Between 2005 and 2024, the Consumer Price Index went from 195.3 to 313.689.
Cumulatively, prices increased 60.6%, which works out to an average of
2.53% per year. Put differently, a dollar in 2005 bought what
$0.62 buys in 2024.
Common amounts: 2005 dollars in 2024
Amount in 2005
Value in 2024
$1.00
$1.61
$5.00
$8.03
$10.00
$16.06
$20.00
$32.12
$50.00
$80.31
$100
$161
$500
$803
$1,000
$1,606
$5,000
$8,031
$10,000
$16,062
$100,000
$160,619
$1,000,000
$1,606,190
Inflation by spending category, 2005–2024
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 2005 spending costs in 2024, by category:
MLA: “Inflation from 2005 to 2024: $100 is worth $161 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/2005-to-2024/
APA: InflationCalculator.com. Inflation from 2005 to 2024. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/2005-to-2024/