According to the Bureau of Labor Statistics, something that cost $100 in 1916 costs about $3,073.21 today. The inflation rate in 1916 was 7.9%, and total inflation from 1916 to August 2026 was 2,973%.
The S&P 500 index started 1916 at 9.33. With dividends reinvested, $100 invested in the S&P 500 in 1916 would have grown to about $5,764,806.73 by 2026, before adjusting for inflation.
Some costs rose much faster than others. Compared with overall inflation, food rose the most since 1916 (1% more than inflation), and electricity rose the least (77% less).
| All prices, on average | $3,073.21 |
| Food | $3,089.10 |
| Rent | $2,098.62 |
| Electricity | $715.95 |
| Clothing | $861.08 |
The Bureau of Labor Statistics began publishing average prices for individual items in 1980. For 1916, these comparisons use the consumer price index for each spending category: each row shows what something that cost $100 in 1916 costs in August 2026, and how that compares with overall inflation of 2,973%.
| Category | $100 in 1916 today | Compared with inflation |
|---|---|---|
| Food | $100 in 1916 today$3,089.10 | Compared with inflation1% more than inflation |
| Category | $100 in 1916 today | Compared with inflation |
|---|---|---|
| Rent | $100 in 1916 today$2,098.62 | Compared with inflation32% less than inflation |
| Electricity | $100 in 1916 today$715.95 | Compared with inflation77% less than inflation |
| Category | $100 in 1916 today | Compared with inflation |
|---|---|---|
| Clothing | $100 in 1916 today$861.08 | Compared with inflation72% less than inflation |
$1 in 1916 has about the same buying power as $30.73 today, according to the Bureau of Labor Statistics consumer price index.
The U.S. inflation rate in 1916 was 7.9%, measured as the change in the consumer price index from 1915 to 1916.
Of the spending categories tracked since 1916, food rose the most relative to overall inflation: something that cost $100 in 1916 costs about $3089.10 today. Electricity rose the least, to about $715.95.
Category comparisons use the Bureau of Labor Statistics consumer price index for each category, from the 1916 annual average to August 2026. Overall inflation uses the same consumer price index as our 1916 inflation calculator. S&P 500 values are from Robert Shiller's historical stock market data.
| All prices, on average | $3,073.21 |
| Food | $3,089.10 |
| Rent | $2,098.62 |
| Electricity | $715.95 |
| Clothing | $861.08 |