It’s no secret that things like economic inflation and the hefty rise in retail prices have made stretching out a dollar more difficult over the years. My mom used to tell us about how upset her dad got when gas prices went above 25 cents a gallon in our area — while we were paying about $3 for a gallon, and watching that number get higher each day. Of course, the average household income has also grown to match those rising numbers throughout history, but have you ever wondered what it would be like to suddenly step back in time with whatever you have in your bank account and see how far it could last you?
We used the US Department of Labor Bureau of Labor Statistics’ Inflation Calculator to find out the buying power of $100 starting all the way back in 1919 and up to 2009. Just imagine if you were able to walk through some sort of magical door that dropped you back into one of those decades, and you just happened to have a crisp $100 bill in your pocket.
The more recent years might not seem like much of an extra stretch, but wait until you see how much richer you’d feel with that much money to your name 100 years ago.
Take a look to see just how much $100 has been worth over the last century!