$100 in 2006 is worth $108 in 2010,
because prices increased 8.2% over that period, an average of
1.98% a year.
$100 in 2006 has
the same buying power as
$108
in 2010
Detailed inflation statistics
Cumulative price change
8.2%
Average inflation rate
1.98% per year
Converted amount ($100 base)
$108
Price difference ($100 base)
$8.16
CPI in 2006
201.6
CPI in 2010
218.056
Inflation in 2006
3.23%
Inflation in 2010
1.64%
$100 in 2006 → 2010
$108
$100 in 2010 → 2006
$92.45
What happened to prices between 2006 and 2010
Between 2006 and 2010, the Consumer Price Index went from 201.6 to 218.056.
Cumulatively, prices increased 8.2%, which works out to an average of
1.98% per year. Put differently, a dollar in 2006 bought what
$0.92 buys in 2010: the 2006 dollar
lost 7.5% of its purchasing power over
these 4 years.
Inflation was 3.2% in 2006 and gasoline averaged $2.59 a gallon, up 29 cents from 2005. The
median household earned about $48,200 and the median new home cost $246,500, a gain of about
2% after a 13% jump in 2004 and 9% in 2005. National home prices, by the S&P/Case-Shiller
index, peaked in mid-2006. Ben Bernanke replaced Alan Greenspan as Federal Reserve chair on
February 1, and on June 29 the Fed raised its policy rate to 5.25%, the last of 17 straight
quarter-point increases. It held there for over a year. A first-class stamp rose to 39 cents in
January, and the federal minimum wage was $5.15 for the ninth full year in a row.
Every 2006 amount converts to 2010 at the same ratio, 1.08: $1,000 becomes
$1,082, and $10,000 becomes $10,816.
Amount in 2006
Value in 2010
$1.00
$1.08
$5.00
$5.41
$10.00
$10.82
$20.00
$21.63
$50.00
$54.08
$100
$108
$500
$541
$1,000
$1,082
$5,000
$5,408
$10,000
$10,816
$100,000
$108,163
$1,000,000
$1,081,627
Inflation by spending category, 2006–2010
Between 2006 and 2010, medical care rose the most, up 15.5%, while apparel rose the least, up 0.0%, against 8.2% for all items. The headline number is an average; here is what $100 of 2006
spending costs in 2010, by category:
Category
Avg. yearly inflation
$100 in 2006 →
All items (CPI-U)
1.98%
$108
Medical care
3.68%
$116
Food
2.99%
$113
Education & communication
2.70%
$111
Core (all items less food & energy)
1.82%
$107
Energy
1.80%
$107
Transportation
1.68%
$107
Housing
1.57%
$106
Recreation
0.54%
$102
Apparel
0.00%
$100
Year by year: CPI and the value of $100 from 2006
$100 from 2006 had already become $107 by
2008, on its way to $108 in 2010; 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 2010, prices rose 1.6% and $100 from 2006 had the buying
power of $108; the year's average CPI of 218.056 is the level
behind every 2010 figure on this page.
2010 was a year of recovery without much price pressure. The CPI rose 1.6%, a
return to growth after 2009’s deflation, with gasoline averaging $2.78 a
gallon as energy prices climbed back from their recession lows. Housing costs
barely moved: millions of foreclosed and vacant homes kept rents soft, and the
median new home sold for about $221,800. The federal minimum wage stayed at
$7.25, the level set in July 2009, and a first-class stamp cost 44 cents.
The Federal Reserve was more worried about too little inflation than too
much. Its policy rate sat at 0–0.25%, and in November it announced a further
$600 billion of Treasury purchases to hold down long-term borrowing costs.
Congress passed the Dodd-Frank Act in July to tighten financial regulation,
while a 110 billion euro rescue of Greece in May showed that the crisis had
moved from American mortgages to European government debt. For anyone
comparing dollars across the decade, 2010 is a useful baseline: prices were
still close to their 2008 levels, and the years ahead brought a slow, steady
climb.
MLA: “Inflation from 2006 to 2010: $100 is worth $108 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/2006-to-2010/
APA: InflationCalculator.com. Inflation from 2006 to 2010. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/2006-to-2010/