$100 in 2007 is worth $105 in 2010,
because prices increased 5.2% over that period, an average of
1.69% a year.
$100 in 2007 has
the same buying power as
$105
in 2010
Detailed inflation statistics
Cumulative price change
5.2%
Average inflation rate
1.69% per year
Converted amount ($100 base)
$105
Price difference ($100 base)
$5.17
CPI in 2007
207.342
CPI in 2010
218.056
Inflation in 2007
2.85%
Inflation in 2010
1.64%
$100 in 2007 → 2010
$105
$100 in 2010 → 2007
$95.09
What happened to prices between 2007 and 2010
Between 2007 and 2010, the Consumer Price Index went from 207.342 to 218.056.
Cumulatively, prices increased 5.2%, which works out to an average of
1.69% per year. Put differently, a dollar in 2007 bought what
$0.95 buys in 2010: the 2007 dollar
lost 4.9% of its purchasing power over
these 3 years.
Inflation was 2.8% in 2007, with gasoline averaging $2.80 a gallon, but the year is better
known for what began underneath prices. In August, French bank BNP Paribas froze funds tied to
U.S. subprime mortgages, and credit between banks tightened. The Federal Reserve responded with
a half-point cut on September 18, its first in four years, and took the policy rate from 5.25% to
4.25% by December. The economy peaked that month, by the National Bureau of Economic Research’s
dating, and the Great Recession followed. The median household earned about $50,200, and the
median new home cost $247,900. Congress ended the decade-long freeze on the federal minimum wage
in May, with the first of three steps to $5.85 in July. A first-class stamp cost 41 cents.
Every 2007 amount converts to 2010 at the same ratio, 1.05: $1,000 becomes
$1,052, and $10,000 becomes $10,517.
Amount in 2007
Value in 2010
$1.00
$1.05
$5.00
$5.26
$10.00
$10.52
$20.00
$21.03
$50.00
$52.58
$100
$105
$500
$526
$1,000
$1,052
$5,000
$5,258
$10,000
$10,517
$100,000
$105,167
$1,000,000
$1,051,673
Inflation by spending category, 2007–2010
Between 2007 and 2010, medical care rose the most, up 10.6%, while apparel rose the least, up 0.4%, against 5.2% for all items. The headline number is an average; here is what $100 of 2007
spending costs in 2010, by category:
Category
Avg. yearly inflation
$100 in 2007 →
All items (CPI-U)
1.69%
$105
Medical care
3.43%
$111
Education & communication
2.80%
$109
Food
2.67%
$108
Core (all items less food & energy)
1.65%
$105
Transportation
1.55%
$105
Housing
1.05%
$103
Energy
0.59%
$102
Recreation
0.56%
$102
Apparel
0.14%
$100
Year by year: CPI and the value of $100 from 2007
$100 from 2007 had already become $104 by
2008, on its way to $105 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 2007 had the buying
power of $105; 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 2007 to 2010: $100 is worth $105 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/2007-to-2010/
APA: InflationCalculator.com. Inflation from 2007 to 2010. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/2007-to-2010/