$100 in 2006 is worth $117 in 2014,
because prices increased 17.4% over that period, an average of
2.03% a year.
$100 in 2006 has
the same buying power as
$117
in 2014
Detailed inflation statistics
Cumulative price change
17.4%
Average inflation rate
2.03% per year
Converted amount ($100 base)
$117
Price difference ($100 base)
$17.43
CPI in 2006
201.6
CPI in 2014
236.736
Inflation in 2006
3.23%
Inflation in 2014
1.62%
$100 in 2006 → 2014
$117
$100 in 2014 → 2006
$85.16
What happened to prices between 2006 and 2014
Between 2006 and 2014, the Consumer Price Index went from 201.6 to 236.736.
Cumulatively, prices increased 17.4%, which works out to an average of
2.03% per year. Put differently, a dollar in 2006 bought what
$0.85 buys in 2014: the 2006 dollar
lost 14.8% of its purchasing power over
these 8 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 2014 at the same ratio, 1.17: $1,000 becomes
$1,174, and $10,000 becomes $11,743.
Amount in 2006
Value in 2014
$1.00
$1.17
$5.00
$5.87
$10.00
$11.74
$20.00
$23.49
$50.00
$58.71
$100
$117
$500
$587
$1,000
$1,174
$5,000
$5,871
$10,000
$11,743
$100,000
$117,429
$1,000,000
$1,174,286
Inflation by spending category, 2006–2014
Between 2006 and 2014, medical care rose the most, up 29.5%, while recreation rose the least, up 4.2%, against 17.4% for all items. The headline number is an average; here is what $100 of 2006
spending costs in 2014, by category:
Category
Avg. yearly inflation
$100 in 2006 →
All items (CPI-U)
2.03%
$117
Medical care
3.28%
$129
Food
2.76%
$124
Energy
2.70%
$124
Transportation
2.24%
$119
Education & communication
2.06%
$118
Core (all items less food & energy)
1.82%
$116
Housing
1.74%
$115
Apparel
0.81%
$107
Recreation
0.51%
$104
Decade by decade: 2006 to 2014
Prices climbed fastest in the 2010s, averaging 2.08% a year, and slowest in the 2000s (1.98% a year). Each step below chains into the full 2006–2014 change:
Years
Avg. yearly inflation
Price change
$100 from 2006, at end
2006–2010
1.98%
8.2%
$108
2010–2014
2.08%
8.6%
$117
Year by year: CPI and the value of $100 from 2006
$100 from 2006 had already become $108 by
2010, on its way to $117 in 2014; 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 2014, prices rose 1.6% and $100 from 2006 had the buying
power of $117; the year's average CPI of 236.736 is the level
behind every 2014 figure on this page.
2014 ended with the sharpest oil price drop in years. Consumer prices rose
1.6% for the year, close to 2013’s pace, but the annual figure hid a shift at
the pump: crude oil fell from above $100 a barrel in June to below $60 in
December, and gasoline finished the year near $2.25 a gallon after averaging
$3.37 across 2014. The drop reflected record U.S. shale output, softer
global demand, and OPEC’s decision in November to keep producing.
For households, cheaper fuel arrived just as the labor market strengthened.
Median household income was $53,657, essentially flat on the prior year, and
the median new home sold for about $288,500. The federal minimum wage stayed
at $7.25 for a fifth year, and a first-class stamp rose to 49 cents.
The Federal Reserve ended its bond purchases in October but left its policy
rate at zero. A stronger dollar helped hold down import prices. Because
energy weighs heavily in the CPI, the late-year slide carried into 2015, which
posted the smallest annual increase of the decade.
MLA: “Inflation from 2006 to 2014: $100 is worth $117 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/2006-to-2014/
APA: InflationCalculator.com. Inflation from 2006 to 2014. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/2006-to-2014/