$510 in 1915 → $12,725.06 in 2018

Inflation Calculator

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U.S. Inflation Rate, $510 in 1915 to 2018

According to the Bureau of Labor Statistics consumer price index, prices in 2018 are 2,395.11% higher than prices in 1915. The dollar experienced an average inflation rate of 2.95% per year during this period.

In other words, $510 in 1915 is equivalent in purchasing power to $12,725.06 in 2018, a difference of $12,215.06 over 103 years.

The 1915 inflation rate was 1.00%. The current inflation rate (2017 to 2018) is now 2.95%1. If this number holds, $510 today will be equivalent to $525.04 next year. The current inflation rate page gives more detail on the latest official inflation rates.


Inflation from 1915 to 2018
Cumulative price change 2395.11%
Average inflation rate 2.95%
Converted amount ($510 base) $12,725.06
Price difference ($510 base) $12,215.06
CPI in 1915 10.1
CPI in 2018 252.006
Inflation in 1915 1.00%
Inflation in 2018 2.95%


U.S. Inflation since 1913
Annual Rate, U.S. Bureau of Labor Statistics CPI

Buying power of $510 since 1915

This chart shows calculations of buying power equivalence over time for $510 in 1915 (price index tracking began in 1635).

According to the Bureau of Labor Statistics, each of these USD amounts below is equal in terms of what it could buy at the time:

Year USD Value Inflation Rate
1915 $510.00 1.00%
1916 $550.40 7.92%
1917 $646.34 17.43%
1918 $762.48 17.97%
1919 $873.56 14.57%
1920 $1,009.90 15.61%
1921 $903.86 -10.50%
1922 $848.32 -6.15%
1923 $863.47 1.79%
1924 $863.47 0.00%
1925 $883.66 2.34%
1926 $893.76 1.14%
1927 $878.61 -1.69%
1928 $863.47 -1.72%
1929 $863.47 0.00%
1930 $843.27 -2.34%
1931 $767.52 -8.98%
1932 $691.78 -9.87%
1933 $656.44 -5.11%
1934 $676.63 3.08%
1935 $691.78 2.24%
1936 $701.88 1.46%
1937 $727.13 3.60%
1938 $711.98 -2.08%
1939 $701.88 -1.42%
1940 $706.93 0.72%
1941 $742.28 5.00%
1942 $823.07 10.88%
1943 $873.56 6.13%
1944 $888.71 1.73%
1945 $908.91 2.27%
1946 $984.65 8.33%
1947 $1,126.04 14.36%
1948 $1,216.93 8.07%
1949 $1,201.78 -1.24%
1950 $1,216.93 1.26%
1951 $1,312.87 7.88%
1952 $1,338.12 1.92%
1953 $1,348.22 0.75%
1954 $1,358.32 0.75%
1955 $1,353.27 -0.37%
1956 $1,373.47 1.49%
1957 $1,418.91 3.31%
1958 $1,459.31 2.85%
1959 $1,469.41 0.69%
1960 $1,494.65 1.72%
1961 $1,509.80 1.01%
1962 $1,524.95 1.00%
1963 $1,545.15 1.32%
1964 $1,565.35 1.31%
1965 $1,590.59 1.61%
1966 $1,636.04 2.86%
1967 $1,686.53 3.09%
1968 $1,757.23 4.19%
1969 $1,853.17 5.46%
1970 $1,959.21 5.72%
1971 $2,045.05 4.38%
1972 $2,110.69 3.21%
1973 $2,241.98 6.22%
1974 $2,489.41 11.04%
1975 $2,716.63 9.13%
1976 $2,873.17 5.76%
1977 $3,060.00 6.50%
1978 $3,292.28 7.59%
1979 $3,665.94 11.35%
1980 $4,160.79 13.50%
1981 $4,590.00 10.32%
1982 $4,872.77 6.16%
1983 $5,029.31 3.21%
1984 $5,246.44 4.32%
1985 $5,433.27 3.56%
1986 $5,534.26 1.86%
1987 $5,736.24 3.65%
1988 $5,973.56 4.14%
1989 $6,261.39 4.82%
1990 $6,599.70 5.40%
1991 $6,877.43 4.21%
1992 $7,084.46 3.01%
1993 $7,296.53 2.99%
1994 $7,483.37 2.56%
1995 $7,695.45 2.83%
1996 $7,922.67 2.95%
1997 $8,104.46 2.29%
1998 $8,230.69 1.56%
1999 $8,412.48 2.21%
2000 $8,695.25 3.36%
2001 $8,942.67 2.85%
2002 $9,084.06 1.58%
2003 $9,291.09 2.28%
2004 $9,538.51 2.66%
2005 $9,861.68 3.39%
2006 $10,179.80 3.23%
2007 $10,469.74 2.85%
2008 $10,871.74 3.84%
2009 $10,833.06 -0.36%
2010 $11,010.75 1.64%
2011 $11,358.31 3.16%
2012 $11,593.36 2.07%
2013 $11,763.18 1.46%
2014 $11,954.00 1.62%
2015 $11,968.19 0.12%
2016 $12,119.17 1.26%
2017 $12,377.35 2.13%
2018 $12,725.06 2.81%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.

Inflation by City

Inflation can vary widely by city, even within the United States. Here's how some cities fared in 1915 to 2018 (figures shown are purchasing power equivalents of $510):

  • San Francisco, California: 3.38% average rate, $510 → $15,641.26, cumulative change of 2,966.91%
  • Seattle, Washington: 3.33% average rate, $510 → $14,934.03, cumulative change of 2,828.24%
  • New York: 3.27% average rate, $510 → $14,035.41, cumulative change of 2,652.04%
  • Boston, Massachusetts: 3.22% average rate, $510 → $13,290.10, cumulative change of 2,505.90%
  • Philadelphia, Pennsylvania: 3.16% average rate, $510 → $12,521.74, cumulative change of 2,355.24%
  • Detroit, Michigan: 3.12% average rate, $510 → $12,109.39, cumulative change of 2,274.39%
  • Chicago, Illinois: 3.12% average rate, $510 → $12,090.32, cumulative change of 2,270.65%
  • Houston, Texas: 3.12% average rate, $510 → $12,066.56, cumulative change of 2,265.99%

San Francisco, California experienced the highest rate of inflation during the 103 years between 1915 and 2018 (3.38%).

Houston, Texas experienced the lowest rate of inflation during the 103 years between 1915 and 2018 (3.12%).


Inflation by Country

Inflation can also vary widely by country. For comparison, in the UK £510.00 in 1915 would be equivalent to £50,919.88 in 2018, an absolute change of £50,409.88 and a cumulative change of 9,884.29%.

In Canada, CA$510.00 in 1915 would be equivalent to CA$10,790.95 in 2018, an absolute change of CA$10,280.95 and a cumulative change of 2,015.87%.

Compare these numbers to the US's overall absolute change of $12,215.06 and total percent change of 2,395.11%.


Inflation by Spending Category

CPI is the weighted combination of many categories of spending that are tracked by the government. This chart shows the average rate of inflation for select CPI categories between 1915 and 2018.

Compare these values to the overall average of 2.9495150866471143% per year:

Category Avg Inflation (%) Total Inflation (%) $510 in 1915 → 2018
Food 3.18 2,415.43 12,828.68
Shelter 4.10 6,152.20 31,886.23
Energy 3.88 4,943.89 25,723.83
Apparel 2.06 716.83 4,165.81
New vehicles 1.05 194.41 1,501.50
Used cars and trucks 0.61 87.86 958.08
Transportation services 3.35 2,863.63 15,114.50
Medical care services 5.11 16,804.12 86,211.00
Medical care commodities 4.29 7,458.10 38,546.32

It's important to note that not all categories may be tracked since 1915. This table and visualization use the earliest available data for each category.



How to Calculate Inflation Rate for $510 since 1915

This inflation calculator uses the following inflation rate formula:

CPI in 2018CPI in 1915
×
1915 USD value
=
2018 USD value

Then plug in historical CPI values. The U.S. CPI was 10.1 in the year 1915 and 252.006 in 2018:

252.00610.1
×
$510
=
$12,725.06

$510 in 1915 has the same "purchasing power" or "buying power" as $12,725.06 in 2018.

To get the total inflation rate for the 103 years between 1915 and 2018, we use the following formula:

CPI in 2018 - CPI in 1915CPI in 1915
×
100
=
Cumulative inflation rate (103 years)

Plugging in the values to this equation, we get:

252.006 - 10.110.1
×
100
=
2,395%

News headlines from 1915

Politics and news often influence economic performance. Here's what was happening at the time:

  • French troops force Germans back into the Champagne region, suffering losses of 50,000 men and gaining several hundred yards.
  • Germany uses poison gas for the first time in World War I.
  • Almost 430,000 French, British, and Germans are killed in the Battle of Loos.
  • The one-millionth Model T is produced by Ford Motor Company.

Data Source & Citation

Raw data for these calculations comes from the Bureau of Labor Statistics' (CPI), established in 1913. Inflation data from 1665 to 1912 is sourced from a historical study conducted by political science professor Robert Sahr at Oregon State University.

You may use the following MLA citation for this page: “$510 in 1915 → 2018 | Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 15 Aug. 2018, https://www.officialdata.org/1915-dollars-in-2018?amount=510.

in2013dollars.com is a reference website maintained by the Official Data Foundation.


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