# \$100 in 1917 is worth \$1,500.00 in 2014

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## Value of \$100 from 1917 to 2014

\$100 in 1917 is equivalent in purchasing power to about \$1,500.00 in 2014, an increase of \$1,400.00 over 97 years. The dollar had an average inflation rate of 2.83% per year between 1917 and 2014, producing a cumulative price increase of 1,400.00%.

This means that prices in 2014 are 15.00 times higher than average prices since 1917, according to Statistics Canada consumer price index.

The 1917 inflation rate was 15.28%. The inflation rate in 2014 was 1.47%. The 2014 inflation rate is higher compared to the average inflation rate of 1.42% per year between 2014 and 2021.

 Cumulative price change 1,400.00% Average inflation rate 2.83% Converted amount (\$100 base) \$1,500.00 Price difference (\$100 base) \$1,400.00 CPI in 1917 8.300 CPI in 2014 124.500 Inflation in 1917 15.28% Inflation in 2014 1.47% \$100 in 1917 \$1,500.00 in 2014

## Buying power of \$100 in 1917

This chart shows a calculation of buying power equivalence for \$100 in 1917 (price index tracking began in 1914).

For example, if you started with \$100, you would need to end with \$1,500.00 in order to "adjust" for inflation (sometimes refered to as "beating inflation").

When \$100 is equivalent to \$1,500.00 over time, that means that the "real value" of a single Canadian dollar decreases over time. In other words, a dollar will pay for fewer items at the store.

This effect explains how inflation erodes the value of a dollar over time. By calculating the value in 1917 dollars, the chart below shows how \$100 is worth less over 97 years.

According to Statistics Canada, each of these CAD amounts below is equal in terms of what it could buy at the time:

Dollar inflation: 1917-2014
Year Dollar Value Inflation Rate
1917 \$100.00 15.28%
1918 \$113.25 13.25%
1919 \$122.89 8.51%
1920 \$134.94 9.80%
1921 \$113.25 -16.07%
1922 \$110.84 -2.13%
1923 \$110.84 0.00%
1924 \$109.64 -1.09%
1925 \$112.05 2.20%
1926 \$110.84 -1.08%
1927 \$109.64 -1.09%
1928 \$110.84 1.10%
1929 \$113.25 2.17%
1930 \$106.02 -6.38%
1931 \$95.18 -10.23%
1932 \$87.95 -7.59%
1933 \$85.54 -2.74%
1934 \$86.75 1.41%
1935 \$89.16 2.78%
1936 \$90.36 1.35%
1937 \$93.98 4.00%
1938 \$91.57 -2.56%
1939 \$93.98 2.63%
1940 \$98.80 5.13%
1941 \$104.82 6.10%
1942 \$108.43 3.45%
1943 \$110.84 2.22%
1944 \$108.43 -2.17%
1945 \$110.84 2.22%
1946 \$116.87 5.43%
1947 \$133.73 14.43%
1948 \$145.78 9.01%
1949 \$146.99 0.83%
1950 \$155.42 5.74%
1951 \$172.29 10.85%
1952 \$169.88 -1.40%
1953 \$169.88 0.00%
1954 \$169.88 0.00%
1955 \$171.08 0.71%
1956 \$175.90 2.82%
1957 \$179.52 2.05%
1958 \$184.34 2.68%
1959 \$186.75 1.31%
1960 \$189.16 1.29%
1961 \$189.16 0.00%
1962 \$192.77 1.91%
1963 \$196.39 1.88%
1964 \$200.00 1.84%
1965 \$206.02 3.01%
1966 \$213.25 3.51%
1967 \$221.69 3.95%
1968 \$231.33 4.35%
1969 \$242.17 4.69%
1970 \$244.58 1.00%
1971 \$256.63 4.93%
1972 \$269.88 5.16%
1973 \$295.18 9.38%
1974 \$332.53 12.65%
1975 \$363.86 9.42%
1976 \$384.34 5.63%
1977 \$420.48 9.40%
1978 \$456.63 8.60%
1979 \$501.20 9.76%
1980 \$556.63 11.06%
1981 \$624.10 12.12%
1982 \$681.93 9.27%
1983 \$713.25 4.59%
1984 \$739.76 3.72%
1985 \$772.29 4.40%
1986 \$804.82 4.21%
1987 \$838.55 4.19%
1988 \$871.08 3.88%
1989 \$916.87 5.26%
1990 \$962.65 4.99%
1991 \$998.80 3.75%
1992 \$1,020.48 2.17%
1993 \$1,037.35 1.65%
1994 \$1,039.76 0.23%
1995 \$1,057.83 1.74%
1996 \$1,080.72 2.16%
1997 \$1,089.16 0.78%
1998 \$1,100.00 1.00%
1999 \$1,128.92 2.63%
2000 \$1,165.06 3.20%
2001 \$1,173.49 0.72%
2002 \$1,218.07 3.80%
2003 \$1,243.37 2.08%
2004 \$1,269.88 2.13%
2005 \$1,296.39 2.09%
2006 \$1,318.07 1.67%
2007 \$1,349.40 2.38%
2008 \$1,365.06 1.16%
2009 \$1,383.13 1.32%
2010 \$1,415.66 2.35%
2011 \$1,448.19 2.30%
2012 \$1,460.24 0.83%
2013 \$1,478.31 1.24%
2014 \$1,500.00 1.47%
2015 \$1,524.10 1.61%
2016 \$1,546.99 1.50%
2017 \$1,571.08 1.56%
2018 \$1,575.90 0.31%
2019 \$1,607.23 1.99%
2020 \$1,643.37 2.25%
2021 \$1,655.42 0.73%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.
Click to show 91 more rows

This conversion table shows various other 1917 amounts in 2014 dollars, based on the 1,400.00% change in prices:

Conversion: 1917 dollars in 2014
Initial value Equivalent value
\$1 dollar in 1917 \$15.00 dollars in 2014
\$5 dollars in 1917 \$75.00 dollars in 2014
\$10 dollars in 1917 \$150.00 dollars in 2014
\$50 dollars in 1917 \$750.00 dollars in 2014
\$100 dollars in 1917 \$1,500.00 dollars in 2014
\$500 dollars in 1917 \$7,500.00 dollars in 2014
\$1,000 dollars in 1917 \$15,000.00 dollars in 2014
\$5,000 dollars in 1917 \$75,000.00 dollars in 2014
\$10,000 dollars in 1917 \$150,000.00 dollars in 2014
\$50,000 dollars in 1917 \$750,000.00 dollars in 2014
\$100,000 dollars in 1917 \$1,500,000.00 dollars in 2014
\$500,000 dollars in 1917 \$7,500,000.00 dollars in 2014
\$1,000,000 dollars in 1917 \$15,000,000.00 dollars in 2014

## How to Calculate Inflation Rate for \$100, 1917 to 2014

Our calculations use the following inflation rate formula to calculate the change in value between 1917 and 2014:

CPI in 2014 CPI in 1917
×
=

Then plug in historical CPI values. The Canadian CPI was 8.3 in the year 1917 and 124.5 in 2014:

124.58.3
×
\$100
=
\$1,500.00

\$100 in 1917 has the same "purchasing power" or "buying power" as \$1,500.00 in 2014.

To get the total inflation rate for the 97 years between 1917 and 2014, we use the following formula:

CPI in 2014 - CPI in 1917CPI in 1917
×
100
=
Cumulative inflation rate (97 years)

Plugging in the values to this equation, we get:

124.5 - 8.38.3
×
100
=
1,400%

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

• The Russian "February Revolution" begins alongside protests celebrating Women's Day and St Petersburg riots.
• Tsar Nicholas II abdicates, nominating his brother, Grand Duke Michael, to succeed him.
• President Wilson asks US Congress to declare war against Germany.
• Vladimir Lenin issues the "April Theses" appealing for Soviets to take power during Russian Revolution.
• Leon Trotsky becomes chairman of the Petrograd Soviet after the Bolsheviks gain control.

## Data Source & Citation

Raw data for these calculations comes from the government of Canada's annual Consumer Price Index (CPI), established in 1914 and computed by Statistics Canada (StatCan).

You may use the following MLA citation for this page: “1917 dollars in 2014 | Canada Inflation Calculator.” Official Inflation Data, Alioth Finance, 27 Jul. 2021, https://www.officialdata.org/1917-CAD-in-2014.

Special thanks to QuickChart for their chart image API, which is used for chart downloads.

in2013dollars.com is a reference website maintained by the Official Data Foundation.