$100 in 2001 is worth $165 in 2022,
because prices increased 65.2% over that period, an average of
2.42% a year.
$100 in 2001 has
the same buying power as
$165
in 2022
Detailed inflation statistics
Cumulative price change
65.2%
Average inflation rate
2.42% per year
Converted amount ($100 base)
$165
Price difference ($100 base)
$65.25
CPI in 2001
177.1
CPI in 2022
292.655
Inflation in 2001
2.85%
Inflation in 2022
8.00%
$100 in 2001 → 2022
$165
$100 in 2022 → 2001
$60.51
What happened to prices between 2001 and 2022
Between 2001 and 2022, the Consumer Price Index went from 177.1 to 292.655.
Cumulatively, prices increased 65.2%, which works out to an average of
2.42% per year. Put differently, a dollar in 2001 bought what
$0.61 buys in 2022: the 2001 dollar
lost 39.5% of its purchasing power over
these 21 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 2022 at the same ratio, 1.65: $1,000 becomes
$1,652, and $10,000 becomes $16,525.
Amount in 2001
Value in 2022
$1.00
$1.65
$5.00
$8.26
$10.00
$16.52
$20.00
$33.05
$50.00
$82.62
$100
$165
$500
$826
$1,000
$1,652
$5,000
$8,262
$10,000
$16,525
$100,000
$165,248
$1,000,000
$1,652,484
Inflation by spending category, 2001–2022
Between 2001 and 2022, energy rose the most, up 130.7%, while apparel fell 0.2%, against 65.2% for all items. The headline number is an average; here is what $100 of 2001
spending costs in 2022, by category:
Category
Avg. yearly inflation
$100 in 2001 →
All items (CPI-U)
2.42%
$165
Energy
4.06%
$231
Medical care
3.36%
$200
Food
2.74%
$176
Transportation
2.63%
$173
Housing
2.57%
$171
Core (all items less food & energy)
2.21%
$158
Education & communication
1.50%
$137
Recreation
1.06%
$125
Apparel
-0.01%
$99.83
Decade by decade: 2001 to 2022
Prices climbed fastest in the 2020s, averaging 6.34% a year, and slowest in the 2010s (1.73% a year). Each step below chains into the full 2001–2022 change:
Years
Avg. yearly inflation
Price change
$100 from 2001, at end
2001–2010
2.34%
23.1%
$123
2010–2020
1.73%
18.7%
$146
2020–2022
6.34%
13.1%
$165
Year by year: CPI and the value of $100 from 2001
$100 from 2001 had already become $127 by
2011, on its way to $165 in 2022; each row shows the CPI, that
year's inflation rate, and the running value.
Within the span, inflation peaked at 8.0% in 2022, and prices fell 0.4% in 2009, the deepest deflation of the period.
In 2022, prices rose 8.0% and $100 from 2001 had the buying
power of $165; the year's average CPI of 292.655 is the level
behind every 2022 figure on this page.
2022 was the year inflation returned. Consumer prices rose 8.0% on average,
the worst since 1981, driven by pandemic-era supply chains, stimulus-fueled
demand, and an energy shock from the war in Ukraine. Gas briefly topped $5 a
gallon nationally for the first time ever, and “inflation” became the
top-ranked economic concern in nearly every poll of American households.
MLA: “Inflation from 2001 to 2022: $100 is worth $165 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/2001-to-2022/
APA: InflationCalculator.com. Inflation from 2001 to 2022. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/2001-to-2022/