According to the Bureau of Labor Statistics, something that cost $100 in 1918 costs about $2,218.41 today. The inflation rate in 1918 was 18.0%, and total inflation from 1918 to August 2026 was 2,118%.
The S&P 500 index started 1918 at 7.21. With dividends reinvested, $100 invested in the S&P 500 in 1918 would have grown to about $6,552,778.97 by 2026, before adjusting for inflation.
| All prices, on average | $2,218.41 |
| Food | $2,085.61 |
| Rent | $2,111.89 |
| Electricity | $749.82 |
| Clothing | $591.21 |
The Bureau of Labor Statistics began publishing average prices for individual items in 1980. For 1918, these comparisons use the consumer price index for each spending category: each row shows what something that cost $100 in 1918 costs in August 2026, and how that compares with overall inflation of 2,118%.
| Category | $100 in 1918 today | Compared with inflation |
|---|---|---|
| Food | $100 in 1918 today$2,085.61 | Compared with inflation6% less than inflation |
| Category | $100 in 1918 today | Compared with inflation |
|---|---|---|
| Rent | $100 in 1918 today$2,111.89 | Compared with inflation5% less than inflation |
| Electricity | $100 in 1918 today$749.82 | Compared with inflation66% less than inflation |
| Category | $100 in 1918 today | Compared with inflation |
|---|---|---|
| Clothing | $100 in 1918 today$591.21 | Compared with inflation73% less than inflation |
$1 in 1918 has about the same buying power as $22.18 today, according to the Bureau of Labor Statistics consumer price index.
The U.S. inflation rate in 1918 was 18.0%, measured as the change in the consumer price index from 1917 to 1918.
Category comparisons use the Bureau of Labor Statistics consumer price index for each category, from the 1918 annual average to August 2026. Overall inflation uses the same consumer price index as our 1918 inflation calculator. S&P 500 values are from Robert Shiller's historical stock market data.
| All prices, on average | $2,218.41 |
| Food | $2,085.61 |
| Rent | $2,111.89 |
| Electricity | $749.82 |
| Clothing | $591.21 |