What is $100 from 1923 worth today?
$100 in 1923 has the same buying power as $1,976 in September 2026. Prices are 1,876% higher than in 1923, an average inflation rate of 2.93% a year, according to the Bureau of Labor Statistics' consumer price index.
1923 dollars in today's money
| In 1923 | In September 2026 |
|---|---|
| $1 | $19.76 |
| $5 | $98.81 |
| $10 | $197.62 |
| $20 | $395.24 |
| $50 | $988.09 |
| $100 | $1,976 |
| $1,000 | $19,762 |
| $10,000 | $197,619 |
| $100,000 | $1,976,188 |
Inflation calculator
Based on the annual average consumer price index (CPI-U) for each year; "today" is the latest monthly CPI.
What $100 from 1923 was worth over time
| Year | Value of $100 from 1923 |
|---|---|
| 1925 | $102.89 |
| 1930 | $97.95 |
| 1935 | $80.50 |
| 1940 | $82.16 |
| 1945 | $105.52 |
| 1950 | $141.16 |
| 1955 | $157.04 |
| 1960 | $173.46 |
| 1965 | $184.80 |
| 1970 | $227.71 |
| 1975 | $315.64 |
| 1980 | $483.33 |
| 1985 | $630.89 |
| 1990 | $766.32 |
| 1995 | $893.74 |
| 2000 | $1,010 |
| 2005 | $1,145 |
| 2010 | $1,279 |
| 2015 | $1,390 |
| 2020 | $1,518 |
| September 2026 | $1,976 |
Annual-average CPI of each year.
Frequently asked questions
How much is $100 from 1923 worth today?
$100 in 1923 has the same buying power as $1,976 in September 2026. Prices are 1,876% higher than in 1923, an average inflation rate of 2.93% a year, according to the Bureau of Labor Statistics' consumer price index.
What was the inflation rate in 1923?
Consumer prices rose 1.8% in 1923 on an annual-average basis, and +2.4% from December 1922 to December 1923.
How much would $1 from 1923 be worth now?
$1 in 1923 is worth about $19.76 in September 2026 dollars. Put the other way, a dollar today buys what $0.05 bought in 1923.
How is this calculated?
We divide the latest consumer price index (336.940 for September 2026) by the average index for 1923 (17.050) and multiply by the amount. The index is the CPI for All Urban Consumers (CPI-U), 1982-84 = 100, published by the Bureau of Labor Statistics.
Source: U.S. Bureau of Labor Statistics, CPI-U (1982-84 = 100), via FRED.