Inflation & buying power
What is 1928 dollars worth today?
$1 in 1928 has the same buying power as about $19.53 today (May 2026). Cumulative inflation since 1928 is about 1853%, or roughly 3.1% per year over 98 years.
What 1928 money is worth today
| In 1928 | Worth today (May 2026) |
|---|---|
| $10.00 | $195.32 |
| $100.00 | $1,953 |
| $1,000 | $19,532 |
| $10,000 | $195,316 |
| $100,000 | $1,953,159 |
Based on the U.S. Consumer Price Index (CPI-U). A 1928 dollar is worth about $19.53 now.
What this means
A dollar in 1928 — during the Roaring Twenties — stretched a lot further than it does now. To match that same buying power today you'd need about $19.53, because everyday prices have climbed about 1853% in the 98 years since.
Put another way, today's dollar buys what about $0.05 bought in 1928.
The inflation behind the number
- Total inflation since 1928: about 1853%.
- Average annual inflation: about 3.1% per year.
- Time span: 98 years (1928 → 2026).
- Source: CPI-U (CPIAUCNS), U.S. Bureau of Labor Statistics via FRED.
Frequently asked questions
How much is $1 from 1928 worth today?
$1 in 1928 has the same buying power as about $19.53 in May 2026, because prices have risen roughly 1853% since then (an average of about 3.1% a year).
How much has inflation been since 1928?
Cumulative inflation from 1928 to May 2026 is about 1853%. In other words, something that cost $100 in 1928 costs about $1,953 now.
Where does this data come from?
It uses the U.S. Consumer Price Index for All Urban Consumers (CPI-U, series CPIAUCNS) published by the U.S. Bureau of Labor Statistics via FRED, using annual-average CPI for past years and the latest monthly value for today.
Last reviewed June 20, 2026. Figures based on the Consumer Price Index (CPI) from the U.S. Bureau of Labor Statistics. Estimates for general education, not financial advice.