According to the U.S. Bureau of Labor Statistics, prices for all items are 3,028.36% higher in 2024 versus 1914 (a $605.67 difference in value).
Between 1914 and 2024: All items experienced an average inflation rate of 3.18% per year. This rate of change indicates significant inflation. In other words, all items costing $20 in the year 1914 would cost $625.67 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.18% during this same period, inflation for all items was similar.
In the year 1914: Pricing changed by 1.32%, which is below the average yearly change for all items during the 1914-2024 time period. Compared to inflation for all items in 1914 (1.32%), inflation for all items was similar.
Below are calculations of equivalent buying power for All items, over time, for $20 beginning in 1914. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1914 | $20.00 | 1.32% |
1915 | $20.18 | 0.92% |
1916 | $21.74 | 7.69% |
1917 | $25.61 | 17.81% |
1918 | $30.05 | 17.34% |
1919 | $34.61 | 15.18% |
1920 | $40.02 | 15.62% |
1921 | $35.65 | -10.90% |
1922 | $33.46 | -6.16% |
1923 | $34.06 | 1.79% |
1924 | $34.19 | 0.41% |
1925 | $35.02 | 2.43% |
1926 | $35.35 | 0.92% |
1927 | $34.67 | -1.91% |
1928 | $34.25 | -1.20% |
1929 | $34.25 | 0.00% ** |
1930 | $33.35 | -2.65% |
1931 | $30.37 | -8.94% |
1932 | $27.25 | -10.27% |
1933 | $25.84 | -5.19% |
1934 | $26.73 | 3.45% |
1935 | $27.40 | 2.53% |
1936 | $27.70 | 1.07% |
1937 | $28.73 | 3.72% |
1938 | $28.14 | -2.03% |
1939 | $27.77 | -1.31% |
1940 | $27.97 | 0.72% |
1941 | $29.40 | 5.11% |
1942 | $32.61 | 10.92% |
1943 | $34.56 | 5.98% |
1944 | $35.13 | 1.64% |
1945 | $35.93 | 2.27% |
1946 | $38.97 | 8.47% |
1947 | $44.58 | 14.39% |
1948 | $48.02 | 7.72% |
1949 | $47.54 | -0.99% |
1950 | $48.06 | 1.10% |
1951 | $51.84 | 7.86% |
1952 | $53.01 | 2.25% |
1953 | $53.44 | 0.81% |
1954 | $53.63 | 0.34% |
1955 | $53.47 | -0.29% |
1956 | $54.29 | 1.52% |
1957 | $56.10 | 3.34% |
1958 | $57.63 | 2.74% |
1959 | $58.20 | 0.99% |
1960 | $59.06 | 1.48% |
1961 | $59.69 | 1.07% |
1962 | $60.40 | 1.18% |
1963 | $61.15 | 1.25% |
1964 | $61.94 | 1.28% |
1965 | $62.92 | 1.59% |
1966 | $64.81 | 3.00% |
1967 | $66.62 | 2.80% |
1968 | $69.46 | 4.27% |
1969 | $73.26 | 5.46% |
1970 | $77.53 | 5.83% |
1971 | $80.86 | 4.30% |
1972 | $83.50 | 3.27% |
1973 | $88.66 | 6.18% |
1974 | $98.46 | 11.05% |
1975 | $107.47 | 9.14% |
1976 | $113.64 | 5.75% |
1977 | $121.03 | 6.50% |
1978 | $130.26 | 7.63% |
1979 | $144.93 | 11.26% |
1980 | $164.56 | 13.55% |
1981 | $181.57 | 10.33% |
1982 | $192.70 | 6.13% |
1983 | $198.89 | 3.21% |
1984 | $207.45 | 4.30% |
1985 | $214.81 | 3.55% |
1986 | $218.88 | 1.90% |
1987 | $226.90 | 3.66% |
1988 | $236.16 | 4.08% |
1989 | $247.56 | 4.83% |
1990 | $260.92 | 5.40% |
1991 | $271.97 | 4.23% |
1992 | $280.20 | 3.03% |
1993 | $288.48 | 2.95% |
1994 | $295.99 | 2.60% |
1995 | $304.30 | 2.81% |
1996 | $313.23 | 2.93% |
1997 | $320.54 | 2.33% |
1998 | $325.51 | 1.55% |
1999 | $332.64 | 2.19% |
2000 | $343.87 | 3.38% |
2001 | $353.59 | 2.83% |
2002 | $359.20 | 1.59% |
2003 | $367.36 | 2.27% |
2004 | $377.19 | 2.68% |
2005 | $389.98 | 3.39% |
2006 | $402.57 | 3.23% |
2007 | $414.05 | 2.85% |
2008 | $429.94 | 3.84% |
2009 | $428.41 | -0.36% |
2010 | $435.44 | 1.64% |
2011 | $449.19 | 3.16% |
2012 | $458.48 | 2.07% |
2013 | $465.20 | 1.46% |
2014 | $472.75 | 1.62% |
2015 | $473.31 | 0.12% |
2016 | $479.28 | 1.26% |
2017 | $489.49 | 2.13% |
2018 | $501.44 | 2.44% |
2019 | $510.53 | 1.81% |
2020 | $516.83 | 1.23% |
2021 | $541.11 | 4.70% |
2022 | $584.41 | 8.00% |
2023 | $608.47 | 4.12% |
2024 | $625.67 | 2.83%* |
* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for All items:
Year | 1913 | 1914 | 1915 | 1916 | 1917 | 1918 | 1919 | 1920 | 1921 | 1922 | 1923 | 1924 | 1925 | 1926 | 1927 | 1928 | 1929 | 1930 | 1931 | 1932 | 1933 | 1934 | 1935 | 1936 | 1937 | 1938 | 1939 | 1940 | 1941 | 1942 | 1943 | 1944 | 1945 | 1946 | 1947 | 1948 | 1949 | 1950 | 1951 | 1952 | 1953 | 1954 | 1955 | 1956 | 1957 | 1958 | 1959 | 1960 | 1961 | 1962 | 1963 | 1964 | 1965 | 1966 | 1967 | 1968 | 1969 | 1970 | 1971 | 1972 | 1973 | 1974 | 1975 | 1976 | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
CPI | 9.885 | 10.015 | 10.108 | 10.885 | 12.823 | 15.046 | 17.331 | 20.038 | 17.854 | 16.754 | 17.054 | 17.123 | 17.538 | 17.700 | 17.362 | 17.154 | 17.154 | 16.700 | 15.208 | 13.646 | 12.938 | 13.385 | 13.723 | 13.869 | 14.385 | 14.092 | 13.908 | 14.008 | 14.723 | 16.331 | 17.308 | 17.592 | 17.992 | 19.515 | 22.323 | 24.046 | 23.808 | 24.069 | 25.962 | 26.546 | 26.762 | 26.854 | 26.777 | 27.185 | 28.092 | 28.862 | 29.146 | 29.577 | 29.892 | 30.246 | 30.623 | 31.015 | 31.508 | 32.454 | 33.362 | 34.785 | 36.685 | 38.823 | 40.492 | 41.815 | 44.400 | 49.308 | 53.815 | 56.908 | 60.608 | 65.231 | 72.577 | 82.408 | 90.923 | 96.500 | 99.600 | 103.885 | 107.569 | 109.608 | 113.623 | 118.262 | 123.969 | 130.662 | 136.192 | 140.315 | 144.462 | 148.223 | 152.385 | 156.854 | 160.515 | 163.008 | 166.577 | 172.200 | 177.069 | 179.877 | 183.962 | 188.885 | 195.292 | 201.592 | 207.342 | 215.303 | 214.537 | 218.056 | 224.939 | 229.594 | 232.957 | 236.736 | 237.017 | 240.007 | 245.120 | 251.107 | 255.657 | 258.811 | 270.970 | 292.655 | 304.702 | 313.317 |