$100 in 1914 is equivalent in purchasing power to about $2,356.87 in 2021, an increase of $2,256.87 over 107 years. The dollar had an average inflation rate of 3.00% per year between 1914 and 2021, producing a cumulative price increase of 2,256.87%.
This means that prices in 2021 are 23.57 times as high as average prices since 1914, according to Statistics Canada consumer price index.
The inflation rate in 1914 was NaN%. The inflation rate in 2021 was 3.40%. The 2021 inflation rate is higher compared to the average inflation rate of 3.39% per year between 2021 and 2025.
Cumulative price change | 2,256.87% |
Average inflation rate | 3.00% |
Converted amount $100 base | $2,356.87 |
Price difference $100 base | $2,256.87 |
CPI in 1914 | 6.008 |
CPI in 2021 | 141.608 |
Inflation in 1914 | 0.00% |
Inflation in 2021 | 3.40% |
$100 in 1914 | $2,356.87 in 2021 |
This chart shows a calculation of buying power equivalence for $100 in 1914 (price index tracking began in 1914).
For example, if you started with $100, you would need to end with $2,356.87 in order to "adjust" for inflation (sometimes refered to as "beating inflation").
When $100 is equivalent to $2,356.87 over time, that means that the "real value" of a single Canadian dollar decreases over time. In other words, a dollar will pay for fewer items at the store.
This effect explains how inflation erodes the value of a dollar over time. By calculating the value in 1914 dollars, the chart below shows how $100 is worth less over 107 years.
According to Statistics Canada, each of these CAD amounts below is equal in terms of what it could buy at the time:
This conversion table shows various other 1914 amounts in 2021 dollars, based on the 2,256.87% change in prices:
Initial value | Equivalent value |
---|---|
$1 dollar in 1914 | $23.57 dollars in 2021 |
$5 dollars in 1914 | $117.84 dollars in 2021 |
$10 dollars in 1914 | $235.69 dollars in 2021 |
$50 dollars in 1914 | $1,178.43 dollars in 2021 |
$100 dollars in 1914 | $2,356.87 dollars in 2021 |
$500 dollars in 1914 | $11,784.33 dollars in 2021 |
$1,000 dollars in 1914 | $23,568.65 dollars in 2021 |
$5,000 dollars in 1914 | $117,843.27 dollars in 2021 |
$10,000 dollars in 1914 | $235,686.55 dollars in 2021 |
$50,000 dollars in 1914 | $1,178,432.73 dollars in 2021 |
$100,000 dollars in 1914 | $2,356,865.46 dollars in 2021 |
$500,000 dollars in 1914 | $11,784,327.32 dollars in 2021 |
$1,000,000 dollars in 1914 | $23,568,654.65 dollars in 2021 |
Our calculations use the following inflation rate formula to calculate the change in value between 1914 and 2021:
Then plug in historical CPI values. The Canadian CPI was 6.008333333 in the year 1914 and 141.60833333333335 in 2021:
$100 in 1914 has the same "purchasing power" or "buying power" as $2,356.87 in 2021.
To get the total inflation rate for the 107 years between 1914 and 2021, we use the following formula:
Plugging in the values to this equation, we get:
Raw data for these calculations comes from the government of Canada's annual Consumer Price Index (CPI), established in 1914 and computed by Statistics Canada (StatCan).
You may use the following MLA citation for this page: “$100 in 1914 → 2021 | Canada Inflation Calculator.” Official Inflation Data, Alioth Finance, 27 Dec. 2024, https://www.officialdata.org/canada/inflation/1914?amount=100&endYear=2021&future_pct=0.03.
Special thanks to QuickChart for their chart image API, which is used for chart downloads.
in2013dollars.com is a reference website maintained by the Official Data Foundation.
Cumulative price change | 2,256.87% |
Average inflation rate | 3.00% |
Converted amount $100 base | $2,356.87 |
Price difference $100 base | $2,256.87 |
CPI in 1914 | 6.008 |
CPI in 2021 | 141.608 |
Inflation in 1914 | 0.00% |
Inflation in 2021 | 3.40% |
$100 in 1914 | $2,356.87 in 2021 |