U.S. inflation rate in 1926: 1.14%

Inflation Calculator

$

U.S. Inflation Rate, 1926-2018 ($1)

The consumer price index (CPI) in 1926 was 17.7. the Bureau of Labor Statistics uses this CPI value to track inflation on a monthly basis.

According to the Bureau of Labor Statistics consumer price index, the dollar experienced an average inflation rate of 2.92% per year. Prices in 2018 are 1307.0% higher than prices in 1926.

In other words, $1 in the year 1926 is equivalent in purchasing power to $14.07 in 2018, a difference of $13.07 over 92 years.

The current inflation rate in 2018 is 1.72%1. If this number holds, $1 today will be equivalent to $1.02 next year.

Inflation from 1926 to 2018
Cumulative price change 1307.00%
Average inflation rate 2.92%
Price difference ($1 base) $13.07
CPI in 1926 17.7
CPI in 2018 248.991


U.S. inflation from 1913 to 2017


Inflation rates for specific categories

Legal services · Medical care · Film and photographic supplies · More

Inflation-adjusted measures

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

How to calculate the inflation rate for $1 since 1926

Start with the inflation rate formula:

CPI in 2018 / CPI in 1926 * 1926 USD value = 2018 USD value

Then plug in historical CPI values. The U.S. CPI was 17.7 in the year 1926 and 248.991 in 2018:

248.991 / 17.7 * $1 = $14.07

$1 in 1926 has the same "purchasing power" as $14.07 in 2018.


News headlines from 1926

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

  • Abdulaziz Ibn Saud is declared King of Nejd and Hejaz.
  • In support of striking coal miners, Trade Union Congress calls for a general strike one minute to midnight, known as the British General Strike.
  • Trotsky and his followers are thrown out by the Russian Politburo.
  • Autonomy inside the British Commonwealth is gained after the Imperial Conference.

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: “Inflation Rate in 1926 | Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 18 Apr. 2018, http://www.in2013dollars.com/inflation-rate-in-1926.


» Read more about inflation.