What is $1 from 1922 worth today?
$1 in 1922 is worth $20.06 in September 2026, based on the official Consumer Price Index. Prices have risen 1906% since 1922, an average of 2.92% a year over 104 years. In other words, prices have doubled about 4.3 times, and a dollar today buys 5.0% of what it bought in 1922.
The same ratio applies to any amount: $20 from 1922 is worth $401.12, $100 is worth $2,006 and $1,000 is worth $20,056 in today's dollars.
Inflation in 1922
The CPI-U averaged 16.8 in 1922, down 6.1% from 17.9 in 1921, so prices actually fell (deflation). From December 1921 to December 1922, prices fell 2.3%. Ranked by annual inflation, 1922 is number 109 of the 112 years from 1914 to 2025.
In the 1920s, annual inflation averaged -0.1% a year. The highest rate was 15.6% in 1920 and the lowest -10.5% in 1921.
1922 prices in today's money, and today's prices in 1922 money
If something cost $5 in 1922, the same buying power today is $100.28. Going the other way, $100 in September 2026 would have bought what $4.99 bought in 1922, and a $60,000 salary today has the buying power of a $2,992 salary in 1922.
If your pay in 1922 was, say, $1,000 a month, you would need about $20,056 a month in September 2026 to afford the same basket of goods and services. Remember that this is an average across consumer spending: some prices, such as housing, health care and tuition, have risen faster than the CPI, while others have risen more slowly.
How this 1922 inflation figure is calculated
The calculation divides the latest CPI-U (336.94 for September 2026) by the 1922 annual average (16.8): 336.94 ÷ 16.8 = 20.0560. Multiply any 1922 amount by 20.0560 to convert it to September 2026 dollars. The data is the CPI for All Urban Consumers, U.S. city average, all items, not seasonally adjusted (BLS series CUUR0000SA0), published by the U.S. Bureau of Labor Statistics.
Use the calculator above to pick a specific month in 1922 or a different end date. See also $1 in 1921 and $1 in 1923. All years are on the main US inflation calculator page.