$100 in 1918 has the same buying power as about $2,200 in 2026. Prices rose 2,100.3% over 108 years, an average of 2.90% per year, and the dollar lost about 95% of its 1918 purchasing power.
Ledger
$100 of 1918- Cumulative inflation
- 2,100.3%
- Average per year
- 2.90%
- Inflation rate in 1918
- 18.0%
- CPI-U 1918 → 2026
- 15.1 → 332.2
- Multiplier
- ×22.003
On the time scale
1918 to 2026CPI-U annual averages (1982–84 = 100). Calculate a different amount or end year.
1918 in context: World War I
The CPI record starts in 1913, the year the Federal Reserve Act was signed. Prices were nearly flat until the war in Europe raised demand for American goods. After the United States entered the war in April 1917, heavy federal borrowing and a fast-growing money supply pushed annual inflation to 17–18% in 1917 and 1918. Prices almost doubled between 1915 and 1920.
- Inflation in 1918 was 18.0%, the highest annual rate of the 112 full years from 1914 to 2025.
- From 1913 to 1919, inflation averaged 9.75% a year, from a high of 18.0% in 1918 to a low of 1.0% in 1915.
- Prices first reached double their 1918 level in 1962, 44 years later.
Read more: The history of US inflation
1918 dollars in 2026 dollars
| AMOUNT IN 1918 | VALUE IN 2026 |
|---|---|
| $1 | $22.00 |
| $5 | $110.01 |
| $10 | $220.03 |
| $20 | $440.06 |
| $50 | $1,100 |
| $100 | $2,200 |
| $500 | $11,001 |
| $1,000 | $22,003 |
| $10,000 | $220,028 |
| $100,000 | $2,200,285 |
Value of $100 from 1918, year by year
What $100 from 1918 was worth in each later year, with that year's inflation rate.
| YEAR | $100 IN 1918 EQUALS | INFLATION RATE |
|---|---|---|
| 1918 | $100 | 18.0% |
| 1919 | $114.57 | 14.6% |
| 1920 | $132.45 | 15.6% |
| 1921 | $118.54 | -10.5% |
| 1922 | $111.26 | -6.1% |
| 1923 | $113.25 | 1.8% |
| 1924 | $113.25 | 0.0% |
| 1925 | $115.89 | 2.3% |
| 1926 | $117.22 | 1.1% |
| 1927 | $115.23 | -1.7% |
| 1928 | $113.25 | -1.7% |
| 1929 | $113.25 | 0.0% |
| 1930 | $110.60 | -2.3% |
| 1931 | $100.66 | -9.0% |
| 1932 | $90.73 | -9.9% |
| 1933 | $86.09 | -5.1% |
| 1934 | $88.74 | 3.1% |
| 1935 | $90.73 | 2.2% |
| 1936 | $92.05 | 1.5% |
| 1937 | $95.36 | 3.6% |
| 1938 | $93.38 | -2.1% |
| 1939 | $92.05 | -1.4% |
| 1940 | $92.72 | 0.7% |
| 1941 | $97.35 | 5.0% |
| 1942 | $107.95 | 10.9% |
| 1943 | $114.57 | 6.1% |
| 1944 | $116.56 | 1.7% |
| 1945 | $119.21 | 2.3% |
| 1946 | $129.14 | 8.3% |
| 1947 | $147.68 | 14.4% |
| 1948 | $159.60 | 8.1% |
| 1949 | $157.62 | -1.2% |
| 1950 | $159.60 | 1.3% |
| 1951 | $172.19 | 7.9% |
| 1952 | $175.50 | 1.9% |
| 1953 | $176.82 | 0.8% |
| 1954 | $178.15 | 0.7% |
| 1955 | $177.48 | -0.4% |
| 1956 | $180.13 | 1.5% |
| 1957 | $186.09 | 3.3% |
| 1958 | $191.39 | 2.8% |
| 1959 | $192.72 | 0.7% |
| 1960 | $196.03 | 1.7% |
| 1961 | $198.01 | 1.0% |
| 1962 | $200 | 1.0% |
| 1963 | $202.65 | 1.3% |
| 1964 | $205.30 | 1.3% |
| 1965 | $208.61 | 1.6% |
| 1966 | $214.57 | 2.9% |
| 1967 | $221.19 | 3.1% |
| 1968 | $230.46 | 4.2% |
| 1969 | $243.05 | 5.5% |
| 1970 | $256.95 | 5.7% |
| 1971 | $268.21 | 4.4% |
| 1972 | $276.82 | 3.2% |
| 1973 | $294.04 | 6.2% |
| 1974 | $326.49 | 11.0% |
| 1975 | $356.29 | 9.1% |
| 1976 | $376.82 | 5.8% |
| 1977 | $401.32 | 6.5% |
| 1978 | $431.79 | 7.6% |
| 1979 | $480.79 | 11.3% |
| 1980 | $545.70 | 13.5% |
| 1981 | $601.99 | 10.3% |
| 1982 | $639.07 | 6.2% |
| 1983 | $659.60 | 3.2% |
| 1984 | $688.08 | 4.3% |
| 1985 | $712.58 | 3.6% |
| 1986 | $725.83 | 1.9% |
| 1987 | $752.32 | 3.6% |
| 1988 | $783.44 | 4.1% |
| 1989 | $821.19 | 4.8% |
| 1990 | $865.56 | 5.4% |
| 1991 | $901.99 | 4.2% |
| 1992 | $929.14 | 3.0% |
| 1993 | $956.95 | 3.0% |
| 1994 | $981.46 | 2.6% |
| 1995 | $1,009 | 2.8% |
| 1996 | $1,039 | 3.0% |
| 1997 | $1,063 | 2.3% |
| 1998 | $1,079 | 1.6% |
| 1999 | $1,103 | 2.2% |
| 2000 | $1,140 | 3.4% |
| 2001 | $1,173 | 2.8% |
| 2002 | $1,191 | 1.6% |
| 2003 | $1,219 | 2.3% |
| 2004 | $1,251 | 2.7% |
| 2005 | $1,293 | 3.4% |
| 2006 | $1,335 | 3.2% |
| 2007 | $1,373 | 2.8% |
| 2008 | $1,426 | 3.8% |
| 2009 | $1,421 | -0.4% |
| 2010 | $1,444 | 1.6% |
| 2011 | $1,490 | 3.2% |
| 2012 | $1,520 | 2.1% |
| 2013 | $1,543 | 1.5% |
| 2014 | $1,568 | 1.6% |
| 2015 | $1,570 | 0.1% |
| 2016 | $1,589 | 1.3% |
| 2017 | $1,623 | 2.1% |
| 2018 | $1,663 | 2.4% |
| 2019 | $1,693 | 1.8% |
| 2020 | $1,714 | 1.2% |
| 2021 | $1,795 | 4.7% |
| 2022 | $1,938 | 8.0% |
| 2023 | $2,018 | 4.1% |
| 2024 | $2,077 | 2.9% |
| 2025 | $2,132 | 2.6% |
| 2026 | $2,200 | 3.2% |
Questions about 1918 dollars
What is $100 in 1918 worth today?
$100 in 1918 is worth about $2,200 in 2026. The US dollar lost roughly 95% of its 1918 purchasing power, so it takes 22.00 2026 dollars to buy what one dollar bought in 1918. Source: US Bureau of Labor Statistics, CPI-U annual averages (2026: January–September average); CPI 15.1 in 1918 and 332.2 in 2026.
How much has inflation been since 1918?
Cumulative US inflation from 1918 to 2026 is about 2,100.3%, an average of 2.90% per year over 108 years.
What is $1,000 in 1918 worth in 2026?
$1,000 in 1918 has the same buying power as about $22,003 in 2026.
What was the inflation rate in 1918?
The US inflation rate in 1918 was 18.0%, measured as the change in the annual average CPI-U from 1917 (12.8) to 1918 (15.1).
Method: value = amount × (CPI2026 ÷ CPI1918). Figures are national averages for educational use and are not financial advice. The era summary is written with AI assistance; every figure on this page is computed from BLS data. See Understanding the CPI and the history of US inflation.