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What was a dollar worth in the 1920s?

One dollar in the 1920s bought about what $16.07 to $19.23 bought in 2025, depending on the year.

The table compares consumer prices only: what an amount from a will, an inventory, a land sale or a pension from the 1920s would buy in 2025. It does not compare wages, land values or how rich someone was.

Year$1 then, in 2025 dollars$100 then, in 2025 dollars
1920$16.07$1,607
1921$18.05$1,805
1922$19.23$1,923
1923$18.90$1,890
1924$18.79$1,879
1925$18.36$1,836
1926$18.19$1,819
1927$18.53$1,853
1928$18.75$1,875
1929$18.75$1,875

Source: Federal Reserve Bank of Minneapolis, Consumer Price Index 1800 onward (annual averages).

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