# \$1 in 1910 is worth \$0.95 in 1906

\$

## Value of \$1 from 1910 to 1906

\$1 in 1910 is equivalent in purchasing power to about \$0.95 in 1906, an increase of \$-0.05 over 4 years. The dollar had an average inflation rate of 1.36% per year between 1906 and 1910, producing a cumulative price increase of -5.26%.

This means that prices in 1906 are 5.26% lower than average prices since 1910, according to the Bureau of Labor Statistics consumer price index.

The 1906 inflation rate was 2.27%. The inflation rate in 1910 was 4.40%. The 1910 inflation rate is higher compared to the average inflation rate of 3.03% per year between 1910 and 2021.

 Cumulative price change -5.26% Average inflation rate 1.36% Converted amount (\$1 base) \$0.95 Price difference (\$1 base) \$-0.05 CPI in 1910 9.500 CPI in 1906 9.000 Inflation in 1906 2.27% Inflation in 1910 4.40% \$1 in 1910 \$0.95 in 1906

USD Inflation since 1635
Annual Rate, the Bureau of Labor Statistics CPI

## Buying power of \$1 in 1906

This chart shows a calculation of buying power equivalence for \$1 in 1906 (price index tracking began in 1635).

For example, if you started with \$1, you would need to end with \$0.95 in order to "adjust" for inflation (sometimes refered to as "beating inflation").

When \$1 is equivalent to \$0.95 over time, that means that the "real value" of a single U.S. 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 1906 dollars, the chart below shows how \$1 is worth less over 4 years.

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

Dollar inflation: 1906-1910
Year Dollar Value Inflation Rate
1906 \$1.00 2.27%
1907 \$1.04 4.44%
1908 \$1.02 -2.13%
1909 \$1.01 -1.09%
1910 \$1.06 4.40%
1911 \$1.06 0.00%
1912 \$1.08 2.11%
1913 \$1.10 2.06%
1914 \$1.11 1.01%
1915 \$1.12 1.00%
1916 \$1.21 7.92%
1917 \$1.42 17.43%
1918 \$1.68 17.97%
1919 \$1.92 14.57%
1920 \$2.22 15.61%
1921 \$1.99 -10.50%
1922 \$1.87 -6.15%
1923 \$1.90 1.79%
1924 \$1.90 0.00%
1925 \$1.94 2.34%
1926 \$1.97 1.14%
1927 \$1.93 -1.69%
1928 \$1.90 -1.72%
1929 \$1.90 0.00%
1930 \$1.86 -2.34%
1931 \$1.69 -8.98%
1932 \$1.52 -9.87%
1933 \$1.44 -5.11%
1934 \$1.49 3.08%
1935 \$1.52 2.24%
1936 \$1.54 1.46%
1937 \$1.60 3.60%
1938 \$1.57 -2.08%
1939 \$1.54 -1.42%
1940 \$1.56 0.72%
1941 \$1.63 5.00%
1942 \$1.81 10.88%
1943 \$1.92 6.13%
1944 \$1.96 1.73%
1945 \$2.00 2.27%
1946 \$2.17 8.33%
1947 \$2.48 14.36%
1948 \$2.68 8.07%
1949 \$2.64 -1.24%
1950 \$2.68 1.26%
1951 \$2.89 7.88%
1952 \$2.94 1.92%
1953 \$2.97 0.75%
1954 \$2.99 0.75%
1955 \$2.98 -0.37%
1956 \$3.02 1.49%
1957 \$3.12 3.31%
1958 \$3.21 2.85%
1959 \$3.23 0.69%
1960 \$3.29 1.72%
1961 \$3.32 1.01%
1962 \$3.36 1.00%
1963 \$3.40 1.32%
1964 \$3.44 1.31%
1965 \$3.50 1.61%
1966 \$3.60 2.86%
1967 \$3.71 3.09%
1968 \$3.87 4.19%
1969 \$4.08 5.46%
1970 \$4.31 5.72%
1971 \$4.50 4.38%
1972 \$4.64 3.21%
1973 \$4.93 6.22%
1974 \$5.48 11.04%
1975 \$5.98 9.13%
1976 \$6.32 5.76%
1977 \$6.73 6.50%
1978 \$7.24 7.59%
1979 \$8.07 11.35%
1980 \$9.16 13.50%
1981 \$10.10 10.32%
1982 \$10.72 6.16%
1983 \$11.07 3.21%
1984 \$11.54 4.32%
1985 \$11.96 3.56%
1986 \$12.18 1.86%
1987 \$12.62 3.65%
1988 \$13.14 4.14%
1989 \$13.78 4.82%
1990 \$14.52 5.40%
1991 \$15.13 4.21%
1992 \$15.59 3.01%
1993 \$16.06 2.99%
1994 \$16.47 2.56%
1995 \$16.93 2.83%
1996 \$17.43 2.95%
1997 \$17.83 2.29%
1998 \$18.11 1.56%
1999 \$18.51 2.21%
2000 \$19.13 3.36%
2001 \$19.68 2.85%
2002 \$19.99 1.58%
2003 \$20.44 2.28%
2004 \$20.99 2.66%
2005 \$21.70 3.39%
2006 \$22.40 3.23%
2007 \$23.04 2.85%
2008 \$23.92 3.84%
2009 \$23.84 -0.36%
2010 \$24.23 1.64%
2011 \$24.99 3.16%
2012 \$25.51 2.07%
2013 \$25.88 1.46%
2014 \$26.30 1.62%
2015 \$26.34 0.12%
2016 \$26.67 1.26%
2017 \$27.24 2.13%
2018 \$27.91 2.49%
2019 \$28.41 1.76%
2020 \$28.76 1.23%
2021 \$28.94 0.64%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.

This conversion table shows various other 1906 amounts in 1910 dollars, based on the -5.26% change in prices:

Conversion: 1906 dollars in 1910
Initial value Equivalent value
\$1 dollar in 1906 \$1.06 dollars in 1910
\$5 dollars in 1906 \$5.28 dollars in 1910
\$10 dollars in 1906 \$10.56 dollars in 1910
\$50 dollars in 1906 \$52.78 dollars in 1910
\$100 dollars in 1906 \$105.56 dollars in 1910
\$500 dollars in 1906 \$527.78 dollars in 1910
\$1,000 dollars in 1906 \$1,055.56 dollars in 1910
\$5,000 dollars in 1906 \$5,277.78 dollars in 1910
\$10,000 dollars in 1906 \$10,555.56 dollars in 1910
\$50,000 dollars in 1906 \$52,777.78 dollars in 1910
\$100,000 dollars in 1906 \$105,555.56 dollars in 1910
\$500,000 dollars in 1906 \$527,777.78 dollars in 1910
\$1,000,000 dollars in 1906 \$1,055,555.56 dollars in 1910

## Inflation by Country

Inflation can also vary widely by country. For comparison, in the UK £1.00 in 1910 would be equivalent to £0.97 in 1906, an absolute change of £-0.03 and a cumulative change of -3.12%.

Compare these numbers to the US's overall absolute change of \$-0.05 and total percent change of -5.26%.

## Inflation by Spending Category

CPI is the weighted combination of many categories of spending that are tracked by the government. Breaking down these categories helps explain the main drivers behind price changes. This chart shows the average rate of inflation for select CPI categories between 1910 and 1906.

Compare these values to the overall average of 1.36% per year:

Category Avg Inflation (%) Total Inflation (%) \$1 in 1906 → 1910
Food and beverages 0.00 0.00 1.00
Housing 0.00 0.00 1.00
Apparel 0.00 0.00 1.00
Transportation 0.00 0.00 1.00
Medical care 0.00 0.00 1.00
Recreation 0.00 0.00 1.00
Education and communication 0.00 0.00 1.00
Other goods and services 0.00 0.00 1.00

The graph below compares inflation in categories of goods over time. Click on a category such as "Food" to toggle it on or off:

For all these visualizations, it's important to note that not all categories may have been tracked since 1910. This table and charts use the earliest available data for each category.

## How to Calculate Inflation Rate for \$1, 1906 to 1910

Our calculations use the following inflation rate formula to calculate the change in value between 1906 and 1910:

CPI in 1906 CPI in 1910
×
1910 USD value
=
1906 USD value

Then plug in historical CPI values. The U.S. CPI was 9.5 in the year 1910 and 9 in 1906:

99.5
×
\$1
=
\$0.95

\$1 in 1910 has the same "purchasing power" or "buying power" as \$0.95 in 1906.

To get the total inflation rate for the 4 years between 1906 and 1910, we use the following formula:

CPI in 1906 - CPI in 1910CPI in 1910
×
100
=
Cumulative inflation rate (4 years)

Plugging in the values to this equation, we get:

9 - 9.59.5
×
100
=
-5%

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

• Alice Stebbins Wells becomes the first female police officer in the U.S.
• Englishman Claude Grahame-White becomes the first person to attempt powered flight at night.
• Union of South Africa declares independence.
• The Buffalo Bill Dam in Wyoming is completed.

## Data Source & Citation

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: “\$1 in 1910 → 1906 | Inflation Calculator.” Official Inflation Data, Alioth Finance, 24 Jan. 2021, https://www.officialdata.org/us/inflation/1910?amount=1&endYear=1906.

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.