U.S. inflation · 2001–2023
$100 in 2001 has the same buying power as
$172
in 2023
| Cumulative price change | 72.1% |
|---|---|
| Average inflation rate | 2.50% per year |
| Converted amount ($100 base) | $172 |
| Price difference ($100 base) | $72.05 |
| CPI in 2001 | 177.1 |
| CPI in 2023 | 304.702 |
| Inflation in 2001 | 2.85% |
| Inflation in 2023 | 4.12% |
| $100 in 2001 → 2023 | $172 |
| $100 in 2023 → 2001 | $58.12 |
Between 2001 and 2023, the Consumer Price Index went from 177.1 to 304.702. Cumulatively, prices increased 72.1%, which works out to an average of 2.50% per year. Put differently, a dollar in 2001 bought what $0.58 buys in 2023.
| Amount in 2001 | Value in 2023 |
|---|---|
| $1.00 | $1.72 |
| $5.00 | $8.60 |
| $10.00 | $17.21 |
| $20.00 | $34.41 |
| $50.00 | $86.03 |
| $100 | $172 |
| $500 | $860 |
| $1,000 | $1,721 |
| $5,000 | $8,603 |
| $10,000 | $17,205 |
| $100,000 | $172,051 |
| $1,000,000 | $1,720,508 |
The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 2001 spending costs in 2023, by category:
| Category | Avg. yearly inflation | $100 in 2001 → |
|---|---|---|
| All items (CPI-U) | 2.50% | $172 |
| Energy | 3.63% | $219 |
| Medical care | 3.23% | $201 |
| Food | 2.88% | $187 |
| Housing | 2.75% | $182 |
| Transportation | 2.52% | $173 |
| Core (all items less food & energy) | 2.32% | $166 |
| Education & communication | 1.48% | $138 |
| Recreation | 1.19% | $130 |
| Apparel | 0.12% | $103 |
| Year | CPI | Inflation rate | $100 from 2001 |
|---|---|---|---|
| 2001 | 177.1 | 2.8% | $100 |
| 2002 | 179.9 | 1.6% | $102 |
| 2003 | 184 | 2.3% | $104 |
| 2004 | 188.9 | 2.7% | $107 |
| 2005 | 195.3 | 3.4% | $110 |
| 2006 | 201.6 | 3.2% | $114 |
| 2007 | 207.342 | 2.8% | $117 |
| 2008 | 215.303 | 3.8% | $122 |
| 2009 | 214.537 | -0.4% | $121 |
| 2010 | 218.056 | 1.6% | $123 |
| 2011 | 224.939 | 3.2% | $127 |
| 2012 | 229.594 | 2.1% | $130 |
| 2013 | 232.957 | 1.5% | $132 |
| 2014 | 236.736 | 1.6% | $134 |
| 2015 | 237.017 | 0.1% | $134 |
| 2016 | 240.007 | 1.3% | $136 |
| 2017 | 245.12 | 2.1% | $138 |
| 2018 | 251.107 | 2.4% | $142 |
| 2019 | 255.657 | 1.8% | $144 |
| 2020 | 258.811 | 1.2% | $146 |
| 2021 | 270.97 | 4.7% | $153 |
| 2022 | 292.655 | 8.0% | $165 |
| 2023 | 304.702 | 4.1% | $172 |
MLA: “Inflation from 2001 to 2023: $100 is worth $172 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/2001-to-2023/
APA: InflationCalculator.com. Inflation from 2001 to 2023. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/2001-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.