Canada · 1920
CAD$1 in 1920 =
CAD$8today
×8.48+747.6% inflation1920 → 2026
Life in 1920
In 1920, Canada's average annual wage was approximately CAD$1,200. This means CAD$1 represented roughly 0 weeks of average earnings — a modest expense. To put this in perspective, a loaf of bread cost approximately CAD$0.11 and typical monthly rent was around CAD$22.
What you could buy
CAD$1 in 1920
Loaf of bread
9×Milk (gallon)
1×Monthly rent
0×Gasoline (gallon)
3×CAD$8 in 2026
Loaf of bread
2×Milk (gallon)
1×Monthly rent
0×Gasoline (gallon)
2×These calculations are estimates based on Canada's Consumer Price Index (CPI) data from Statistics Canada CPI series; Bank of Canada historical data; Dominion Bureau of Statistics (pre-1971). Results may differ from other inflation calculators due to methodology differences. See our Methodology and Sources pages for full details.