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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%.$1 in 1920 is equivalent in purchasing power to about $14.82 today, an increase of $13.82 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%.$1,000 in 1920 is equivalent in purchasing power to about $14,614.80 today, an increase of $13,614.80 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%.
| 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 |
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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 was the value of 1 dollar in 1920?
$1 in 1920 is equivalent in purchasing power to about $14.82 today, an increase of $13.82 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%.
How much is $1000 in the 1920s?
$1,000 in 1920 is equivalent in purchasing power to about $14,614.80 today, an increase of $13,614.80 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%.
What is a million dollars in 1919 worth today?
$1,000,000 in 1919 is equivalent in purchasing power to about $16,895,722.54 today, an increase of $15,895,722.54 over 103 years. The dollar had an average inflation rate of 2.78% per year between 1919 and today, producing a cumulative price increase of 1,589.57%.
How much was a house 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 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 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%.
How much was 25 cents 1880?
$0.25 in 1880 is equivalent in purchasing power to about $7.26 today, an increase of $7.01 over 142 years. The dollar had an average inflation rate of 2.40% per year between 1880 and today, producing a cumulative price increase of 2,805.01%.
How much was 25 cents worth during the Great Depression?
Value of $0.25 from 1930 to 2022
$0.25 in 1930 is equivalent in purchasing power to about $4.44 today, an increase of $4.19 over 92 years. The dollar had an average inflation rate of 3.18% per year between 1930 and today, producing a cumulative price increase of 1,674.32%.
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 did a house cost 100 years ago?
1915. Today, the median home value in the U.S. is $177,600, according to the Zillow Home Value Index. In 1915, purchasing a house would have typically set you back $3,200, according to Census records. You were also taking more of a risk in buying a home then than you are today.
What was a dollar worth in 1776?
| Year | Dollar Value | Inflation Rate |
|---|---|---|
| 1776 | $1.00 | 12.99% |
| 1777 | $1.22 | 21.84% |
| 1778 | $1.59 | 30.19% |
| 1779 | $1.40 | -11.59% |
How much was $2 worth in 1919?
$2 in 1919 is equivalent in purchasing power to about $33.79 today, an increase of $31.79 over 103 years. The dollar had an average inflation rate of 2.78% per year between 1919 and today, producing a cumulative price increase of 1,589.57%.
How much was $1 worth in 1919?
| Year | Dollar Value | Inflation Rate |
|---|---|---|
| 1919 | $1.00 | 14.57% |
| 1920 | $1.16 | 15.61% |
| 1921 | $1.03 | -10.50% |
| 1922 | $0.97 | -6.15% |
How much was a dollar worth back in 1919?
| Year | Dollar Value | Inflation Rate |
|---|---|---|
| 1919 | $100.00 | 14.57% |
| 1920 | $115.61 | 15.61% |
| 1921 | $103.47 | -10.50% |
| 1922 | $97.11 | -6.15% |
How much was $100 dollars worth in 1920?
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 1928 worth now?
Value of $10,000 from 1928 to 2022
$10,000 in 1928 is equivalent in purchasing power to about $170,933.33 today, an increase of $160,933.33 over 94 years. The dollar had an average inflation rate of 3.07% per year between 1928 and today, producing a cumulative price increase of 1,609.33%.
How much was $10000 dollars worth in 1930?
| Year | Dollar Value | Inflation Rate |
|---|---|---|
| 1930 | $10,000.00 | -2.34% |
| 1931 | $9,101.80 | -8.98% |
| 1932 | $8,203.59 | -9.87% |
| 1933 | $7,784.43 | -5.11% |
How much was $10000 1900?
$10,000 in 1900 is equivalent in purchasing power to about $352,751.19 today, an increase of $342,751.19 over 122 years. The dollar had an average inflation rate of 2.96% per year between 1900 and today, producing a cumulative price increase of 3,427.51%.
$1,000,000 in 1920 → 2022 | Inflation Calculator
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Value of $1000000 from 1920 to 2022
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$10,000 in 1920 → 2022 | Inflation Calculator
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Value of $10000 from 1920 to 2022
Buying power of $10000 in 1920
Inflation by City
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$1 in 1920 → 2022 | Inflation Calculator
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- Most searched keywords: Whether you are looking for $1 in 1920 → 2022 | Inflation Calculator Updating The 2.68% inflation rate means $1 in 1920 is equivalent to $14.82 today. This inflation calculator uses the official US consumer price index published by the Department of Labor.
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Value of $1 from 1920 to 2022
Buying power of $1 in 1920
Inflation by City
Inflation by Country
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$1,000 in 1920 → 2022 | Inflation Calculator
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- Most searched keywords: Whether you are looking for $1,000 in 1920 → 2022 | Inflation Calculator Updating The 2.68% inflation rate means $1,000 in 1920 is equivalent to $14,815.55 today. This inflation calculator uses the official US consumer price index published by the Department of Labor.
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Value of $1000 from 1920 to 2022
Buying power of $1000 in 1920
Inflation by City
Inflation by Country
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How to calculate inflation rate for $1000 since 1920
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$1,000,000 in 1919 → 2022 | Inflation Calculator
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- Most searched keywords: Whether you are looking for $1,000,000 in 1919 → 2022 | Inflation Calculator Updating The 2.80% inflation rate means $1,000,000 in 1919 is equivalent to $17,127,803.47 today. This inflation calculator uses the official US consumer price index published by the Department of Labor.
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Value of $1000000 from 1919 to 2022
Buying power of $1000000 in 1919
Inflation by City
Inflation by Country
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How to calculate inflation rate for $1000000 since 1919
Comparison to S&P 500 Index
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$1,000,000,000 in 1920 → 2022 | Inflation Calculator
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Value of $1000000000 from 1920 to 2022
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How much would a million dollars in 1920 be worth today?
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- Summary of article content: Articles about How much would a million dollars in 1920 be worth today? $1,000,000 in 1920 is equivalent in purchasing power to about $13,940,100.00 today, an increase of $12,940,100.00 over 102 years. The dollar had an average … …
- Most searched keywords: Whether you are looking for How much would a million dollars in 1920 be worth today? $1,000,000 in 1920 is equivalent in purchasing power to about $13,940,100.00 today, an increase of $12,940,100.00 over 102 years. The dollar had an average … $1,000,000 in 1920 is equivalent in purchasing power to about $13,940,100.00 today, an increase of $12,940,100.00 over 102 years. The dollar had an average inflation rate of 2.62% per year between 1920 and today, producing a cumulative price increase of 1,294.01%.. Discover more science & math facts & informations.
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$100 in 1920 → 1917 | Inflation Calculator
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- Summary of article content: Articles about $100 in 1920 → 1917 | Inflation Calculator $100 in 1920 is equivalent in purchasing power to about $64 in 1917, an increase of $-36.00 over 3 years. The dollar had an average inflation rate of 16.04% per … …
- Most searched keywords: Whether you are looking for $100 in 1920 → 1917 | Inflation Calculator $100 in 1920 is equivalent in purchasing power to about $64 in 1917, an increase of $-36.00 over 3 years. The dollar had an average inflation rate of 16.04% per … The 16.04% inflation rate means $100 in 1917 is equivalent to $64 in 1920. This inflation calculator uses the official US consumer price index.
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What would a million dollars in 1920 be worth today? – ADL Magazine ➡
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Value of $1,000,000 in 1920. Inflation Calculator for Today’s Dollars
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Value of $100,000,000 in 1920. What is $100,000,000 in 1920 worth in today’s dollars?
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$1,000,000 in 1920 → 2022
Value of $1,000,000 from 1920 to 2022
$1,000,000 in 1920 is equivalent in purchasing power to about $14,815,550.00 today, an increase of $13,815,550.00 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 6.750% 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, $1,000,000 today will be equivalent in buying power to $1,090,597.58 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 ($1,000,000 base) $14,815,550.00 Price difference ($1,000,000 base) $13,815,550.00 CPI in 1920 20.000 CPI in 2022 296.311 Inflation in 1920 15.61% Inflation in 2022 9.06% $1,000,000 in 1920 $14,815,550.00 in 2022
USD inflation since 1920 Annual Rate, the Bureau of Labor Statistics CPI Download
Buying power of $1,000,000 in 1920 This chart shows a calculation of buying power equivalence for $1,000,000 in 1920 (price index tracking began in 1635). For example, if you started with $1,000,000, you would need to end with $14,815,550.00 in order to “adjust” for inflation (sometimes refered to as “beating inflation”). Download When $1,000,000 is equivalent to $14,815,550.00 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 $1,000,000 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 $1,000,000.00 15.61% 1921 $895,000.00 -10.50% 1922 $840,000.00 -6.15% 1923 $855,000.00 1.79% 1924 $855,000.00 0.00% 1925 $875,000.00 2.34% 1926 $885,000.00 1.14% 1927 $870,000.00 -1.69% 1928 $855,000.00 -1.72% 1929 $855,000.00 0.00% 1930 $835,000.00 -2.34% 1931 $760,000.00 -8.98% 1932 $685,000.00 -9.87% 1933 $650,000.00 -5.11% 1934 $670,000.00 3.08% 1935 $685,000.00 2.24% 1936 $695,000.00 1.46% 1937 $720,000.00 3.60% 1938 $705,000.00 -2.08% 1939 $695,000.00 -1.42% 1940 $700,000.00 0.72% 1941 $735,000.00 5.00% 1942 $815,000.00 10.88% 1943 $865,000.00 6.13% 1944 $880,000.00 1.73% 1945 $900,000.00 2.27% 1946 $975,000.00 8.33% 1947 $1,115,000.00 14.36% 1948 $1,205,000.00 8.07% 1949 $1,190,000.00 -1.24% 1950 $1,205,000.00 1.26% 1951 $1,300,000.00 7.88% 1952 $1,325,000.00 1.92% 1953 $1,335,000.00 0.75% 1954 $1,345,000.00 0.75% 1955 $1,340,000.00 -0.37% 1956 $1,360,000.00 1.49% 1957 $1,405,000.00 3.31% 1958 $1,445,000.00 2.85% 1959 $1,455,000.00 0.69% 1960 $1,480,000.00 1.72% 1961 $1,495,000.00 1.01% 1962 $1,510,000.00 1.00% 1963 $1,530,000.00 1.32% 1964 $1,550,000.00 1.31% 1965 $1,575,000.00 1.61% 1966 $1,620,000.00 2.86% 1967 $1,670,000.00 3.09% 1968 $1,740,000.00 4.19% 1969 $1,835,000.00 5.46% 1970 $1,940,000.00 5.72% 1971 $2,025,000.00 4.38% 1972 $2,090,000.00 3.21% 1973 $2,220,000.00 6.22% 1974 $2,465,000.00 11.04% 1975 $2,690,000.00 9.13% 1976 $2,845,000.00 5.76% 1977 $3,030,000.00 6.50% 1978 $3,260,000.00 7.59% 1979 $3,630,000.00 11.35% 1980 $4,120,000.00 13.50% 1981 $4,545,000.00 10.32% 1982 $4,825,000.00 6.16% 1983 $4,980,000.00 3.21% 1984 $5,195,000.00 4.32% 1985 $5,380,000.00 3.56% 1986 $5,480,000.00 1.86% 1987 $5,680,000.00 3.65% 1988 $5,915,000.00 4.14% 1989 $6,200,000.00 4.82% 1990 $6,535,000.00 5.40% 1991 $6,810,000.00 4.21% 1992 $7,015,000.00 3.01% 1993 $7,225,000.00 2.99% 1994 $7,410,000.00 2.56% 1995 $7,620,000.00 2.83% 1996 $7,845,000.00 2.95% 1997 $8,025,000.00 2.29% 1998 $8,150,000.00 1.56% 1999 $8,330,000.00 2.21% 2000 $8,610,000.00 3.36% 2001 $8,855,000.00 2.85% 2002 $8,995,000.00 1.58% 2003 $9,200,000.00 2.28% 2004 $9,445,000.00 2.66% 2005 $9,765,000.00 3.39% 2006 $10,080,000.00 3.23% 2007 $10,367,100.00 2.85% 2008 $10,765,150.00 3.84% 2009 $10,726,850.00 -0.36% 2010 $10,902,800.00 1.64% 2011 $11,246,950.00 3.16% 2012 $11,479,700.00 2.07% 2013 $11,647,850.00 1.46% 2014 $11,836,800.00 1.62% 2015 $11,850,850.00 0.12% 2016 $12,000,350.00 1.26% 2017 $12,256,000.00 2.13% 2018 $12,561,500.00 2.49% 2019 $12,782,875.00 1.76% 2020 $12,940,583.33 1.23% 2021 $13,548,508.33 4.70% 2022 $14,815,550.00 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 $1,000,000): San Francisco, California : 2.93% average rate, $1,000,000 → $19,078,719.21 , cumulative change of 1,807.87%
: average rate, $1,000,000 → , cumulative change of Seattle, Washington : 2.80% average rate, $1,000,000 → $16,642,101.55 , cumulative change of 1,564.21%
: average rate, $1,000,000 → , cumulative change of New York : 2.71% average rate, $1,000,000 → $15,219,154.93 , cumulative change of 1,421.92%
: average rate, $1,000,000 → , cumulative change of Boston, Massachusetts : 2.69% average rate, $1,000,000 → $15,015,497.37 , cumulative change of 1,401.55%
: average rate, $1,000,000 → , cumulative change of Philadelphia, Pennsylvania : 2.62% average rate, $1,000,000 → $14,028,543.29 , cumulative change of 1,302.85%
: average rate, $1,000,000 → , cumulative change of Chicago, Illinois : 2.59% average rate, $1,000,000 → $13,592,350.97 , cumulative change of 1,259.24%
: average rate, $1,000,000 → , cumulative change of Houston, Texas : 2.57% average rate, $1,000,000 → $13,273,911.15 , cumulative change of 1,227.39%
: average rate, $1,000,000 → , cumulative change of Atlanta, Georgia : 2.54% average rate, $1,000,000 → $12,895,920.85 , cumulative change of 1,189.59%
: average rate, $1,000,000 → , cumulative change of Detroit, Michigan: 2.48% average rate, $1,000,000 → $12,214,513.75 , 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 £1,000,000.00 in 1920 would be equivalent to £49,678,062.25 in 2022, an absolute change of £48,678,062.25 and a cumulative change of 4,867.81%. In Canada, CA$1,000,000.00 in 1920 would be equivalent to CA$13,365,000.73 in 2022, an absolute change of CA$12,365,000.73 and a cumulative change of 1,236.50%. Compare these numbers to the US’s overall absolute change of $13,815,550.00 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 (%) $1,000,000 in 1920 → 2022 Food and beverages 3.96 5,130.03 52,300,328.36 Housing 4.19 6,499.88 65,998,840.45 Apparel 1.07 196.57 2,965,658.10 Transportation 3.42 2,995.29 30,952,922.32 Medical care 4.67 10,408.47 105,084,712.07 Recreation 1.23 248.19 3,481,925.47 Education and communication 1.80 518.57 6,185,741.21 Other goods and services 4.95 13,665.06 137,650,554.48 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 $1,000,000 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 × $1,000,000 = $14,815,550.00 $1,000,000 in 1920 has the same “purchasing power” or “buying power” as $14,815,550.00 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 $1,000,000 in the S&P 500 index in 1920, our investment would be nominally worth approximately $22,003,552,752.93 in 2022. This is a return on investment of 2,200,255.28%, with an absolute return of $22,002,552,752.93 on top of the original $1,000,000. 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 ($20,518,386,643.47) during this period. This means the inflation-adjusted real return of our $1,000,000 investment is $1,484,166,109.45. You may also want to account for capital gains tax, which would take your real return down to around $1,261,541,193 for most people. Investment in S&P 500 Index, 1920-2022 Original Amount Final Amount Change Nominal $1,000,000 $22,003,552,752.93 2,200,255.28% Real
Inflation Adjusted $1,000,000 $1,485,166,109.45 148,416.61% 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: “$1,000,000 in 1920 → 2022 | Inflation Calculator.” Official Inflation Data, Alioth Finance, 13 Jul. 2022, https://www.officialdata.org/us/inflation/1920?amount=1000000.
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.
$10,000 in 1920 → 2022
Value of $10,000 from 1920 to 2022
$10,000 in 1920 is equivalent in purchasing power to about $148,155.50 today, an increase of $138,155.50 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 6.750% 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, $10,000 today will be equivalent in buying power to $10,905.98 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 ($10,000 base) $148,155.50 Price difference ($10,000 base) $138,155.50 CPI in 1920 20.000 CPI in 2022 296.311 Inflation in 1920 15.61% Inflation in 2022 9.06% $10,000 in 1920 $148,155.50 in 2022
USD inflation since 1920 Annual Rate, the Bureau of Labor Statistics CPI Download
Buying power of $10,000 in 1920 This chart shows a calculation of buying power equivalence for $10,000 in 1920 (price index tracking began in 1635). For example, if you started with $10,000, you would need to end with $148,155.50 in order to “adjust” for inflation (sometimes refered to as “beating inflation”). Download When $10,000 is equivalent to $148,155.50 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 $10,000 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 $10,000.00 15.61% 1921 $8,950.00 -10.50% 1922 $8,400.00 -6.15% 1923 $8,550.00 1.79% 1924 $8,550.00 0.00% 1925 $8,750.00 2.34% 1926 $8,850.00 1.14% 1927 $8,700.00 -1.69% 1928 $8,550.00 -1.72% 1929 $8,550.00 0.00% 1930 $8,350.00 -2.34% 1931 $7,600.00 -8.98% 1932 $6,850.00 -9.87% 1933 $6,500.00 -5.11% 1934 $6,700.00 3.08% 1935 $6,850.00 2.24% 1936 $6,950.00 1.46% 1937 $7,200.00 3.60% 1938 $7,050.00 -2.08% 1939 $6,950.00 -1.42% 1940 $7,000.00 0.72% 1941 $7,350.00 5.00% 1942 $8,150.00 10.88% 1943 $8,650.00 6.13% 1944 $8,800.00 1.73% 1945 $9,000.00 2.27% 1946 $9,750.00 8.33% 1947 $11,150.00 14.36% 1948 $12,050.00 8.07% 1949 $11,900.00 -1.24% 1950 $12,050.00 1.26% 1951 $13,000.00 7.88% 1952 $13,250.00 1.92% 1953 $13,350.00 0.75% 1954 $13,450.00 0.75% 1955 $13,400.00 -0.37% 1956 $13,600.00 1.49% 1957 $14,050.00 3.31% 1958 $14,450.00 2.85% 1959 $14,550.00 0.69% 1960 $14,800.00 1.72% 1961 $14,950.00 1.01% 1962 $15,100.00 1.00% 1963 $15,300.00 1.32% 1964 $15,500.00 1.31% 1965 $15,750.00 1.61% 1966 $16,200.00 2.86% 1967 $16,700.00 3.09% 1968 $17,400.00 4.19% 1969 $18,350.00 5.46% 1970 $19,400.00 5.72% 1971 $20,250.00 4.38% 1972 $20,900.00 3.21% 1973 $22,200.00 6.22% 1974 $24,650.00 11.04% 1975 $26,900.00 9.13% 1976 $28,450.00 5.76% 1977 $30,300.00 6.50% 1978 $32,600.00 7.59% 1979 $36,300.00 11.35% 1980 $41,200.00 13.50% 1981 $45,450.00 10.32% 1982 $48,250.00 6.16% 1983 $49,800.00 3.21% 1984 $51,950.00 4.32% 1985 $53,800.00 3.56% 1986 $54,800.00 1.86% 1987 $56,800.00 3.65% 1988 $59,150.00 4.14% 1989 $62,000.00 4.82% 1990 $65,350.00 5.40% 1991 $68,100.00 4.21% 1992 $70,150.00 3.01% 1993 $72,250.00 2.99% 1994 $74,100.00 2.56% 1995 $76,200.00 2.83% 1996 $78,450.00 2.95% 1997 $80,250.00 2.29% 1998 $81,500.00 1.56% 1999 $83,300.00 2.21% 2000 $86,100.00 3.36% 2001 $88,550.00 2.85% 2002 $89,950.00 1.58% 2003 $92,000.00 2.28% 2004 $94,450.00 2.66% 2005 $97,650.00 3.39% 2006 $100,800.00 3.23% 2007 $103,671.00 2.85% 2008 $107,651.50 3.84% 2009 $107,268.50 -0.36% 2010 $109,028.00 1.64% 2011 $112,469.50 3.16% 2012 $114,797.00 2.07% 2013 $116,478.50 1.46% 2014 $118,368.00 1.62% 2015 $118,508.50 0.12% 2016 $120,003.50 1.26% 2017 $122,560.00 2.13% 2018 $125,615.00 2.49% 2019 $127,828.75 1.76% 2020 $129,405.83 1.23% 2021 $135,485.08 4.70% 2022 $148,155.50 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 $10,000): San Francisco, California : 2.93% average rate, $10,000 → $190,787.19 , cumulative change of 1,807.87%
: average rate, $10,000 → , cumulative change of Seattle, Washington : 2.80% average rate, $10,000 → $166,421.02 , cumulative change of 1,564.21%
: average rate, $10,000 → , cumulative change of New York : 2.71% average rate, $10,000 → $152,191.55 , cumulative change of 1,421.92%
: average rate, $10,000 → , cumulative change of Boston, Massachusetts : 2.69% average rate, $10,000 → $150,154.97 , cumulative change of 1,401.55%
: average rate, $10,000 → , cumulative change of Philadelphia, Pennsylvania : 2.62% average rate, $10,000 → $140,285.43 , cumulative change of 1,302.85%
: average rate, $10,000 → , cumulative change of Chicago, Illinois : 2.59% average rate, $10,000 → $135,923.51 , cumulative change of 1,259.24%
: average rate, $10,000 → , cumulative change of Houston, Texas : 2.57% average rate, $10,000 → $132,739.11 , cumulative change of 1,227.39%
: average rate, $10,000 → , cumulative change of Atlanta, Georgia : 2.54% average rate, $10,000 → $128,959.21 , cumulative change of 1,189.59%
: average rate, $10,000 → , cumulative change of Detroit, Michigan: 2.48% average rate, $10,000 → $122,145.14 , 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 £10,000.00 in 1920 would be equivalent to £496,780.62 in 2022, an absolute change of £486,780.62 and a cumulative change of 4,867.81%. In Canada, CA$10,000.00 in 1920 would be equivalent to CA$133,650.01 in 2022, an absolute change of CA$123,650.01 and a cumulative change of 1,236.50%. Compare these numbers to the US’s overall absolute change of $138,155.50 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 (%) $10,000 in 1920 → 2022 Food and beverages 3.96 5,130.03 523,003.28 Housing 4.19 6,499.88 659,988.40 Apparel 1.07 196.57 29,656.58 Transportation 3.42 2,995.29 309,529.22 Medical care 4.67 10,408.47 1,050,847.12 Recreation 1.23 248.19 34,819.25 Education and communication 1.80 518.57 61,857.41 Other goods and services 4.95 13,665.06 1,376,505.54 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 $10,000 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 × $10,000 = $148,155.50 $10,000 in 1920 has the same “purchasing power” or “buying power” as $148,155.50 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 $10,000 in the S&P 500 index in 1920, our investment would be nominally worth approximately $220,035,527.53 in 2022. This is a return on investment of 2,200,255.28%, with an absolute return of $220,025,527.53 on top of the original $10,000. 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 ($205,183,866.43) during this period. This means the inflation-adjusted real return of our $10,000 investment is $14,841,661.09. You may also want to account for capital gains tax, which would take your real return down to around $12,615,412 for most people. Investment in S&P 500 Index, 1920-2022 Original Amount Final Amount Change Nominal $10,000 $220,035,527.53 2,200,255.28% Real
Inflation Adjusted $10,000 $14,851,661.09 148,416.61% 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: “$10,000 in 1920 → 2022 | Inflation Calculator.” Official Inflation Data, Alioth Finance, 13 Jul. 2022, https://www.officialdata.org/us/inflation/1920?amount=10000.
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 1920 to 2022
$1 in 1920 is equivalent in purchasing power to about $14.82 today, an increase of $13.82 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 6.748% 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, $1 today will be equivalent in buying power to $1.09 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 ($1 base) $14.82 Price difference ($1 base) $13.82 CPI in 1920 20.000 CPI in 2022 296.311 Inflation in 1920 15.61% Inflation in 2022 9.06% $1 in 1920 $14.82 in 2022
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 $14.82 in order to “adjust” for inflation (sometimes refered to as “beating inflation”). Download When $1 is equivalent to $14.82 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 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 $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 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 $1): San Francisco, California : 2.93% average rate, $1 → $19.08 , cumulative change of 1,807.87%
: average rate, $1 → , cumulative change of Seattle, Washington : 2.80% average rate, $1 → $16.64 , cumulative change of 1,564.21%
: average rate, $1 → , cumulative change of New York : 2.71% average rate, $1 → $15.22 , cumulative change of 1,421.92%
: average rate, $1 → , cumulative change of Boston, Massachusetts : 2.69% average rate, $1 → $15.02 , cumulative change of 1,401.55%
: average rate, $1 → , cumulative change of Philadelphia, Pennsylvania : 2.62% average rate, $1 → $14.03 , cumulative change of 1,302.85%
: average rate, $1 → , cumulative change of Chicago, Illinois : 2.59% average rate, $1 → $13.59 , cumulative change of 1,259.24%
: average rate, $1 → , cumulative change of Houston, Texas : 2.57% average rate, $1 → $13.27 , cumulative change of 1,227.39%
: average rate, $1 → , cumulative change of Atlanta, Georgia : 2.54% average rate, $1 → $12.90 , cumulative change of 1,189.59%
: average rate, $1 → , cumulative change of Detroit, Michigan: 2.48% average rate, $1 → $12.21 , 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 £1.00 in 1920 would be equivalent to £49.68 in 2022, an absolute change of £48.68 and a cumulative change of 4,867.81%. In Canada, CA$1.00 in 1920 would be equivalent to CA$13.37 in 2022, an absolute change of CA$12.37 and a cumulative change of 1,236.50%. Compare these numbers to the US’s overall absolute change of $13.82 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 (%) $1 in 1920 → 2022 Food and beverages 3.96 5,130.03 52.30 Housing 4.19 6,499.88 66.00 Apparel 1.07 196.57 2.97 Transportation 3.42 2,995.29 30.95 Medical care 4.67 10,408.47 105.08 Recreation 1.23 248.19 3.48 Education and communication 1.80 518.57 6.19 Other goods and services 4.95 13,665.06 137.65 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 $1 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 × $1 = $14.82 $1 in 1920 has the same “purchasing power” or “buying power” as $14.82 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 $1 in the S&P 500 index in 1920, our investment would be nominally worth approximately $22,003.55 in 2022. This is a return on investment of 2,200,255.28%, with an absolute return of $22,002.55 on top of the original $1. 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 ($20,518.39) during this period. This means the inflation-adjusted real return of our $1 investment is $1,484.17. You may also want to account for capital gains tax, which would take your real return down to around $1,262 for most people. Investment in S&P 500 Index, 1920-2022 Original Amount Final Amount Change Nominal $1 $22,003.55 2,200,255.28% Real
Inflation Adjusted $1 $1,485.17 148,416.61% 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: “$1 in 1920 → 2022 | Inflation Calculator.” Official Inflation Data, Alioth Finance, 13 Jul. 2022, https://www.officialdata.org/us/inflation/1920?amount=1.
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.
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