$100 in 2006 is worth $122 in 2017,
because prices increased 21.6% over that period, an average of
1.79% a year.
$100 in 2006 has
the same buying power as
$122
in 2017
Detailed inflation statistics
Cumulative price change
21.6%
Average inflation rate
1.79% per year
Converted amount ($100 base)
$122
Price difference ($100 base)
$21.59
CPI in 2006
201.6
CPI in 2017
245.12
Inflation in 2006
3.23%
Inflation in 2017
2.13%
$100 in 2006 → 2017
$122
$100 in 2017 → 2006
$82.25
What happened to prices between 2006 and 2017
Between 2006 and 2017, the Consumer Price Index went from 201.6 to 245.12.
Cumulatively, prices increased 21.6%, which works out to an average of
1.79% per year. Put differently, a dollar in 2006 bought what
$0.82 buys in 2017: the 2006 dollar
lost 17.8% of its purchasing power over
these 11 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 2017 at the same ratio, 1.22: $1,000 becomes
$1,216, and $10,000 becomes $12,159.
Amount in 2006
Value in 2017
$1.00
$1.22
$5.00
$6.08
$10.00
$12.16
$20.00
$24.32
$50.00
$60.79
$100
$122
$500
$608
$1,000
$1,216
$5,000
$6,079
$10,000
$12,159
$100,000
$121,587
$1,000,000
$1,215,873
Inflation by spending category, 2006–2017
Between 2006 and 2017, medical care rose the most, up 41.4%, while energy rose the least, up 3.9%, against 21.6% for all items. The headline number is an average; here is what $100 of 2006
spending costs in 2017, by category:
Category
Avg. yearly inflation
$100 in 2006 →
All items (CPI-U)
1.79%
$122
Medical care
3.20%
$141
Food
2.28%
$128
Housing
1.95%
$124
Core (all items less food & energy)
1.86%
$122
Education & communication
1.43%
$117
Transportation
0.99%
$111
Recreation
0.60%
$107
Apparel
0.45%
$105
Energy
0.35%
$104
Decade by decade: 2006 to 2017
Prices climbed fastest in the 2000s, averaging 1.98% a year, and slowest in the 2010s (1.69% a year). Each step below chains into the full 2006–2017 change:
Years
Avg. yearly inflation
Price change
$100 from 2006, at end
2006–2010
1.98%
8.2%
$108
2010–2017
1.69%
12.4%
$122
Year by year: CPI and the value of $100 from 2006
$100 from 2006 had already become $112 by
2011, on its way to $122 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 2006 had the buying
power of $122; 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 2006 to 2017: $100 is worth $122 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/2006-to-2017/
APA: InflationCalculator.com. Inflation from 2006 to 2017. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/2006-to-2017/