$100 in 1920 has the buying power of $1,684.70 in September 2026. Prices are 1,584.7% higher, an average of 2.69% a year, by the official Consumer Price Index (CPI-U): 1920's average index was 20.0 and September 2026's is 336.940. Put the other way, $100 in September 2026 buys what $5.94 did in 1920.
Inflation in 1920 was 15.6% (the change in the year's average CPI from 1919; December to December, 2.6%), the 3rd highest of the 112 years since 1914.
| Year | Average CPI-U | Inflation | $100 then is worth today |
|---|---|---|---|
| 1915 | 10.1 | +1.0% | $3,336.04 |
| 1916 | 10.9 | +7.9% | $3,091.19 |
| 1917 | 12.8 | +17.4% | $2,632.34 |
| 1918 | 15.1 | +18.0% | $2,231.39 |
| 1919 | 17.3 | +14.6% | $1,947.63 |
| 1920 | 20.0 | +15.6% | $1,684.70 |
| 1921 | 17.9 | −10.5% | $1,882.35 |
| 1922 | 16.8 | −6.1% | $2,005.60 |
| 1923 | 17.1 | +1.8% | $1,970.41 |
| 1924 | 17.1 | 0.0% | $1,970.41 |
| 1925 | 17.5 | +2.3% | $1,925.37 |
2.69% a year, compounded from the middle of 1920 to September 2026: prices are 1,584.7% higher in all, so a dollar from 1920 is worth $16.85 today.
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.
1919 · Inflation calculator, any month since 1913 · 1921
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.