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In 1920, a $100 bill would be worth the equivalent of $1,196.30, and you could buy 511 gallons of gas at modern prices. The national average price for a gallon of gas on June 3 was $2.34, according to AAA.Value of $10,000 from 1920 to 2022
$10,000 in 1920 is equivalent in purchasing power to about $144,554.50 today, an increase of $134,554.50 over 102 years. The dollar had an average inflation rate of 2.65% per year between 1920 and today, producing a cumulative price increase of 1,345.55%.
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Value of $10 from 1920 to 2022.
| Cumulative price change | 1,381.55% |
|---|---|
| Price difference ($10 base) | $138.16 |
| CPI in 1920 | 20.000 |
| CPI in 2022 | 296.311 |
| Inflation in 1920 | 15.61% |
| Year | Dollar Value | Inflation Rate |
|---|---|---|
| 1920 | $1.00 | 15.61% |
| 1921 | $0.89 | -10.50% |
| 1922 | $0.84 | -6.15% |
| 1923 | $0.86 | 1.79% |
Contents
What was dollar worth in 1920?
| Year | Dollar Value | Inflation Rate |
|---|---|---|
| 1920 | $1.00 | 15.61% |
| 1921 | $0.89 | -10.50% |
| 1922 | $0.84 | -6.15% |
| 1923 | $0.86 | 1.79% |
What was the value of $100 in 1920?
In 1920, a $100 bill would be worth the equivalent of $1,196.30, and you could buy 511 gallons of gas at modern prices. The national average price for a gallon of gas on June 3 was $2.34, according to AAA.
How much is $10000 in the 1920s worth today?
Value of $10,000 from 1920 to 2022
$10,000 in 1920 is equivalent in purchasing power to about $144,554.50 today, an increase of $134,554.50 over 102 years. The dollar had an average inflation rate of 2.65% per year between 1920 and today, producing a cumulative price increase of 1,345.55%.
What would you buy for $1 in 1920?
A dollar in 1920 could buy around three dozen eggs, or, just under three pounds of butter. That’s right, butter back then was 36 cents — $8.72 in today’s dollars, or around double what it costs in most places in the US.
How much was 25 cents 1950?
$0.25 in 1950 is equivalent in purchasing power to about $3.07 today, an increase of $2.82 over 72 years. The dollar had an average inflation rate of 3.55% per year between 1950 and today, producing a cumulative price increase of 1,129.51%.
What was $1 worth 1910?
Value of $1 from 1910 to 2022
$1 in 1910 is equivalent in purchasing power to about $31.19 today, an increase of $30.19 over 112 years. The dollar had an average inflation rate of 3.12% per year between 1910 and today, producing a cumulative price increase of 3,019.06%.
How much did a house cost in 1920?
If you dreamed of making the white picket fence a reality, a new house would’ve cost approximately $6,296–about $77,339 today. In 1920, to rent an apartment in New York City cost $60 per month.
How much did a car cost in 1920?
The Model-T (the first cheap car) cost $850 in 1908. When you adjust for inflation, that is about $22000 now. However, it must be added that the cost of that dwindled to $260 by 1920 (about $3500 now)[2].
What was a million dollars worth in 1920?
| Cumulative price change | 1,381.55% |
|---|---|
| Average inflation rate | 2.68% |
| Converted amount ($1,000,000 base) | $14,815,550.00 |
| Price difference ($1,000,000 base) | $13,815,550.00 |
| CPI in 1920 | 20.000 |
How much was 100k worth in 1920?
| Year | Dollar Value | Inflation Rate |
|---|---|---|
| 1920 | $100,000.00 | 15.61% |
| 1921 | $89,500.00 | -10.50% |
| 1922 | $84,000.00 | -6.15% |
| 1923 | $85,500.00 | 1.79% |
How much was $10000 in the 1800s?
| Cumulative price change | 2,251.67% |
|---|---|
| Average inflation rate | 1.43% |
| Converted amount ($10,000 base) | $235,167.46 |
| Price difference ($10,000 base) | $225,167.46 |
| CPI in 1800 | 12.600 |
What would $20 in 1920 be worth today?
Value of $20 from 1920 to 2022
$20 in 1920 is equivalent in purchasing power to about $292.30 today, an increase of $272.30 over 102 years. The dollar had an average inflation rate of 2.66% per year between 1920 and today, producing a cumulative price increase of 1,361.48%.
How much did a house cost in 1920?
If you dreamed of making the white picket fence a reality, a new house would’ve cost approximately $6,296–about $77,339 today. In 1920, to rent an apartment in New York City cost $60 per month.
What did a loaf of bread cost 1920?
A loaf of bread in the ’20s would cost around $0.12, which is about $1.55 nowadays. A dozen eggs would cost the equivalent of $6.08 today, which is much higher than what we pay currently!
How much was $50 in 1920 worth now?
Value of $50 from 1920 to 2022
$50 in 1920 is equivalent in purchasing power to about $722.77 today, an increase of $672.77 over 102 years. The dollar had an average inflation rate of 2.65% per year between 1920 and today, producing a cumulative price increase of 1,345.54%.
$10 in 1920 → 2022 | Inflation Calculator
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- Most searched keywords: Whether you are looking for $10 in 1920 → 2022 | Inflation Calculator Updating The 2.68% inflation rate means $10 in 1920 is equivalent to $148.16 today. This inflation calculator uses the official US consumer price index published by the Department of Labor.
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Value of $10 from 1920 to 2022
Buying power of $10 in 1920
Inflation by City
Inflation by Country
Inflation by Spending Category
How to calculate inflation rate for $10 since 1920
Comparison to S&P 500 Index
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$1 in 2020 → 1920 | Inflation Calculator
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- Most searched keywords: Whether you are looking for $1 in 2020 → 1920 | Inflation Calculator Updating The 2.59% inflation rate means $1 in 1920 is equivalent to $0.08 in 2020. This inflation calculator uses the official US consumer price index.
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Value of $1 from 2020 to 1920
Buying power of $1 in 1920
Inflation by City
Inflation by Country
Inflation by Spending Category
How to calculate inflation rate for $1 1920 to 2020
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What $100 Was Worth in the Decade You Were Born
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$10,000 in 1920 → 2022 | Inflation Calculator
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- Most searched keywords: Whether you are looking for $10,000 in 1920 → 2022 | Inflation Calculator Updating The 2.68% inflation rate means $10,000 in 1920 is equivalent to $148,155.50 today. This inflation calculator uses the official US consumer price index published by the Department of Labor.
- Table of Contents:
Value of $10000 from 1920 to 2022
Buying power of $10000 in 1920
Inflation by City
Inflation by Country
Inflation by Spending Category
How to calculate inflation rate for $10000 since 1920
Comparison to S&P 500 Index
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Calculate the Value of $10.00 in 1920. How much is it worth today?
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- Summary of article content: Articles about Calculate the Value of $10.00 in 1920. How much is it worth today? Calculate the Value of $10.00 in 1920 … What is $10 in 1920 worth in today’s money? … Adjusted for inflation, $10.00 in 1920 is equal to $147.51 in 2022. Annual … …
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Calculate the Value of $10.00 in 1920. How much is it worth today?
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- Summary of article content: Articles about Calculate the Value of $10.00 in 1920. How much is it worth today? This may not be the best answer. Today $10 from 1920 has a relative income worth of $539.57, $636.36 or $ … …
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Value of $10 in 1920. Inflation Calculator for Today’s Dollars
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Value of $10 in 1920 – Inflation Calculator
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How much was 100pounds worth in 1920?
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- Summary of article content: Articles about How much was 100pounds worth in 1920? $10 in 1920 is equivalent in purchasing power to about $139.40 today, an increase of $129.40 over 102 years. The dollar had an average inflation rate of 2.62% … …
- Most searched keywords: Whether you are looking for How much was 100pounds worth in 1920? $10 in 1920 is equivalent in purchasing power to about $139.40 today, an increase of $129.40 over 102 years. The dollar had an average inflation rate of 2.62% … £100 in 1920 is worth £4,694.06 today £100 in 1920 is equivalent in purchasing power to about £4,694.06 today, an increase of £4,594.06 over 101 years. The pound had an average inflation rate of 3.88% per year between 1920 and today, producing a cumulative price increase of 4,594.06%. Discover more science & math facts & informations.
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How much did a house cost in 1920
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How much was $10000 1919
How much was $1000 1919
How much was a Cadillac in the 1920s
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Inflation of $10 in 1920. What was $10 worth in 1920?
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- Summary of article content: Articles about Inflation of $10 in 1920. What was $10 worth in 1920? Other Amounts from 1920 ; $10.01 in 1920, $147.66 ; $10.02 in 1920, $147.80 ; $10.03 in 1920, $147.95 ; $10.04 in 1920, $148.10. …
- Most searched keywords: Whether you are looking for Inflation of $10 in 1920. What was $10 worth in 1920? Other Amounts from 1920 ; $10.01 in 1920, $147.66 ; $10.02 in 1920, $147.80 ; $10.03 in 1920, $147.95 ; $10.04 in 1920, $148.10. What was $10 worth in 1920? How much inflation has there been on 10 dollars since 1920?
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$20 in 1925 → 1920 | Inflation Calculator
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- Summary of article content: Articles about $20 in 1925 → 1920 | Inflation Calculator The -2.64% inflation rate means $20 in 1920 is equivalent to $22.86 in … Value of $20 from 1925 to 1920 … $10 dollars in 1920, $8.75 dollars in 1925. …
- Most searched keywords: Whether you are looking for $20 in 1925 → 1920 | Inflation Calculator The -2.64% inflation rate means $20 in 1920 is equivalent to $22.86 in … Value of $20 from 1925 to 1920 … $10 dollars in 1920, $8.75 dollars in 1925. The -2.64% inflation rate means $20 in 1920 is equivalent to $22.86 in 1925. This inflation calculator uses the official US consumer price index.
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Value of $20 from 1925 to 1920
Buying power of $20 in 1920
Inflation by City
Inflation by Country
Inflation by Spending Category
How to calculate inflation rate for $20 1920 to 1925
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Inflation Calculator
Value of $10 from 1920 to 2022
$10 in 1920 is equivalent in purchasing power to about $148.16 today, an increase of $138.16 over 102 years. The dollar had an average inflation rate of 2.68% per year between 1920 and today, producing a cumulative price increase of 1,381.55%.
This means that today’s prices are 14.82 times higher than average prices since 1920, according to the Bureau of Labor Statistics consumer price index. A dollar today only buys 6.749% of what it could buy back then.
The inflation rate in 1920 was 15.61%. The current inflation rate compared to last year is now 9.06%. If this number holds, $10 today will be equivalent in buying power to $10.91 next year. The current inflation rate page gives more detail on the latest inflation rates.
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Inflation from 1920 to 2022 Cumulative price change 1,381.55% Average inflation rate 2.68% Converted amount ($10 base) $148.16 Price difference ($10 base) $138.16 CPI in 1920 20.000 CPI in 2022 296.311 Inflation in 1920 15.61% Inflation in 2022 9.06% $10 in 1920 $148.16 in 2022
USD inflation since 1920 Annual Rate, the Bureau of Labor Statistics CPI Download
Buying power of $10 in 1920 This chart shows a calculation of buying power equivalence for $10 in 1920 (price index tracking began in 1635). For example, if you started with $10, you would need to end with $148.16 in order to “adjust” for inflation (sometimes refered to as “beating inflation”). Download When $10 is equivalent to $148.16 over time, that means that the “real value” of a single U.S. dollar decreases over time. In other words, a dollar will pay for fewer items at the store. This effect explains how inflation erodes the value of a dollar over time. By calculating the value in 1920 dollars, the chart below shows how $10 is worth less over 102 years. Download According to the Bureau of Labor Statistics, each of these USD amounts below is equal in terms of what it could buy at the time: Dollar inflation: 1920-2022 Year Dollar Value Inflation Rate 1920 $10.00 15.61% 1921 $8.95 -10.50% 1922 $8.40 -6.15% 1923 $8.55 1.79% 1924 $8.55 0.00% 1925 $8.75 2.34% 1926 $8.85 1.14% 1927 $8.70 -1.69% 1928 $8.55 -1.72% 1929 $8.55 0.00% 1930 $8.35 -2.34% 1931 $7.60 -8.98% 1932 $6.85 -9.87% 1933 $6.50 -5.11% 1934 $6.70 3.08% 1935 $6.85 2.24% 1936 $6.95 1.46% 1937 $7.20 3.60% 1938 $7.05 -2.08% 1939 $6.95 -1.42% 1940 $7.00 0.72% 1941 $7.35 5.00% 1942 $8.15 10.88% 1943 $8.65 6.13% 1944 $8.80 1.73% 1945 $9.00 2.27% 1946 $9.75 8.33% 1947 $11.15 14.36% 1948 $12.05 8.07% 1949 $11.90 -1.24% 1950 $12.05 1.26% 1951 $13.00 7.88% 1952 $13.25 1.92% 1953 $13.35 0.75% 1954 $13.45 0.75% 1955 $13.40 -0.37% 1956 $13.60 1.49% 1957 $14.05 3.31% 1958 $14.45 2.85% 1959 $14.55 0.69% 1960 $14.80 1.72% 1961 $14.95 1.01% 1962 $15.10 1.00% 1963 $15.30 1.32% 1964 $15.50 1.31% 1965 $15.75 1.61% 1966 $16.20 2.86% 1967 $16.70 3.09% 1968 $17.40 4.19% 1969 $18.35 5.46% 1970 $19.40 5.72% 1971 $20.25 4.38% 1972 $20.90 3.21% 1973 $22.20 6.22% 1974 $24.65 11.04% 1975 $26.90 9.13% 1976 $28.45 5.76% 1977 $30.30 6.50% 1978 $32.60 7.59% 1979 $36.30 11.35% 1980 $41.20 13.50% 1981 $45.45 10.32% 1982 $48.25 6.16% 1983 $49.80 3.21% 1984 $51.95 4.32% 1985 $53.80 3.56% 1986 $54.80 1.86% 1987 $56.80 3.65% 1988 $59.15 4.14% 1989 $62.00 4.82% 1990 $65.35 5.40% 1991 $68.10 4.21% 1992 $70.15 3.01% 1993 $72.25 2.99% 1994 $74.10 2.56% 1995 $76.20 2.83% 1996 $78.45 2.95% 1997 $80.25 2.29% 1998 $81.50 1.56% 1999 $83.30 2.21% 2000 $86.10 3.36% 2001 $88.55 2.85% 2002 $89.95 1.58% 2003 $92.00 2.28% 2004 $94.45 2.66% 2005 $97.65 3.39% 2006 $100.80 3.23% 2007 $103.67 2.85% 2008 $107.65 3.84% 2009 $107.27 -0.36% 2010 $109.03 1.64% 2011 $112.47 3.16% 2012 $114.80 2.07% 2013 $116.48 1.46% 2014 $118.37 1.62% 2015 $118.51 0.12% 2016 $120.00 1.26% 2017 $122.56 2.13% 2018 $125.61 2.49% 2019 $127.83 1.76% 2020 $129.41 1.23% 2021 $135.49 4.70% 2022 $148.16 9.35%* * Compared to previous annual rate. Not final. See * Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value. Click to show 96 more rows Download as CSV/Excel This conversion table shows various other 1920 amounts in today’s dollars, based on the 1,381.55% change in prices: Conversion: 1920 dollars today Initial value Equivalent value $1 dollar in 1920 $14.82 dollars today $5 dollars in 1920 $74.08 dollars today $10 dollars in 1920 $148.16 dollars today $50 dollars in 1920 $740.78 dollars today $100 dollars in 1920 $1,481.55 dollars today $500 dollars in 1920 $7,407.77 dollars today $1,000 dollars in 1920 $14,815.55 dollars today $5,000 dollars in 1920 $74,077.75 dollars today $10,000 dollars in 1920 $148,155.50 dollars today $50,000 dollars in 1920 $740,777.50 dollars today $100,000 dollars in 1920 $1,481,555.00 dollars today $500,000 dollars in 1920 $7,407,775.00 dollars today $1,000,000 dollars in 1920 $14,815,550.00 dollars today
Inflation by City Inflation can vary widely by city, even within the United States. Here’s how some cities fared in 1920 to 2022 (figures shown are purchasing power equivalents of $10): San Francisco, California : 2.93% average rate, $10 → $190.79 , cumulative change of 1,807.87%
: average rate, $10 → , cumulative change of Seattle, Washington : 2.80% average rate, $10 → $166.42 , cumulative change of 1,564.21%
: average rate, $10 → , cumulative change of New York : 2.71% average rate, $10 → $152.19 , cumulative change of 1,421.92%
: average rate, $10 → , cumulative change of Boston, Massachusetts : 2.69% average rate, $10 → $150.15 , cumulative change of 1,401.55%
: average rate, $10 → , cumulative change of Philadelphia, Pennsylvania : 2.62% average rate, $10 → $140.29 , cumulative change of 1,302.85%
: average rate, $10 → , cumulative change of Chicago, Illinois : 2.59% average rate, $10 → $135.92 , cumulative change of 1,259.24%
: average rate, $10 → , cumulative change of Houston, Texas : 2.57% average rate, $10 → $132.74 , cumulative change of 1,227.39%
: average rate, $10 → , cumulative change of Atlanta, Georgia : 2.54% average rate, $10 → $128.96 , cumulative change of 1,189.59%
: average rate, $10 → , cumulative change of Detroit, Michigan: 2.48% average rate, $10 → $122.15 , cumulative change of 1,121.45% San Francisco, California experienced the highest rate of inflation during the 102 years between 1920 and 2022 (2.93%). Detroit, Michigan experienced the lowest rate of inflation during the 102 years between 1920 and 2022 (2.48%). Note that some locations showing 0% inflation may have not yet reported latest data. Inflation by Country Inflation can also vary widely by country. For comparison, in the UK £10.00 in 1920 would be equivalent to £496.78 in 2022, an absolute change of £486.78 and a cumulative change of 4,867.81%. In Canada, CA$10.00 in 1920 would be equivalent to CA$133.65 in 2022, an absolute change of CA$123.65 and a cumulative change of 1,236.50%. Compare these numbers to the US’s overall absolute change of $138.16 and total percent change of 1,381.55%.
Inflation by Spending Category CPI is the weighted combination of many categories of spending that are tracked by the government. Breaking down these categories helps explain the main drivers behind price changes. This chart shows the average rate of inflation for select CPI categories between 1920 and 2022. Compare these values to the overall average of 2.68% per year: Category Avg Inflation (%) Total Inflation (%) $10 in 1920 → 2022 Food and beverages 3.96 5,130.03 523.00 Housing 4.19 6,499.88 659.99 Apparel 1.07 196.57 29.66 Transportation 3.42 2,995.29 309.53 Medical care 4.67 10,408.47 1,050.85 Recreation 1.23 248.19 34.82 Education and communication 1.80 518.57 61.86 Other goods and services 4.95 13,665.06 1,376.51 The graph below compares inflation in categories of goods over time. Click on a category such as “Food” to toggle it on or off: For all these visualizations, it’s important to note that not all categories may have been tracked since 1920. This table and charts use the earliest available data for each category.
How to calculate inflation rate for $10 since 1920 Our calculations use the following inflation rate formula to calculate the change in value between 1920 and today: CPI today CPI in 1920 × 1920 USD value = Today’s value Then plug in historical CPI values. The U.S. CPI was 20 in the year 1920 and 296.311 in 2022: 296.311 20 × $10 = $148.16 $10 in 1920 has the same “purchasing power” or “buying power” as $148.16 in 2022. To get the total inflation rate for the 102 years between 1920 and 2022, we use the following formula: CPI in 2022 – CPI in 1920 CPI in 1920 × 100 = Cumulative inflation rate (102 years) Plugging in the values to this equation, we get: 296.311 – 20 20 × 100 = 1,382%
Comparison to S&P 500 Index The average inflation rate of 2.68% has a compounding effect between 1920 and 2022. As noted above, this yearly inflation rate compounds to produce an overall price difference of 1,381.55% over 102 years. To help put this inflation into perspective, if we had invested $10 in the S&P 500 index in 1920, our investment would be nominally worth approximately $220,035.53 in 2022. This is a return on investment of 2,200,255.28%, with an absolute return of $220,025.53 on top of the original $10. These numbers are not inflation adjusted, so they are considered nominal. In order to evaluate the real return on our investment, we must calculate the return with inflation taken into account. The compounding effect of inflation would account for 93.25% of returns ($205,183.87) during this period. This means the inflation-adjusted real return of our $10 investment is $14,841.66. You may also want to account for capital gains tax, which would take your real return down to around $12,615 for most people. Investment in S&P 500 Index, 1920-2022 Original Amount Final Amount Change Nominal $10 $220,035.53 2,200,255.28% Real
Inflation Adjusted $10 $14,851.66 148,416.61% Information displayed above may differ slightly from other S&P 500 calculators. Minor discrepancies can occur because we use the latest CPI data for inflation, annualized inflation numbers for previous years, and we compute S&P price and dividends from January of 1920 to latest available data for 2022 using average monthly close price. For more details on the S&P 500 between 1920 and 2022, see the stock market returns calculator.
Data source & citation
Raw data for these calculations comes from the Bureau of Labor Statistics’ Consumer Price Index (CPI), established in 1913. Inflation data from 1634 to 1912 is sourced from a historical study conducted by political science professor Robert Sahr at Oregon State University and from the American Antiquarian Society.
You may use the following MLA citation for this page: “$10 in 1920 → 2022 | Inflation Calculator.” Official Inflation Data, Alioth Finance, 13 Jul. 2022, https://www.officialdata.org/us/inflation/1920?amount=10.
Special thanks to QuickChart for their chart image API, which is used for chart downloads.
in2013dollars.com is a reference website maintained by the Official Data Foundation.
Inflation Calculator
Value of $1 from 2020 to 1920
$1 in 2020 is equivalent in purchasing power to about $0.08 in 1920, an increase of $-0.92 over 100 years. The dollar had an average inflation rate of 2.59% per year between 1920 and 2020, producing a cumulative price increase of -92.27%.
This means that prices in 1920 are 92.27% lower than average prices since 2020, according to the Bureau of Labor Statistics consumer price index.
The inflation rate in 1920 was 15.61%. The inflation rate in 2020 was 1.23%. The 2020 inflation rate is lower compared to the average inflation rate of 7.00% per year between 2020 and 2022.
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Inflation from 2020 to 1920 Cumulative price change -92.27% Average inflation rate 2.59% Converted amount ($1 base) $0.08 Price difference ($1 base) $-0.92 CPI in 2020 258.812 CPI in 1920 20.000 Inflation in 1920 15.61% Inflation in 2020 1.23% $1 in 2020 $0.08 in 1920
USD inflation since 1920 Annual Rate, the Bureau of Labor Statistics CPI Download
Buying power of $1 in 1920 This chart shows a calculation of buying power equivalence for $1 in 1920 (price index tracking began in 1635). For example, if you started with $1, you would need to end with $0.08 in order to “adjust” for inflation (sometimes refered to as “beating inflation”). Download When $1 is equivalent to $0.08 over time, that means that the “real value” of a single U.S. dollar decreases over time. In other words, a dollar will pay for fewer items at the store. This effect explains how inflation erodes the value of a dollar over time. By calculating the value in 1920 dollars, the chart below shows how $1 is worth less over 100 years. Download According to the Bureau of Labor Statistics, each of these USD amounts below is equal in terms of what it could buy at the time: Dollar inflation: 1920-2020 Year Dollar Value Inflation Rate 1920 $1.00 15.61% 1921 $0.89 -10.50% 1922 $0.84 -6.15% 1923 $0.86 1.79% 1924 $0.86 0.00% 1925 $0.88 2.34% 1926 $0.89 1.14% 1927 $0.87 -1.69% 1928 $0.86 -1.72% 1929 $0.86 0.00% 1930 $0.84 -2.34% 1931 $0.76 -8.98% 1932 $0.68 -9.87% 1933 $0.65 -5.11% 1934 $0.67 3.08% 1935 $0.68 2.24% 1936 $0.70 1.46% 1937 $0.72 3.60% 1938 $0.71 -2.08% 1939 $0.70 -1.42% 1940 $0.70 0.72% 1941 $0.74 5.00% 1942 $0.82 10.88% 1943 $0.87 6.13% 1944 $0.88 1.73% 1945 $0.90 2.27% 1946 $0.98 8.33% 1947 $1.12 14.36% 1948 $1.21 8.07% 1949 $1.19 -1.24% 1950 $1.21 1.26% 1951 $1.30 7.88% 1952 $1.33 1.92% 1953 $1.34 0.75% 1954 $1.35 0.75% 1955 $1.34 -0.37% 1956 $1.36 1.49% 1957 $1.41 3.31% 1958 $1.44 2.85% 1959 $1.46 0.69% 1960 $1.48 1.72% 1961 $1.50 1.01% 1962 $1.51 1.00% 1963 $1.53 1.32% 1964 $1.55 1.31% 1965 $1.58 1.61% 1966 $1.62 2.86% 1967 $1.67 3.09% 1968 $1.74 4.19% 1969 $1.84 5.46% 1970 $1.94 5.72% 1971 $2.03 4.38% 1972 $2.09 3.21% 1973 $2.22 6.22% 1974 $2.47 11.04% 1975 $2.69 9.13% 1976 $2.85 5.76% 1977 $3.03 6.50% 1978 $3.26 7.59% 1979 $3.63 11.35% 1980 $4.12 13.50% 1981 $4.55 10.32% 1982 $4.83 6.16% 1983 $4.98 3.21% 1984 $5.20 4.32% 1985 $5.38 3.56% 1986 $5.48 1.86% 1987 $5.68 3.65% 1988 $5.92 4.14% 1989 $6.20 4.82% 1990 $6.53 5.40% 1991 $6.81 4.21% 1992 $7.02 3.01% 1993 $7.23 2.99% 1994 $7.41 2.56% 1995 $7.62 2.83% 1996 $7.85 2.95% 1997 $8.03 2.29% 1998 $8.15 1.56% 1999 $8.33 2.21% 2000 $8.61 3.36% 2001 $8.86 2.85% 2002 $9.00 1.58% 2003 $9.20 2.28% 2004 $9.45 2.66% 2005 $9.77 3.39% 2006 $10.08 3.23% 2007 $10.37 2.85% 2008 $10.77 3.84% 2009 $10.73 -0.36% 2010 $10.90 1.64% 2011 $11.25 3.16% 2012 $11.48 2.07% 2013 $11.65 1.46% 2014 $11.84 1.62% 2015 $11.85 0.12% 2016 $12.00 1.26% 2017 $12.26 2.13% 2018 $12.56 2.49% 2019 $12.78 1.76% 2020 $12.94 1.23% 2021 $13.55 4.70% 2022 $14.82 9.35%* * Compared to previous annual rate. Not final. See * Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value. Click to show 94 more rows Download as CSV/Excel This conversion table shows various other 1920 amounts in 2020 dollars, based on the -92.27% change in prices: Conversion: 1920 dollars in 2020 Initial value Equivalent value $1 dollar in 1920 $12.94 dollars in 2020 $5 dollars in 1920 $64.70 dollars in 2020 $10 dollars in 1920 $129.41 dollars in 2020 $50 dollars in 1920 $647.03 dollars in 2020 $100 dollars in 1920 $1,294.06 dollars in 2020 $500 dollars in 1920 $6,470.29 dollars in 2020 $1,000 dollars in 1920 $12,940.58 dollars in 2020 $5,000 dollars in 1920 $64,702.92 dollars in 2020 $10,000 dollars in 1920 $129,405.83 dollars in 2020 $50,000 dollars in 1920 $647,029.17 dollars in 2020 $100,000 dollars in 1920 $1,294,058.33 dollars in 2020 $500,000 dollars in 1920 $6,470,291.67 dollars in 2020 $1,000,000 dollars in 1920 $12,940,583.33 dollars in 2020
Inflation by City Inflation can vary widely by city, even within the United States. Here’s how some cities fared in 2020 to 1920 (figures shown are purchasing power equivalents of $1): San Francisco, California : 2.92% average rate, $1 → $17.73 , cumulative change of 1,673.10%
: average rate, $1 → , cumulative change of Seattle, Washington : 2.74% average rate, $1 → $14.96 , cumulative change of 1,396.23%
: average rate, $1 → , cumulative change of New York : 2.68% average rate, $1 → $14.06 , cumulative change of 1,306.39%
: average rate, $1 → , cumulative change of Boston, Massachusetts : 2.66% average rate, $1 → $13.82 , cumulative change of 1,281.87%
: average rate, $1 → , cumulative change of Philadelphia, Pennsylvania : 2.58% average rate, $1 → $12.74 , cumulative change of 1,174.16%
: average rate, $1 → , cumulative change of Chicago, Illinois : 2.54% average rate, $1 → $12.29 , cumulative change of 1,128.58%
: average rate, $1 → , cumulative change of Houston, Texas : 2.51% average rate, $1 → $11.97 , cumulative change of 1,096.75%
: average rate, $1 → , cumulative change of Atlanta, Georgia : 2.45% average rate, $1 → $11.25 , cumulative change of 1,025.40%
: average rate, $1 → , cumulative change of Detroit, Michigan: 2.43% average rate, $1 → $11.05 , cumulative change of 1,004.75% San Francisco, California experienced the highest rate of inflation during the 100 years between 1920 and 2020 (2.92%). Detroit, Michigan experienced the lowest rate of inflation during the 100 years between 1920 and 2020 (2.43%). Note that some locations showing 0% inflation may have not yet reported latest data. Inflation by Country Inflation can also vary widely by country. For comparison, in the UK £1.00 in 2020 would be equivalent to £0.02 in 1920, an absolute change of £-0.98 and a cumulative change of -97.80%. In Canada, CA$1.00 in 2020 would be equivalent to CA$0.08 in 1920, an absolute change of CA$-0.92 and a cumulative change of -91.71%. Compare these numbers to the US’s overall absolute change of $-0.92 and total percent change of -92.27%.
Inflation by Spending Category CPI is the weighted combination of many categories of spending that are tracked by the government. Breaking down these categories helps explain the main drivers behind price changes. This chart shows the average rate of inflation for select CPI categories between 2020 and 1920. Compare these values to the overall average of 2.59% per year: Category Avg Inflation (%) Total Inflation (%) $1 in 1920 → 2020 Food and beverages 3.91 4,513.31 46.13 Housing 4.19 5,988.09 60.88 Apparel 1.02 175.88 2.76 Transportation 3.17 2,163.90 22.64 Medical care 4.73 10,076.62 101.77 Recreation 1.11 200.25 3.00 Education and communication 1.85 524.30 6.24 Other goods and services 4.99 12,885.06 129.85 The graph below compares inflation in categories of goods over time. Click on a category such as “Food” to toggle it on or off: For all these visualizations, it’s important to note that not all categories may have been tracked since 2020. This table and charts use the earliest available data for each category.
How to calculate inflation rate for $1, 1920 to 2020 Our calculations use the following inflation rate formula to calculate the change in value between 1920 and 2020: CPI in 1920 CPI in 2020 × 2020 USD value = 1920 USD value Then plug in historical CPI values. The U.S. CPI was 258.81166666667 in the year 2020 and 20 in 1920: 20 258.81166666667 × $1 = $0.08 $1 in 2020 has the same “purchasing power” or “buying power” as $0.08 in 1920. To get the total inflation rate for the 100 years between 1920 and 2020, we use the following formula: CPI in 1920 – CPI in 2020 CPI in 2020 × 100 = Cumulative inflation rate (100 years) Plugging in the values to this equation, we get: 20 – 258.81166666667 258.81166666667 × 100 = -92%
Data source & citation
Raw data for these calculations comes from the Bureau of Labor Statistics’ Consumer Price Index (CPI), established in 1913. Inflation data from 1634 to 1912 is sourced from a historical study conducted by political science professor Robert Sahr at Oregon State University and from the American Antiquarian Society.
You may use the following MLA citation for this page: “$1 in 2020 → 1920 | Inflation Calculator.” Official Inflation Data, Alioth Finance, 13 Jul. 2022, https://www.officialdata.org/us/inflation/2020?endYear=1920&amount=1.
Special thanks to QuickChart for their chart image API, which is used for chart downloads.
What $100 was worth in the decade you were born
American figure skating duo Randy Gardner and Tai Babilonia trying their hands at roller skating, May 1979. Tony Duffy / Staff / Getty Images
American women won the right to vote in 1920, a few months in advance of the national election that anointed Warren G. Harding president of the United States.
A lot has changed in the 95-plus years since then, including what a “Benjamin,” or $100 bill, can buy.
To illustrate how much the value of $100 has changed over the years, GOBankingRates used the Bureau of Labor Statistics CPI Inflation Calculator to determine what a $100 bill could buy in today’s world as its purchasing power changed over the decades.
Starting in 1920, see what $100 was worth the decade you were born.
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