$100 in 2005 is worth $126 in 2017,
because prices increased 25.5% over that period, an average of
1.91% a year.
$100 in 2005 has
the same buying power as
$126
in 2017
Detailed inflation statistics
Cumulative price change
25.5%
Average inflation rate
1.91% per year
Converted amount ($100 base)
$126
Price difference ($100 base)
$25.51
CPI in 2005
195.3
CPI in 2017
245.12
Inflation in 2005
3.39%
Inflation in 2017
2.13%
$100 in 2005 → 2017
$126
$100 in 2017 → 2005
$79.68
What happened to prices between 2005 and 2017
Between 2005 and 2017, the Consumer Price Index went from 195.3 to 245.12.
Cumulatively, prices increased 25.5%, which works out to an average of
1.91% per year. Put differently, a dollar in 2005 bought what
$0.80 buys in 2017: the 2005 dollar
lost 20.3% of its purchasing power over
these 12 years.
Inflation rose to 3.4% in 2005, up from 2.7% in 2004, as gasoline averaged $2.30 a gallon,
compared with $1.88 the year before. Hurricane Katrina made landfall on August 29, and with
Hurricane Rita weeks later it disrupted Gulf Coast refining, pushing the national average
price past $3 in early September. The Federal Reserve raised its policy rate at every meeting,
from 2.25% to 4.25%, to keep energy costs from feeding into other prices. The median household
earned about $46,300, up 4.5% from 2004, but the median new home price rose a further 9%, to
$240,900. In April, Congress passed a bankruptcy law that made it harder to clear debts. A
first-class stamp stayed at 37 cents until January 2006, and the federal minimum wage stayed
at $5.15.
Every 2005 amount converts to 2017 at the same ratio, 1.26: $1,000 becomes
$1,255, and $10,000 becomes $12,551.
Amount in 2005
Value in 2017
$1.00
$1.26
$5.00
$6.28
$10.00
$12.55
$20.00
$25.10
$50.00
$62.75
$100
$126
$500
$628
$1,000
$1,255
$5,000
$6,275
$10,000
$12,551
$100,000
$125,509
$1,000,000
$1,255,095
Inflation by spending category, 2005–2017
Between 2005 and 2017, medical care rose the most, up 47.1%, while apparel rose the least, up 5.1%, against 25.5% for all items. The headline number is an average; here is what $100 of 2005
spending costs in 2017, by category:
Category
Avg. yearly inflation
$100 in 2005 →
All items (CPI-U)
1.91%
$126
Medical care
3.27%
$147
Food
2.28%
$131
Housing
2.10%
$128
Core (all items less food & energy)
1.91%
$126
Education & communication
1.54%
$120
Transportation
1.24%
$116
Energy
1.21%
$115
Recreation
0.67%
$108
Apparel
0.42%
$105
Decade by decade: 2005 to 2017
Prices climbed fastest in the 2000s, averaging 2.23% a year, and slowest in the 2010s (1.69% a year). Each step below chains into the full 2005–2017 change:
Years
Avg. yearly inflation
Price change
$100 from 2005, at end
2005–2010
2.23%
11.7%
$112
2010–2017
1.69%
12.4%
$126
Year by year: CPI and the value of $100 from 2005
$100 from 2005 had already become $115 by
2011, on its way to $126 in 2017; 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 2017, prices rose 2.1% and $100 from 2005 had the buying
power of $126; the year's average CPI of 245.12 is the level
behind every 2017 figure on this page.
2017 pushed consumer prices back above the Federal Reserve’s 2% target. The
CPI rose 2.1%, the first reading over 2% in five years, helped by a rebound
in energy after OPEC’s output cuts and by a storm-related spike at the pump:
Hurricane Harvey shut a large part of Gulf Coast refining in late August.
Gasoline averaged $2.42 a gallon, up from $2.14 in 2016.
Household incomes kept rising. The median household income reached $61,372,
and the median new home sold for about $322,100. The federal minimum wage
stayed at $7.25, its eighth year at that level, and a first-class stamp rose
to 49 cents.
The Fed raised rates three times, to 1.25–1.50%, and in October began
letting its bond holdings shrink. Congress passed the Tax Cuts and Jobs Act
in December, lowering the corporate rate to 21%. Even with unemployment near
4%, core inflation stayed under 2%, a puzzle that shaped Fed debates for the
next two years.
MLA: “Inflation from 2005 to 2017: $100 is worth $126 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/2005-to-2017/
APA: InflationCalculator.com. Inflation from 2005 to 2017. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/2005-to-2017/