U.S. inflation rate in 1915: 1.00%

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U.S. Inflation Rate, 1915-2017 ($1)

The consumer price index (CPI) in 1915 was 10.1. the Bureau of Labor Statistics uses this CPI value to track inflation on a monthly basis.

According to the Bureau of Labor Statistics, the dollar experienced an average inflation rate of 3.17% per year. Prices in 2017 are 2324.0% higher than prices in 1915.

In other words, $1 in the year 1915 is equivalent to $24.24 in 2017, a difference of $23.24 over 102 years.

The current inflation rate in 2017 is 1.99%1. If this number holds, $1 today will be equivalent to $1.02 next year.

Inflation from 1915 to 2017
Cumulative price change 2324.00%
Average inflation rate 3.17%
Price difference ($1 base) $23.24
CPI in 1915 10.1
CPI in 2017 244.786


U.S. inflation from 1913 to 2017


Inflation rates for specific categories

Televisions · Financial services · Fish and seafood · More

Inflation-adjusted measures

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

How to calculate the inflation rate for $1 since 1915

Start with the inflation rate formula:

CPI in 2017 / CPI in 1915 * 1915 USD value = 2017 USD value

Then plug in historical CPI values. The U.S. CPI was 10.1 in the year 1915 and 244.786 in 2017:

244.786 / 10.1 * $1 = $24.24

$1 in 1915 has the same "purchasing power" as $24.24 in 2017.


News headlines from 1915

Politics and news often play an important role in economic performance.

  • 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 WWI.
  • 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: 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.


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