# \$5 in 1915 → \$122.71 in 2018

## Inflation Calculator

\$

### U.S. Inflation Rate, 1915-2018 (\$5)

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 2354.2% higher than prices in 1915.

In other words, \$5 in the year 1915 is equivalent in purchasing power to \$122.71 in 2018, a difference of \$117.71 over 103 years.

The current inflation rate in 2018 is 1.26%1. If this number holds, \$5 today will be equivalent to \$5.06 next year.

 Cumulative price change 2354.20% Average inflation rate 3.16% Price difference (\$5 base) \$117.71 CPI in 1915 10.1 CPI in 2018 247.867

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### How to calculate the inflation rate for \$5 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 * \$5 = \$122.71

\$5 in 1915 has the same "purchasing power" as \$122.71 in 2018.