# U.S. inflation rate in 1919: 14.57%

## Inflation Calculator

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### Inflation since 1919 and its effect on dollar value

The consumer price index (CPI) in 1919 was 17.3. It was 15.1 in the previous year. This change in CPI is used by the Bureau of Labor Statistics to calculate inflation.

According to the Bureau of Labor Statistics consumer price index, the dollar experienced an average inflation rate of 2.74% per year. Prices in 2018 are 1354.3% higher than prices in 1919.

In other words, \$100 in 1919 is equivalent in purchasing power to \$1,454.28 in 2018, a difference of \$1,354.28 over 99 years.

The current inflation rate is now 2.80%1. If this number holds, \$100 today will be equivalent to \$102.80 next year. The current inflation rate page gives more detail on the latest official inflation rates.

 Cumulative price change 1354.28% Average inflation rate 2.74% Converted amount (\$100 base) \$1,454.28 Price difference (\$100 base) \$1,354.28 CPI in 1919 17.3 CPI in 2018 251.59

#### Inflation rates for specific categories

Frankfurters · Medical care · Indoor plants and flowers · More

S&P 500 price · S&P 500 earnings · Shiller P/E

### How to calculate the inflation rate for \$100 since 1919

This inflation calculator uses the following inflation rate formula:

CPI in 2018 / CPI in 1919 * 1919 USD value = 2018 USD value

Then plug in historical CPI values. The U.S. CPI was 17.3 in the year 1919 and 251.59 in 2018:

251.59 / 17.3 * \$100 = \$1,454.28

\$100 in 1919 has the same "purchasing power" or "buying power" as \$1,454.28 in 2018.

Here are calculations of buying power over time for \$100 in 1919 (price index tracking began in 1913). Each of these USD amounts below is equivalent in terms of what it could buy at the time:
Year USD Value Inflation Rate
1919 \$100.00 14.57%
1920 \$115.61 15.61%
1921 \$103.47 -10.50%
1922 \$97.11 -6.15%
1923 \$98.84 1.79%
1924 \$98.84 0.00%
1925 \$101.16 2.34%
1926 \$102.31 1.14%
1927 \$100.58 -1.69%
1928 \$98.84 -1.72%
1929 \$98.84 0.00%
1930 \$96.53 -2.34%
1931 \$87.86 -8.98%
1932 \$79.19 -9.87%
1933 \$75.14 -5.11%
1934 \$77.46 3.08%
1935 \$79.19 2.24%
1936 \$80.35 1.46%
1937 \$83.24 3.60%
1938 \$81.50 -2.08%
1939 \$80.35 -1.42%
1940 \$80.92 0.72%
1941 \$84.97 5.00%
1942 \$94.22 10.88%
1943 \$100.00 6.13%
1944 \$101.73 1.73%
1945 \$104.05 2.27%
1946 \$112.72 8.33%
1947 \$128.90 14.36%
1948 \$139.31 8.07%
1949 \$137.57 -1.24%
1950 \$139.31 1.26%
1951 \$150.29 7.88%
1952 \$153.18 1.92%
1953 \$154.34 0.75%
1954 \$155.49 0.75%
1955 \$154.91 -0.37%
1956 \$157.23 1.49%
1957 \$162.43 3.31%
1958 \$167.05 2.85%
1959 \$168.21 0.69%
1960 \$171.10 1.72%
1961 \$172.83 1.01%
1962 \$174.57 1.00%
1963 \$176.88 1.32%
1964 \$179.19 1.31%
1965 \$182.08 1.61%
1966 \$187.28 2.86%
1967 \$193.06 3.09%
1968 \$201.16 4.19%
1969 \$212.14 5.46%
1970 \$224.28 5.72%
1971 \$234.10 4.38%
1972 \$241.62 3.21%
1973 \$256.65 6.22%
1974 \$284.97 11.04%
1975 \$310.98 9.13%
1976 \$328.90 5.76%
1977 \$350.29 6.50%
1978 \$376.88 7.59%
1979 \$419.65 11.35%
1980 \$476.30 13.50%
1981 \$525.43 10.32%
1982 \$557.80 6.16%
1983 \$575.72 3.21%
1984 \$600.58 4.32%
1985 \$621.97 3.56%
1986 \$633.53 1.86%
1987 \$656.65 3.65%
1988 \$683.82 4.14%
1989 \$716.76 4.82%
1990 \$755.49 5.40%
1991 \$787.28 4.21%
1992 \$810.98 3.01%
1993 \$835.26 2.99%
1994 \$856.65 2.56%
1995 \$880.92 2.83%
1996 \$906.94 2.95%
1997 \$927.75 2.29%
1998 \$942.20 1.56%
1999 \$963.01 2.21%
2000 \$995.38 3.36%
2001 \$1,023.70 2.85%
2002 \$1,039.88 1.58%
2003 \$1,063.58 2.28%
2004 \$1,091.91 2.66%
2005 \$1,128.90 3.39%
2006 \$1,165.32 3.23%
2007 \$1,198.51 2.85%
2008 \$1,244.53 3.84%
2009 \$1,240.10 -0.36%
2010 \$1,260.44 1.64%
2011 \$1,300.23 3.16%
2012 \$1,327.13 2.07%
2013 \$1,346.57 1.46%
2014 \$1,368.42 1.62%
2015 \$1,370.04 0.12%
2016 \$1,387.32 1.26%
2017 \$1,414.95 1.99%
2018 \$1,454.28 2.78%*
* Not final. See inflation summary for latest details.