When did prices double after 1924?
By March 1968, prices were twice their 1924 average (CPI-U 17.1 → 34.2), 44 years later. They had tripled by November 1974.
What $1 from 1924 is worth today
$1 in 1924 = $19.68 in September 2026
$1 from 1924$19.68in September 2026 dollars
Prices since 1924+1868%CPI 17.1 → 336.9
Average a year2.96%compounded since 1924
Inflation in 19240.0%December to December
Worth in September 2026$1,967.53
Prices changed1867.5%
Average a year2.96%
$100.00 in 1924 buys what $1,967.53 buys in September 2026.$100.00 × CPI 336.940 ÷ CPI 17.125 · a whole year uses its average CPI
BLS CPI-U, U.S. city average, not seasonally adjusted, through September 2026 (3.7% over 12 months). Source
1924 dollars in September 2026 dollars
| In 1924 | In September 2026 |
|---|---|
| $1.00 | $19.68 |
| $5.00 | $98.38 |
| $10.00 | $196.75 |
| $20.00 | $393.51 |
| $50.00 | $983.77 |
| $100.00 | $1,968 |
| $500.00 | $9,838 |
| $1,000 | $19,675 |
| $10,000 | $196,753 |
| $50,000 | $983,766 |
| $100,000 | $1,967,533 |
$100 from 1924, decade by decade
| Year | Worth | Average CPI |
|---|---|---|
| 1934 | $78.15 | 13.4 |
| 1944 | $102.73 | 17.6 |
| 1954 | $156.79 | 26.8 |
| 1964 | $181.12 | 31.0 |
| 1974 | $287.93 | 49.3 |
| 1984 | $606.62 | 103.9 |
| 1994 | $865.55 | 148.2 |
| 2004 | $1,103 | 188.9 |
| 2014 | $1,382 | 236.7 |
| 2024 | $1,832 | 313.7 |
| September 2026 | $1,968 | 336.9 |
1924 in the inflation record
- Prices rose 0.0% in 1924 (December to December), below the 3.3% average of every year since 1914: #100 of 112 from highest to lowest.
- The 1920s averaged -0.9% a year; the decade’s highest was 1925 at 3.5%.
- Prices first stood at twice their 1924 level in March 1968, and three times in November 1974.
- A dollar today buys what 5.1¢ bought in 1924.
CPI-U each month of 1924
| Month | CPI-U |
|---|---|
| January | 17.300 |
| February | 17.200 |
| March | 17.100 |
| April | 17.000 |
| May | 17.000 |
| June | 17.000 |
| July | 17.100 |
| August | 17.000 |
| September | 17.100 |
| October | 17.200 |
| November | 17.200 |
| December | 17.300 |
| Year average | 17.125 |
U.S. Bureau of Labor Statistics, CPI-U, U.S. city average, all items, not seasonally adjusted (1982-84 = 100). Source
Frequently asked questions
How much is $1 from 1924 worth today?
$19.68 in September 2026. Prices have risen 1867.5% since 1924, using the 1924 average CPI-U of 17.125 and the September 2026 CPI-U of 336.940 from the U.S. Bureau of Labor Statistics.
What was the inflation rate in 1924?
Prices rose 0.0% from December 1923 to December 1924 (CPI-U, not seasonally adjusted).
What is the average inflation rate since 1924?
2.96% a year, compounded, from 1924 to September 2026. At that rate prices double about every 24 years.
How much is $100 from 1924 worth today?
$1,968. Multiply any 1924 amount by 19.675 to get today’s money.