Value of $1 from 1923 to today
$1 in 1923 is worth
$19.59 in August 2026
Prices are 1,859% higher, an average of 2.93% a year. In other words, $1 today buys what $0.05 bought in 1923.
Inflation in 1923
1.8%
Average CPI in 1923
17.1
CPI in August 2026
335.0
Average inflation, 1920s
-0.1%
1923 dollars in today's money
| In 1923 | In August 2026 |
|---|---|
| $1 | $19.59 |
| $5 | $97.95 |
| $10 | $195.89 |
| $20 | $391.79 |
| $50 | $979.47 |
| $100 | $1,958.95 |
| $500 | $9,794.74 |
| $1,000 | $19,589.47 |
| $5,000 | $97,947.37 |
| $10,000 | $195,895 |
| $20,000 | $391,789 |
| $50,000 | $979,474 |
| $100,000 | $1,958,947 |
| $1 million | $19,589,474 |
Convert another amount
How $1 from 1923 grew
Which prices rose most since 1923
Overall prices rose 1,859% since 1923. Some things rose far more and some far less:
| Category | Change since 1923 | Per year |
|---|---|---|
| Food | +2,175% | 3.1% |
| Rent | +1,252% | 2.6% |
| Electricity | +640% | 2.0% |
| Clothing | +405% | 1.6% |
Year by year since 1923
| Year | $1 from 1923 equals | Inflation that year |
|---|---|---|
| 1923 | $1.00 | 1.8% |
| 1924 | $1.00 | 0.0% |
| 1925 | $1.02 | 2.3% |
| 1926 | $1.04 | 1.1% |
| 1927 | $1.02 | -1.7% |
| 1928 | $1.00 | -1.7% |
| 1929 | $1.00 | 0.0% |
| 1930 | $0.98 | -2.3% |
| 1931 | $0.89 | -9.0% |
| 1932 | $0.80 | -9.9% |
| 1933 | $0.76 | -5.1% |
| 1934 | $0.78 | 3.1% |
| 1935 | $0.80 | 2.2% |
| 1936 | $0.81 | 1.5% |
| 1937 | $0.84 | 3.6% |
| 1938 | $0.82 | -2.1% |
| 1939 | $0.81 | -1.4% |
| 1940 | $0.82 | 0.7% |
| 1941 | $0.86 | 5.0% |
| 1942 | $0.95 | 10.9% |
| 1943 | $1.01 | 6.1% |
| 1944 | $1.03 | 1.7% |
| 1945 | $1.05 | 2.3% |
| 1946 | $1.14 | 8.3% |
| 1947 | $1.30 | 14.4% |
| 1948 | $1.41 | 8.1% |
| 1949 | $1.39 | -1.2% |
| 1950 | $1.41 | 1.3% |
| 1951 | $1.52 | 7.9% |
| 1952 | $1.55 | 1.9% |
| 1953 | $1.56 | 0.8% |
| 1954 | $1.57 | 0.7% |
| 1955 | $1.57 | -0.4% |
| 1956 | $1.59 | 1.5% |
| 1957 | $1.64 | 3.3% |
| 1958 | $1.69 | 2.8% |
| 1959 | $1.70 | 0.7% |
| 1960 | $1.73 | 1.7% |
| 1961 | $1.75 | 1.0% |
| 1962 | $1.77 | 1.0% |
| 1963 | $1.79 | 1.3% |
| 1964 | $1.81 | 1.3% |
| 1965 | $1.84 | 1.6% |
| 1966 | $1.89 | 2.9% |
| 1967 | $1.95 | 3.1% |
| 1968 | $2.04 | 4.2% |
| 1969 | $2.15 | 5.5% |
| 1970 | $2.27 | 5.7% |
| 1971 | $2.37 | 4.4% |
| 1972 | $2.44 | 3.2% |
| 1973 | $2.60 | 6.2% |
| 1974 | $2.88 | 11.0% |
| 1975 | $3.15 | 9.1% |
| 1976 | $3.33 | 5.8% |
| 1977 | $3.54 | 6.5% |
| 1978 | $3.81 | 7.6% |
| 1979 | $4.25 | 11.3% |
| 1980 | $4.82 | 13.5% |
| 1981 | $5.32 | 10.3% |
| 1982 | $5.64 | 6.2% |
| 1983 | $5.82 | 3.2% |
| 1984 | $6.08 | 4.3% |
| 1985 | $6.29 | 3.6% |
| 1986 | $6.41 | 1.9% |
| 1987 | $6.64 | 3.6% |
| 1988 | $6.92 | 4.1% |
| 1989 | $7.25 | 4.8% |
| 1990 | $7.64 | 5.4% |
| 1991 | $7.96 | 4.2% |
| 1992 | $8.20 | 3.0% |
| 1993 | $8.45 | 3.0% |
| 1994 | $8.67 | 2.6% |
| 1995 | $8.91 | 2.8% |
| 1996 | $9.18 | 3.0% |
| 1997 | $9.39 | 2.3% |
| 1998 | $9.53 | 1.6% |
| 1999 | $9.74 | 2.2% |
| 2000 | $10.07 | 3.4% |
| 2001 | $10.36 | 2.8% |
| 2002 | $10.52 | 1.6% |
| 2003 | $10.76 | 2.3% |
| 2004 | $11.05 | 2.7% |
| 2005 | $11.42 | 3.4% |
| 2006 | $11.79 | 3.2% |
| 2007 | $12.13 | 2.8% |
| 2008 | $12.59 | 3.8% |
| 2009 | $12.55 | -0.4% |
| 2010 | $12.75 | 1.6% |
| 2011 | $13.15 | 3.2% |
| 2012 | $13.43 | 2.1% |
| 2013 | $13.62 | 1.5% |
| 2014 | $13.84 | 1.6% |
| 2015 | $13.86 | 0.1% |
| 2016 | $14.04 | 1.3% |
| 2017 | $14.33 | 2.1% |
| 2018 | $14.68 | 2.4% |
| 2019 | $14.95 | 1.8% |
| 2020 | $15.14 | 1.2% |
| 2021 | $15.85 | 4.7% |
| 2022 | $17.11 | 8.0% |
| 2023 | $17.82 | 4.1% |
| 2024 | $18.34 | 2.9% |
| 2025 | $18.83 | 2.6% |
| August 2026 | $19.59 |
Questions
- How much is $1 from 1923 worth today?
- $1 in 1923 has the same buying power as $19.59 in August 2026, based on the Consumer Price Index.
- What was the inflation rate in 1923?
- Prices rose 1.8% in 1923, comparing the average CPI for 1923 with 1922.
- How much have prices gone up since 1923?
- Prices are 1,859% higher than in 1923, an average of 2.93% a year.
- What is $100 from 1923 worth today?
- $1,958.95. $1,000 from 1923 is worth $19,589.47.