$100 in 2001 is worth $132 in 2013,
because prices increased 31.5% over that period, an average of
2.31% a year.
$100 in 2001 has
the same buying power as
$132
in 2013
Detailed inflation statistics
Cumulative price change
31.5%
Average inflation rate
2.31% per year
Converted amount ($100 base)
$132
Price difference ($100 base)
$31.54
CPI in 2001
177.1
CPI in 2013
232.957
Inflation in 2001
2.85%
Inflation in 2013
1.46%
$100 in 2001 → 2013
$132
$100 in 2013 → 2001
$76.02
What happened to prices between 2001 and 2013
Between 2001 and 2013, the Consumer Price Index went from 177.1 to 232.957.
Cumulatively, prices increased 31.5%, which works out to an average of
2.31% per year. Put differently, a dollar in 2001 bought what
$0.76 buys in 2013: the 2001 dollar
lost 24.0% of its purchasing power over
these 12 years.
Inflation fell to 2.8% in 2001 from 3.4% the year before, as a recession that began in March
cut demand and gasoline slid to an average of $1.46 a gallon. The median household earned about
$42,200, roughly flat from 2000, and a new home cost about $175,200. The Federal Reserve cut its
policy rate 11 times over the year, from 6.5% to 1.75%, the lowest since 1961. After the
September 11 attacks, U.S. stock markets closed for four trading days, and air travel dropped
sharply until the following year. Congress had already passed a $1.35 trillion tax cut in June,
which included rebate checks of up to $600. The National Bureau of Economic Research dates the
recession’s end at November, but unemployment kept rising into 2003. A first-class stamp went to
34 cents in January, and the federal minimum wage stayed at $5.15. The Fed’s cuts were the
first step in a long period of very cheap borrowing that would fuel the housing boom.
Every 2001 amount converts to 2013 at the same ratio, 1.32: $1,000 becomes
$1,315, and $10,000 becomes $13,154.
Amount in 2001
Value in 2013
$1.00
$1.32
$5.00
$6.58
$10.00
$13.15
$20.00
$26.31
$50.00
$65.77
$100
$132
$500
$658
$1,000
$1,315
$5,000
$6,577
$10,000
$13,154
$100,000
$131,540
$1,000,000
$1,315,398
Inflation by spending category, 2001–2013
Between 2001 and 2013, energy rose the most, up 89.0%, while apparel rose the least, up 0.1%, against 31.5% for all items. The headline number is an average; here is what $100 of 2001
spending costs in 2013, by category:
Category
Avg. yearly inflation
$100 in 2001 →
All items (CPI-U)
2.31%
$132
Energy
5.45%
$189
Medical care
3.77%
$156
Transportation
2.90%
$141
Food
2.65%
$137
Education & communication
2.16%
$129
Housing
2.14%
$129
Core (all items less food & energy)
1.92%
$126
Recreation
0.79%
$110
Apparel
0.01%
$100
Decade by decade: 2001 to 2013
Prices climbed fastest in the 2000s, averaging 2.34% a year, and slowest in the 2010s (2.23% a year). Each step below chains into the full 2001–2013 change:
Years
Avg. yearly inflation
Price change
$100 from 2001, at end
2001–2010
2.34%
23.1%
$123
2010–2013
2.23%
6.8%
$132
Year by year: CPI and the value of $100 from 2001
$100 from 2001 had already become $117 by
2007, on its way to $132 in 2013; each row shows the CPI, that
year's inflation rate, and the running value.
Within the span, inflation peaked at 3.8% in 2008, and prices fell 0.4% in 2009, the deepest deflation of the period.
In 2013, prices rose 1.5% and $100 from 2001 had the buying
power of $132; the year's average CPI of 232.957 is the level
behind every 2013 figure on this page.
2013 was a low-inflation year with a lot of noise around the Federal Reserve.
Consumer prices rose 1.5%, below the Fed’s 2% target, and gasoline eased to an
average of $3.51 a gallon. Housing was the exception: the median new home sold
for about $268,900, up sharply from $245,200 in 2012, as the market recovered
from its post-crisis bottom.
The Fed dominated the news. Chairman Ben Bernanke’s May comments about slowing
bond purchases pushed long-term interest rates up by roughly a percentage
point that summer, and mortgages became more expensive within weeks. In
December the Fed finally announced a first small cut to its purchases while
promising to keep short-term rates near zero for a long time.
Washington added its own disruption. A 16-day government shutdown in October
delayed data releases and left a hole in that month’s CPI collection. Median
household income was reported at $53,585, the federal minimum wage stayed at
$7.25, and a first-class stamp cost 46 cents. The decade’s pattern was taking
shape: slow price growth, ultra-low interest rates, and a labor market that
improved gradually.
MLA: “Inflation from 2001 to 2013: $100 is worth $132 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/2001-to-2013/
APA: InflationCalculator.com. Inflation from 2001 to 2013. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/2001-to-2013/