1,275
$500
$6,376
$1,000
$12,752
$5,000
$63,759
$10,000
$127,518
$100,000
$1,275,181
$1,000,000
$12,751,813
Inflation by spending category, 1924–2010
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1924 spending costs in 2010, by category:
Category
Avg. yearly inflation
$100 in 1924 →
All items (CPI-U)
3.00%
$1,275
Food
3.15%
$1,445
Apparel
1.75%
$446
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–).
Long periods are sampled every 5 years; the calculator above covers any pair of years.
Cite this page
MLA: “Inflation from 1924 to 2010: $100 is worth $1,275 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1924-to-2010/
APA: InflationCalculator.com. Inflation from 1924 to 2010. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1924-to-2010/