U.S. inflation · 1926–2021

Value of $100 in 1926, adjusted to 2021

$100 in 1926 is worth $1,531 in 2021, because prices increased 1430.9% over that period, an average of 2.91% a year.

$100 in 1926 has the same buying power as

$1,531

in 2021

$73$802$1.5k19261950197419972021$100 · 1926$1.5k · 2021
Detailed inflation statistics
Cumulative price change1430.9%
Average inflation rate2.91% per year
Converted amount ($100 base)$1,531
Price difference ($100 base)$1,431
CPI in 192617.7
CPI in 2021270.97
Inflation in 19261.14%
Inflation in 20214.70%
$100 in 1926 → 2021$1,531
$100 in 2021 → 1926$6.53

What happened to prices between 1926 and 2021

Between 1926 and 2021, the Consumer Price Index went from 17.7 to 270.97. Cumulatively, prices increased 1430.9%, which works out to an average of 2.91% per year. Put differently, a dollar in 1926 bought what $0.07 buys in 2021: the 1926 dollar lost 93.5% of its purchasing power over these 95 years.

Consumer prices rose 1.1% in 1926, a third straight year of mild inflation and part of the price stability that defined the middle of the decade. Florida’s real estate boom, which had peaked the previous year on speculative buying of undeveloped land, ended abruptly that September when the Great Miami Hurricane made landfall near the city, killing hundreds and wrecking the market for land whose value had rested on continued speculation rather than anything underneath it. In Detroit, Henry Ford moved his company to a five-day, 40-hour work week without cutting pay, a break from the standard six-day schedule that other large employers would gradually adopt over the following decades; Ford argued publicly that workers with more leisure time would also become better customers for the cars his factories built. Consumer prices remained low enough by historical standards that a first-class stamp still cost just 2 cents, the same price it had held since mid-1919.

More about inflation in 1926 →

Common amounts: 1926 dollars in 2021

Every 1926 amount converts to 2021 at the same ratio, 15.31: $1,000 becomes $15,309, and $10,000 becomes $153,090.

Amount in 1926Value in 2021
$1.00$15.31
$5.00$76.55
$10.00$153
$20.00$306
$50.00$765
$100$1,531
$500$7,655
$1,000$15,309
$5,000$76,545
$10,000$153,090
$100,000$1,530,904
$1,000,000$15,309,040

Inflation by spending category, 1926–2021

Between 1926 and 2021, food rose the most, up 1533.9%, while apparel rose the least, up 367.2%, against 1430.9% for all items. The headline number is an average; here is what $100 of 1926 spending costs in 2021, by category:

Category Avg. yearly inflation $100 in 1926 →
All items (CPI-U) 2.91% $1,531
Food 2.98% $1,634
Apparel 1.64% $467

Not shown because the BLS began these indexes after 1926: core (all items less food & energy) (1957–), energy (1957–), housing (1967–), medical care (1935–), transportation (1935–), recreation (1993–), education & communication (1993–).

Decade by decade: 1926 to 2021

Prices climbed fastest in the 1970s, averaging 7.82% a year, and fell in the 1930s (1.7% a year). Each step below chains into the full 1926–2021 change:

Years Avg. yearly inflation Price change $100 from 1926, at end
1926–1930 -1.44% -5.6% $94.35
1930–1940 -1.75% -16.2% $79.10
1940–1950 5.58% 72.1% $136
1950–1960 2.08% 22.8% $167
1960–1970 2.74% 31.1% $219
1970–1980 7.82% 112.4% $466
1980–1990 4.72% 58.6% $738
1990–2000 2.80% 31.8% $973
2000–2010 2.39% 26.6% $1,232
2010–2020 1.73% 18.7% $1,462
2020–2021 4.70% 4.7% $1,531

Year by year: CPI and the value of $100 from 1926

$100 from 1926 had already become $229 by 1971, on its way to $1,531 in 2021; each row shows the CPI, that year's inflation rate, and the running value. Within the span, inflation peaked at 14.4% in 1947, and prices fell 9.9% in 1932, the deepest deflation of the period.

Year CPI Inflation rate $100 from 1926
1926 17.7 1.1% $100
1931 15.2 -9.0% $85.88
1936 13.9 1.5% $78.53
1941 14.7 5.0% $83.05
1946 19.5 8.3% $110
1951 26 7.9% $147
1956 27.2 1.5% $154
1961 29.9 1.0% $169
1966 32.4 2.9% $183
1971 40.5 4.4% $229
1976 56.9 5.8% $321
1981 90.9 10.3% $514
1986 109.6 1.9% $619
1991 136.2 4.2% $769
1996 156.9 3.0% $886
2001 177.1 2.8% $1,001
2006 201.6 3.2% $1,139
2011 224.939 3.2% $1,271
2016 240.007 1.3% $1,356
2021 270.97 4.7% $1,531

Long periods are sampled every 5 years; the calculator above covers any pair of years.

The destination year: 2021

In 2021, prices rose 4.7% and $100 from 1926 had the buying power of $1,531; the year's average CPI of 270.97 is the level behind every 2021 figure on this page.

2021 was the year inflation stopped being background noise. Consumer prices rose 4.7% on average for the year, and the pace kept building as the months went on: by December, the 12-month rate had reached 7.0%, the highest since 1982. The proximate cause was a supply chain that could not keep up with a fast-reopening economy. A global semiconductor shortage choked new car production and pushed used vehicle prices up by more than a third, the single largest line item in the year’s inflation math. Lumber, appliances, and shipping capacity told versions of the same story: demand snapped back faster than factories, ports, and truckers could handle it. Washington added fuel in March with the $1.9 trillion American Rescue Plan, on top of the relief already in the pipeline since 2020. For most of the year, the Federal Reserve called the price surge “transitory,” a temporary reopening effect expected to fade on its own, and held its policy rate near zero. By November, with inflation still climbing, the Fed reversed course and began winding down its bond purchases, the first step toward the rate hikes that would follow in 2022. Gas averaged $3.01 a gallon for the year, up from about $2.17 in 2020, while the federal minimum wage held at $7.25, unchanged since 2009. In hindsight, 2021 reads as the hinge year: the point where “transitory” inflation became the multi-year fight the Fed spent the next two years trying to win.

More about inflation in 2021 →

Cite this page

MLA: “Inflation from 1926 to 2021: $100 is worth $1,531 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1926-to-2021/

APA: InflationCalculator.com. Inflation from 1926 to 2021. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1926-to-2021/

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.