# \$10,000,000 in 1915 → \$245,412,871.29 in 2018

## Inflation Calculator

\$

### U.S. Inflation Rate, 1915-2018 (\$10,000,000)

According to the Bureau of Labor Statistics consumer price index, the dollar experienced an average inflation rate of 3.16% per year. Prices in 2018 are 2354.1% higher than prices in 1915.

In other words, \$10,000,000 in the year 1915 is equivalent in purchasing power to \$245,412,871.29 in 2018, a difference of \$235,412,871.29 over 103 years.

The current inflation rate in 2018 is 1.26%1. If this number holds, \$10,000,000 today will be equivalent to \$10,125,865.04 next year.

 Cumulative price change 2354.13% Average inflation rate 3.16% Price difference (\$10,000,000 base) \$235,412,871.29 CPI in 1915 10.1 CPI in 2018 247.867

#### Inflation rates for specific categories

Dental services · Airline fares · Electricity · More

S&P 500 price · S&P 500 earnings · Shiller P/E

### How to calculate the inflation rate for \$10,000,000 since 1915

CPI in 2018 / CPI 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 247.867 in 2018:

247.867 / 10.1 * \$10,000,000 = \$245,412,871.29

\$10,000,000 in 1915 has the same "purchasing power" as \$245,412,871.29 in 2018.

### 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.

### Inflation Data Source

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: “\$10,000,000 in 1915 → 2018 | Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 21 Feb. 2018, http://www.in2013dollars.com/1915-dollars?amount=10000000.