$100 in 1920 is worth $1,336.50 today

Value of $100 from 1920 to 2022

$100 in 1920 is equivalent in purchasing power to about $1,336.50 today, an increase of $1,236.50 over 102 years. The dollar had an average inflation rate of 2.57% per year between 1920 and today, producing a cumulative price increase of 1,236.50%.

This means that today's prices are 13.37 times higher than average prices since 1920, according to Statistics Canada consumer price index. A dollar today only buys 7.482% of what it could buy back then.

The inflation rate in 1920 was 16.30%. The current inflation rate compared to last year is now 7.20%. If this number holds, $100 today will be equivalent in buying power to $107.20 next year.


Inflation from 1920 to 2022
Cumulative price change1,236.50%
Average inflation rate2.57%
Converted amount ($100 base)$1,336.50
Price difference ($100 base)$1,236.50
CPI in 192011.358
CPI in 2022151.804
Inflation in 192016.30%
Inflation in 20227.20%
$100 in 1920$1,336.50 in 2022

CAD inflation since 1920
Annual Rate, Statistics Canada CPI
Download

Buying power of $100 in 1920

This chart shows a calculation of buying power equivalence for $100 in 1920 (price index tracking began in 1914).

For example, if you started with $100, you would need to end with $1,336.50 in order to "adjust" for inflation (sometimes refered to as "beating inflation").

When $100 is equivalent to $1,336.50 over time, that means that the "real value" of a single Canadian 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 $100 is worth less over 102 years.

According to Statistics Canada, each of these CAD amounts below is equal in terms of what it could buy at the time:

Dollar inflation: 1920-2022
YearDollar ValueInflation Rate
1920$100.0016.30%
1921$87.89-12.11%
1922$81.00-7.85%
1923$81.000.00%
1924$79.46-1.90%
1925$80.411.20%
1926$81.000.73%
1927$79.82-1.45%
1928$80.410.74%
1929$81.221.00%
1930$80.41-0.99%
1931$72.49-9.85%
1932$65.66-9.41%
1933$62.80-4.36%
1934$63.541.17%
1935$63.830.46%
1936$65.152.07%
1937$67.503.60%
1938$67.870.54%
1939$67.35-0.76%
1940$70.214.25%
1941$74.395.96%
1942$77.844.64%
1943$79.532.17%
1944$80.040.65%
1945$80.560.64%
1946$83.053.10%
1947$90.549.01%
1948$103.4514.26%
1949$107.043.48%
1950$109.902.67%
1951$121.5010.55%
1952$124.652.60%
1953$123.40-1.00%
1954$124.210.65%
1955$124.430.18%
1956$126.121.36%
1957$130.303.32%
1958$133.382.36%
1959$135.001.21%
1960$136.831.36%
1961$138.221.02%
1962$139.691.06%
1963$141.971.63%
1964$144.681.91%
1965$148.062.33%
1966$153.713.82%
1967$159.213.58%
1968$165.664.06%
1969$173.224.56%
1970$179.023.35%
1971$183.862.70%
1972$193.034.99%
1973$207.487.49%
1974$230.3011.00%
1975$254.8810.67%
1976$274.107.54%
1977$295.967.98%
1978$322.528.97%
1979$352.029.14%
1980$387.6710.13%
1981$436.0212.47%
1982$482.9810.77%
1983$511.305.86%
1984$533.314.30%
1985$554.443.96%
1986$577.704.19%
1987$602.864.36%
1988$627.154.03%
1989$658.404.98%
1990$689.884.78%
1991$728.695.63%
1992$739.551.49%
1993$753.341.87%
1994$754.590.17%
1995$770.802.15%
1996$782.911.57%
1997$795.601.62%
1998$803.521.00%
1999$817.461.73%
2000$839.692.72%
2001$860.902.53%
2002$880.342.26%
2003$904.622.76%
2004$921.421.86%
2005$941.822.21%
2006$960.672.00%
2007$981.222.14%
2008$1,004.482.37%
2009$1,007.480.30%
2010$1,025.391.78%
2011$1,055.252.91%
2012$1,071.241.52%
2013$1,081.290.94%
2014$1,101.911.91%
2015$1,114.311.13%
2016$1,130.231.43%
2017$1,148.281.60%
2018$1,174.322.27%
2019$1,197.211.95%
2020$1,205.800.72%
2021$1,246.743.40%
2022$1,336.507.20%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.
Click to show 96 more rows

This conversion table shows various other 1920 amounts in today's dollars, based on the 1,236.50% change in prices:

Conversion: 1920 dollars today
Initial valueEquivalent value
$1 dollar in 1920$13.37 dollars today
$5 dollars in 1920$66.83 dollars today
$10 dollars in 1920$133.65 dollars today
$50 dollars in 1920$668.25 dollars today
$100 dollars in 1920$1,336.50 dollars today
$500 dollars in 1920$6,682.50 dollars today
$1,000 dollars in 1920$13,365.00 dollars today
$5,000 dollars in 1920$66,825.00 dollars today
$10,000 dollars in 1920$133,650.01 dollars today
$50,000 dollars in 1920$668,250.04 dollars today
$100,000 dollars in 1920$1,336,500.07 dollars today
$500,000 dollars in 1920$6,682,500.37 dollars today
$1,000,000 dollars in 1920$13,365,000.73 dollars today

How to calculate inflation rate for $100 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 CAD value
=
Today's value

Then plug in historical CPI values. The Canadian CPI was 11.35833333 in the year 1920 and 151.8041332976 in 2022:

151.804133297611.35833333
×
$100
=
$1,336.50

$100 in 1920 has the same "purchasing power" or "buying power" as $1,336.50 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 1920CPI in 1920
×
100
=
Cumulative inflation rate (102 years)

Plugging in the values to this equation, we get:

151.8041332976 - 11.3583333311.35833333
×
100
=
1,237%

Data source & citation

Raw data for these calculations comes from the government of Canada's annual Consumer Price Index (CPI), established in 1914 and computed by Statistics Canada (StatCan).

You may use the following MLA citation for this page: “$100 in 1920 → 2022 | Canada Inflation Calculator.” Official Inflation Data, Alioth Finance, 27 Sep. 2022, https://www.officialdata.org/canada/inflation/1920?amount=100&endYear=2022.

Special thanks to QuickChart for their chart image API, which is used for chart downloads.


Ian Webster

About the author

Ian Webster is an engineer and data expert based in San Mateo, California. He has worked for Google, NASA, and consulted for governments around the world on data pipelines and data analysis. Disappointed by the lack of clear resources on the impacts of inflation on economic indicators, Ian believes this website serves as a valuable public tool. Ian earned his degree in Computer Science from Dartmouth College.

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Inflation from 1920 to 2022
Cumulative price change1,236.50%
Average inflation rate2.57%
Converted amount ($100 base)$1,336.50
Price difference ($100 base)$1,236.50
CPI in 192011.358
CPI in 2022151.804
Inflation in 192016.30%
Inflation in 20227.20%
$100 in 1920$1,336.50 in 2022