Economy · Inflation

Purchasing Power of the Dollar (since 1913)

What one 1913 dollar buys over time, from the consumer price index: the first CPI over each month's CPI.

YearAverageYear close
1913$0.99$0.98
1914$0.98$0.97
1915$0.97$0.95
1916$0.90$0.84
1917$0.77$0.72
1918$0.65$0.59
1919$0.57$0.52
1920$0.49$0.51
1921$0.55$0.57
1922$0.59$0.58
1923$0.57$0.57
1924$0.57$0.57

Source: FRED CPIAUCNS (Consumer Price Index for All Urban Consumers: All Items in U.S. City Average). Federal Reserve Bank of St. Louis.

Gray bands mark U.S. recessions as dated by the NBER (FRED USREC).

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