$1 in 1922 is worth $19.82 today

A dollar in January 1922 had the same buying power as $19.82 in Aug 2026. Prices have risen 1882% since then. Change the amount or the months below.

US CPI data through Aug 2026, updated monthly. How we calculate
From
To

$1 in Jan 1922 is worth, in Aug 2026

$19.82

Prices rose 1882.1% in total, about 2.90% a year. Cash kept under the mattress since Jan 1922 now buys only 5% of what it used to.

1882.1%Total inflation
2.90%Average per year
5%Buying power left in cash
$0$5$10$15$20Jan 1922Jan 1936Jan 1950Jan 1964Jan 1978Jan 1992Jan 2006Jan 2020Aug 2026
Cost of what $1 bought in Jan 1922

US Consumer Price Index (CPI-U, all items, not seasonally adjusted), Bureau of Labor Statistics. Data through Aug 2026. Oct 2025 was not published and is estimated from the months around it.

What $1 from 1922 is worth now

$19.82Same buying power today
1882%Price rise since 1922
2.9%Average inflation a year
5.0%Buying power left in cash

Prices in the US have risen 1882% since 1922, so it takes $19.82 today to buy what $1 bought then. Put the other way, $1 kept in cash since 1922 now buys only 5.0% of what it did.

That is an average of 2.9% a year over 105 years. Prices actually fell for several years in the early 1930s, during the Great Depression, before rising again.

For contrast, $1 put into the S&P 500 in January 1922, with dividends reinvested, would be worth about $49,652 today, 2505× what inflation alone requires. Cash loses buying power; invested money has historically outgrown it.

$1 from 1922 in later years
YearSame buying power
1922$1.00
1930$1.01
1940$0.82
1950$1.39
1960$1.73
1970$2.24
1980$4.60
1990$7.54
2000$9.99
2010$12.82
2020$15.26
Aug 2026$19.82

CPI in January of each year; the last row uses the latest month.

Other years

Common questions

How much is $1 from 1922 worth today?

About $19.82 in Aug 2026 dollars, based on the US Consumer Price Index (CPI-U) from January 1922.

How much have prices gone up since 1922?

1882% in total, or about 2.9% a year on average.

What would $1 in 1922 buy today?

It buys about 5.0% of what it bought in 1922. You would need $19.82 to buy the same things.

How is this calculated?

Today's value = $1 × (latest CPI ÷ CPI in January 1922). CPI is the Bureau of Labor Statistics measure of the prices US households pay.

Based on the US Consumer Price Index for All Urban Consumers (CPI-U), all items, from the Bureau of Labor Statistics. Individual prices, such as homes, college or healthcare, rose faster or slower than the average.

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