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What $100 was worth in the decade you were born

Published by Business Insider on Wed, 16 Nov 2016


American women won the right to vote in 1920, a few months in advance of the national election that anointed Warren G. Harding president of the United States.A lot has changed in the 95-plus years since then, including what a Benjamin, or $100 bill, can buy.To illustrate how much the value of $100 has changed over the years, GOBankingRates used the Bureau of Labor Statistics CPI Inflation Calculator to determine what a $100 bill could buy in todays world as its purchasing power changed over the decades.Starting in 1920,see what $100 was worth the decade you were born.SEE ALSO:30 everyday habits that can help you build wealth1920Value of $100 in 1920: $1,196.30What you can buy in 2016: 511 gallons of gasIn 1920, a $100 bill would be worth the equivalent of $1,196.30, and you could buy 511 gallons of gas at modern prices. The national average price for a gallon of gas on June 3 was $2.34, according to AAA.Read: 10 Things You Never Knew About the $100 Bill1925Value of $100 in 1925: $1,367.21What you can buy in 2016: 18 pairs of NikesThese days, a mid-range pair of Nike running shoes cost consumers around $74.60, according to Numbeo. The inflation-adjusted equivalent of $100 in 1925 would allow consumers to purchase 18 pairs and take home some pocket change.1930Value of $100 in 1930: $1,432.70What you can buy in 2016: 33 pairs of jeansThese days, a single pair of Levis 501s, or a comparable pair of jeans, will set buyers back about $42.38, according to Numbeo. That means you could purchase 33 pairs and have $37.46almost enough for another pairto put in one of your many pockets.See the rest of the story at Business Insider
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