# $40,923 in 1915 is worth$70,906.19 in 1925

$40,923 in 1915 has the same purchasing power as$70,906.19 in 1925. Over the 10 years this is a change of $29,983.19. The average inflation rate of the dollar between 1915 and 1925 was 5.63% per year. The cumulative price increase of the dollar over this time was 73.27%. ## The value of$40,923 from 1915 to 1925

So what does this data mean? It means that the prices in 1925 are 709.06 higher than the average prices since 1915. A dollar in 1925 can buy 57.71% of what it could buy in 1915.

We can look at the buying power equivalent for $40,923 in 1915 to see how much you would need to adjust for in order to beat inflation. For 1915 to 1925, if you started with$40,923 in 1915, you would need to have $70,906.19 in 1915 to keep up with inflation rates. So if we are saying that$40,923 is equivalent to $70,906.19 over time, you can see the core concept of inflation in action. The "real value" of a single dollar decreases over time. It will pay for fewer items at the store than it did previously. In the chart below you can see how the value of the dollar is worth less over 10 years. ## Value of$40,923 Over Time

In the table below we can see the value of the US Dollar over time. According to the BLS, each of these amounts are equivalent in terms of what that amount could purchase at the time.

Year Dollar Value Inflation Rate
1915 $40,923.00 1.00% 1916$44,164.43 7.92%
1917 $51,862.81 17.43% 1918$61,181.91 17.97%
1919 $70,095.83 14.57% 1920$81,035.64 15.61%
1921 $72,526.90 -10.50% 1922$68,069.94 -6.15%
1923 $69,285.48 1.79% 1924$69,285.48 0.00%