U.S. inflation · 1926–2023
$100 in 1926 has the same buying power as
$1,721
in 2023
| Cumulative price change | 1621.5% |
|---|---|
| Average inflation rate | 2.98% per year |
| Converted amount ($100 base) | $1,721 |
| Price difference ($100 base) | $1,621 |
| CPI in 1926 | 17.7 |
| CPI in 2023 | 304.702 |
| Inflation in 1926 | 1.14% |
| Inflation in 2023 | 4.12% |
| $100 in 1926 → 2023 | $1,721 |
| $100 in 2023 → 1926 | $5.81 |
Between 1926 and 2023, the Consumer Price Index went from 17.7 to 304.702. Cumulatively, prices increased 1621.5%, which works out to an average of 2.98% per year. Put differently, a dollar in 1926 bought what $0.06 buys in 2023.
| Amount in 1926 | Value in 2023 |
|---|---|
| $1.00 | $17.21 |
| $5.00 | $86.07 |
| $10.00 | $172 |
| $20.00 | $344 |
| $50.00 | $861 |
| $100 | $1,721 |
| $500 | $8,607 |
| $1,000 | $17,215 |
| $5,000 | $86,074 |
| $10,000 | $172,148 |
| $100,000 | $1,721,480 |
| $1,000,000 | $17,214,802 |
The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 1926 spending costs in 2023, by category:
| Category | Avg. yearly inflation | $100 in 1926 → |
|---|---|---|
| All items (CPI-U) | 2.98% | $1,721 |
| Food | 3.08% | $1,900 |
| Apparel | 1.68% | $504 |
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–).
| 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 |
| 2023 | 304.702 | 4.1% | $1,721 |
Long periods are sampled every 5 years; the calculator above covers any pair of years.
MLA: “Inflation from 1926 to 2023: $100 is worth $1,721 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1926-to-2023/
APA: InflationCalculator.com. Inflation from 1926 to 2023. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1926-to-2023/
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.