$100 in 1919 Is Worth $1,947.63 Today (September 2026 CPI)

$100 in 1919 has the buying power of $1,947.63 in September 2026. Prices are 1,847.6% higher, an average of 2.81% a year, by the official Consumer Price Index (CPI-U): 1919's average index was 17.3 and September 2026's is 336.940. Put the other way, $100 in September 2026 buys what $5.13 did in 1919.

Inflation in 1919 was 14.6% (the change in the year's average CPI from 1918; December to December, 14.5%), the 4th highest of the 112 years since 1914.

Inflation year by year, 1914 to 1924

YearAverage CPI-UInflation$100 then is worth today
191410.0+1.0%$3,369.40
191510.1+1.0%$3,336.04
191610.9+7.9%$3,091.19
191712.8+17.4%$2,632.34
191815.1+18.0%$2,231.39
191917.3+14.6%$1,947.63
192020.0+15.6%$1,684.70
192117.9−10.5%$1,882.35
192216.8−6.1%$2,005.60
192317.1+1.8%$1,970.41
192417.10.0%$1,970.41

What has the average inflation rate been since 1919?

2.81% a year, compounded from the middle of 1919 to September 2026: prices are 1,847.6% higher in all, so a dollar from 1919 is worth $19.48 today.

Where do these numbers come from?

The Bureau of Labor Statistics' Consumer Price Index for All Urban Consumers (CPI-U), all items, U.S. city average, not seasonally adjusted, which runs back to January 1913. A year's figure is the average of its monthly indexes, as BLS computes annual averages; today's figure is the latest month, September 2026, so the answer moves each month when BLS publishes a new CPI.

1918 · Inflation calculator, any month since 1913 · 1920

Source: BLS CPI-U, all items, U.S. city average, not seasonally adjusted (FRED CPIAUCNS); through 2006, BLS's official annual averages. The answer moves each month, when BLS publishes a new CPI.