Between 1931 and 2022, the Consumer Price Index went from 15.2 to 292.655.
Cumulatively, prices increased 1825.4%, which works out to an average of
3.30% per year. Put differently, a dollar in 1931 bought what
$0.05 buys in 2022.
Common amounts: 1931 dollars in 2022
Amount in 1931
Value in 2022
$1.00
$19.25
$5.00
$96.27
$10.00
$193
$20.00
$385
$50.00
$963
$100
$1,925
$500
$9,627
$1,000
$19,254
$5,000
$96,268
$10,000
$192,536
$100,000
$1,925,362
$1,000,000
$19,253,618
Inflation by spending category, 1931–2022
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1931 spending costs in 2022, by category:
Category
Avg. yearly inflation
$100 in 1931 →
All items (CPI-U)
3.30%
$1,925
Food
3.54%
$2,367
Apparel
1.95%
$578
Not shown because the BLS began these indexes after 1931: 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.
The destination year: 2022
2022 was the year inflation returned. Consumer prices rose 8.0% on average,
the worst since 1981, driven by pandemic-era supply chains, stimulus-fueled
demand, and an energy shock from the war in Ukraine. Gas briefly topped $5 a
gallon nationally for the first time ever, and “inflation” became the
top-ranked economic concern in nearly every poll of American households.
MLA: “Inflation from 1931 to 2022: $100 is worth $1,925 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1931-to-2022/
APA: InflationCalculator.com. Inflation from 1931 to 2022. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1931-to-2022/