$100 in 1923 is worth $1,958.95 today

$100 in 1923 has the same buying power as

$1,958.95 in August 2026

That is 1,859% more, an average inflation rate of 2.93% a year over 103 years.

Put the other way, $100 today buys what $5.10 bought in 1923. Cash kept under the mattress since 1923 has lost 95% of its value.

$100 from nearby years

$100 inWorth in August 2026Inflation that year
1918$2,218.4118.0%
1919$1,936.3014.6%
1920$1,674.9015.6%
1921$1,871.40-10.5%
1922$1,993.93-6.1%
1923$1,958.951.8%
1924$1,958.950.0%
1925$1,914.172.3%
1926$1,892.541.1%
1927$1,925.17-1.7%
1928$1,958.95-1.7%

How $100 from 1923 grew

$0.00$500$1000$1500$2000194019601980200020202026.625: $1959
$100 from 1923 in each later year's dollars

$100 of 1923 spending, by category

Not everything rose at the same pace. What $100 spent on each of these in 1923 costs today:

CategoryCost in August 2026
Food$2,275.44
Rent$1,352.40
Electricity$739.99
Clothing$504.62

Try a different amount or date

$100.00 in 1923 has the same buying power as

$1,958.95 in August 2026

Prices rose 1,858.9% in total, an average of 2.93% a year.

Questions

How much is $100 in 1923 worth today?
$100 in 1923 is worth $1,958.95 in August 2026 dollars, according to the U.S. Consumer Price Index.
How much would I need today to match $100 in 1923?
You would need $1,958.95 to buy what $100 bought in 1923. That is 19.59 times as much.
How much buying power has $100 lost since 1923?
Kept as cash, $100 from 1923 buys only what $5.10 of 1923 money bought. It has lost 95% of its buying power.
What was inflation in 1923?
Prices rose 1.8% in 1923. Since then the average has been 2.93% a year.

Other amounts from 1923

$100 in other decades

Everything about inflation in 1923