U.S. inflation · 1992–2023
$100 in 1992 has the same buying power as
$217
in 2023
| Cumulative price change | 117.2% |
|---|---|
| Average inflation rate | 2.53% per year |
| Converted amount ($100 base) | $217 |
| Price difference ($100 base) | $117 |
| CPI in 1992 | 140.3 |
| CPI in 2023 | 304.702 |
| Inflation in 1992 | 3.01% |
| Inflation in 2023 | 4.12% |
| $100 in 1992 → 2023 | $217 |
| $100 in 2023 → 1992 | $46.04 |
Between 1992 and 2023, the Consumer Price Index went from 140.3 to 304.702. Cumulatively, prices increased 117.2%, which works out to an average of 2.53% per year. Put differently, a dollar in 1992 bought what $0.46 buys in 2023.
| Amount in 1992 | Value in 2023 |
|---|---|
| $1.00 | $2.17 |
| $5.00 | $10.86 |
| $10.00 | $21.72 |
| $20.00 | $43.44 |
| $50.00 | $109 |
| $100 | $217 |
| $500 | $1,086 |
| $1,000 | $2,172 |
| $5,000 | $10,859 |
| $10,000 | $21,718 |
| $100,000 | $217,179 |
| $1,000,000 | $2,171,789 |
The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 1992 spending costs in 2023, by category:
| Category | Avg. yearly inflation | $100 in 1992 → |
|---|---|---|
| All items (CPI-U) | 2.53% | $217 |
| Medical care | 3.48% | $289 |
| Energy | 3.32% | $275 |
| Food | 2.78% | $234 |
| Housing | 2.76% | $233 |
| Transportation | 2.44% | $211 |
| Core (all items less food & energy) | 2.41% | $209 |
| Apparel | -0.03% | $99.00 |
Not shown because the BLS began these indexes after 1992: recreation (1993–), education & communication (1993–).
| Year | CPI | Inflation rate | $100 from 1992 |
|---|---|---|---|
| 1992 | 140.3 | 3.0% | $100 |
| 1994 | 148.2 | 2.6% | $106 |
| 1996 | 156.9 | 3.0% | $112 |
| 1998 | 163 | 1.6% | $116 |
| 2000 | 172.2 | 3.4% | $123 |
| 2002 | 179.9 | 1.6% | $128 |
| 2004 | 188.9 | 2.7% | $135 |
| 2006 | 201.6 | 3.2% | $144 |
| 2008 | 215.303 | 3.8% | $153 |
| 2010 | 218.056 | 1.6% | $155 |
| 2012 | 229.594 | 2.1% | $164 |
| 2014 | 236.736 | 1.6% | $169 |
| 2016 | 240.007 | 1.3% | $171 |
| 2018 | 251.107 | 2.4% | $179 |
| 2020 | 258.811 | 1.2% | $184 |
| 2022 | 292.655 | 8.0% | $209 |
| 2023 | 304.702 | 4.1% | $217 |
Long periods are sampled every 2 years; the calculator above covers any pair of years.
MLA: “Inflation from 1992 to 2023: $100 is worth $217 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1992-to-2023/
APA: InflationCalculator.com. Inflation from 1992 to 2023. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1992-to-2023/
Source: U.S. Bureau of Labor Statistics, CPI-U annual averages (series CUUR0000SA0; category indexes listed on the data sources page). See how these numbers are calculated.