U.S. inflation rate in 1926: 1.14%

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U.S. Inflation Rate, 1926-2017 ($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, the dollar experienced an average inflation rate of 2.93% per year. Prices in 2017 are 1283.0% higher than prices in 1926.

In other words, $1 in the year 1926 is equivalent to $13.83 in 2017, a difference of $12.83 over 91 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 1926 to 2017
Cumulative price change 1283.00%
Average inflation rate 2.93%
Price difference ($1 base) $12.83
CPI in 1926 17.7
CPI in 2017 244.786


U.S. inflation from 1913 to 2017


Inflation rates for specific categories

Baby food · Milk · Medical care · 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 2017 / CPI in 1926 * 1926 USD value = 2017 USD value

Then plug in historical CPI values. The U.S. CPI was 17.7 in the year 1926 and 244.786 in 2017:

244.786 / 17.7 * $1 = $13.83

$1 in 1926 has the same "purchasing power" as $13.83 in 2017.


News headlines from 1926

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

  • 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: 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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