$100 in 2006 is worth $112 in 2011,
because prices increased 11.6% over that period, an average of
2.22% a year.
$100 in 2006 has
the same buying power as
$112
in 2011
Detailed inflation statistics
Cumulative price change
11.6%
Average inflation rate
2.22% per year
Converted amount ($100 base)
$112
Price difference ($100 base)
$11.58
CPI in 2006
201.6
CPI in 2011
224.939
Inflation in 2006
3.23%
Inflation in 2011
3.16%
$100 in 2006 → 2011
$112
$100 in 2011 → 2006
$89.62
What happened to prices between 2006 and 2011
Between 2006 and 2011, the Consumer Price Index went from 201.6 to 224.939.
Cumulatively, prices increased 11.6%, which works out to an average of
2.22% per year. Put differently, a dollar in 2006 bought what
$0.90 buys in 2011: the 2006 dollar
lost 10.4% of its purchasing power over
these 5 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 2011 at the same ratio, 1.12: $1,000 becomes
$1,116, and $10,000 becomes $11,158.
Amount in 2006
Value in 2011
$1.00
$1.12
$5.00
$5.58
$10.00
$11.16
$20.00
$22.32
$50.00
$55.79
$100
$112
$500
$558
$1,000
$1,116
$5,000
$5,579
$10,000
$11,158
$100,000
$111,577
$1,000,000
$1,115,769
Inflation by spending category, 2006–2011
Between 2006 and 2011, energy rose the most, up 23.9%, while apparel rose the least, up 2.2%, against 11.6% for all items. The headline number is an average; here is what $100 of 2006
spending costs in 2011, by category:
Category
Avg. yearly inflation
$100 in 2006 →
All items (CPI-U)
2.22%
$112
Energy
4.37%
$124
Medical care
3.55%
$119
Transportation
3.26%
$117
Food
3.14%
$117
Education & communication
2.39%
$113
Core (all items less food & energy)
1.79%
$109
Housing
1.52%
$108
Recreation
0.44%
$102
Apparel
0.43%
$102
Decade by decade: 2006 to 2011
Prices climbed fastest in the 2010s, averaging 3.16% a year, and slowest in the 2000s (1.98% a year). Each step below chains into the full 2006–2011 change:
Years
Avg. yearly inflation
Price change
$100 from 2006, at end
2006–2010
1.98%
8.2%
$108
2010–2011
3.16%
3.2%
$112
Year by year: CPI and the value of $100 from 2006
$100 from 2006 had already become $107 by
2008, on its way to $112 in 2011; 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 2011, prices rose 3.2% and $100 from 2006 had the buying
power of $112; the year's average CPI of 224.939 is the level
behind every 2011 figure on this page.
2011 brought the fastest inflation of the post-recession recovery. Consumer
prices rose 3.2%, roughly double the 2010 pace, and the cause was mostly at the
pump and the grocery store. Unrest across the Middle East and North Africa,
including the war in Libya, pushed gasoline to an annual average of $3.52 a
gallon, the highest yearly figure recorded to that point. Food prices also
rose faster than the overall index.
Household budgets did not keep up. The median household income was $50,054,
barely above the year before, and the median new home sold for about $227,200.
The federal minimum wage stayed at $7.25 and a first-class stamp at 44 cents.
Policy stayed loose. The Federal Reserve kept its policy rate near zero and
launched Operation Twist in September to lower long-term rates. Washington
spent the summer in a debt-ceiling fight that ended in S&P’s August downgrade
of the U.S. credit rating. The inflation spike proved temporary: the
2011 rate was the high point of the early 2010s, and prices grew more slowly
in every year that followed until 2017.
MLA: “Inflation from 2006 to 2011: $100 is worth $112 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/2006-to-2011/
APA: InflationCalculator.com. Inflation from 2006 to 2011. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/2006-to-2011/