How much is $20 in 1922 worth today?

$20 in 1922 is worth $398.79 in August 2026 dollars, according to the U.S. Consumer Price Index.

How much would I need today to match $20 in 1922?

You would need $398.79 to buy what $20 bought in 1922. That is 19.94 times as much.

Kept as cash, $20 from 1922 buys only what $1.00 of 1922 money bought. It has lost 95% of its buying power.

Prices rose -6.1% in 1922. Since then the average has been 2.92% a year.

$20 in 1922 has the same buying power as

$398.79 in August 2026

That is 1,894% more, an average inflation rate of 2.92% a year over 104 years.

Put the other way, $20 today buys what $1.00 bought in 1922. Cash kept under the mattress since 1922 has lost 95% of its value.

$20 from 1922 in each later year's dollars

Not everything rose at the same pace. What $20 spent on each of these in 1922 costs today:

Amount ($) From year From month To year To month

$20.00 in 1922 has the same buying power as

$398.79 in August 2026

Prices rose 1,893.9% in total, an average of 2.92% a year.

How much is $20 in 1922 worth today?: $20 in 1922 is worth $398.79 in August 2026 dollars, according to the U.S. Consumer Price Index.
How much would I need today to match $20 in 1922?: You would need $398.79 to buy what $20 bought in 1922. That is 19.94 times as much.
How much buying power has $20 lost since 1922?: Kept as cash, $20 from 1922 buys only what $1.00 of 1922 money bought. It has lost 95% of its buying power.
What was inflation in 1922?: Prices rose -6.1% in 1922. Since then the average has been 2.92% a year.