$100 in 2007 is worth $114 in 2015,
because prices increased 14.3% over that period, an average of
1.69% a year.
$100 in 2007 has
the same buying power as
$114
in 2015
Detailed inflation statistics
Cumulative price change
14.3%
Average inflation rate
1.69% per year
Converted amount ($100 base)
$114
Price difference ($100 base)
$14.31
CPI in 2007
207.342
CPI in 2015
237.017
Inflation in 2007
2.85%
Inflation in 2015
0.12%
$100 in 2007 → 2015
$114
$100 in 2015 → 2007
$87.48
What happened to prices between 2007 and 2015
Between 2007 and 2015, the Consumer Price Index went from 207.342 to 237.017.
Cumulatively, prices increased 14.3%, which works out to an average of
1.69% per year. Put differently, a dollar in 2007 bought what
$0.87 buys in 2015: the 2007 dollar
lost 12.5% of its purchasing power over
these 8 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 2015 at the same ratio, 1.14: $1,000 becomes
$1,143, and $10,000 becomes $11,431.
Amount in 2007
Value in 2015
$1.00
$1.14
$5.00
$5.72
$10.00
$11.43
$20.00
$22.86
$50.00
$57.16
$100
$114
$500
$572
$1,000
$1,143
$5,000
$5,716
$10,000
$11,431
$100,000
$114,312
$1,000,000
$1,143,121
Inflation by spending category, 2007–2015
Between 2007 and 2015, medical care rose the most, up 27.3%, while energy fell 2.3%, against 14.3% for all items. The headline number is an average; here is what $100 of 2007
spending costs in 2015, by category:
Category
Avg. yearly inflation
$100 in 2007 →
All items (CPI-U)
1.69%
$114
Medical care
3.06%
$127
Food
2.50%
$122
Education & communication
1.83%
$116
Core (all items less food & energy)
1.76%
$115
Housing
1.61%
$114
Transportation
0.94%
$108
Apparel
0.71%
$106
Recreation
0.50%
$104
Energy
-0.29%
$97.68
Decade by decade: 2007 to 2015
Prices climbed fastest in the 2000s, averaging 1.69% a year, and slowest in the 2010s (1.68% a year). Each step below chains into the full 2007–2015 change:
Years
Avg. yearly inflation
Price change
$100 from 2007, at end
2007–2010
1.69%
5.2%
$105
2010–2015
1.68%
8.7%
$114
Year by year: CPI and the value of $100 from 2007
$100 from 2007 had already become $108 by
2011, on its way to $114 in 2015; 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 2015, prices rose 0.1% and $100 from 2007 had the buying
power of $114; the year's average CPI of 237.017 is the level
behind every 2015 figure on this page.
2015 was almost a year with no inflation at all. Consumer prices rose 0.1%,
the smallest increase since the 2009 decline, because energy prices kept
falling. Gasoline averaged $2.45 a gallon, down from $3.37 in 2014, and a
strong dollar made imported goods cheaper. The picture was different outside
food and energy: core prices rose about 1.8% as rents and medical costs
climbed.
Incomes finally showed real progress. Median household income reached $56,516,
a large jump from $53,657, and the median new home sold for about $296,400. The
federal minimum wage stayed at $7.25, and a first-class stamp stayed at 49
cents.
The Federal Reserve chose December to end its zero-rate policy, raising the
target range to 0.25–0.50% for the first time since 2006. It moved even
though headline inflation was far under 2%, arguing that the drag from
energy was temporary. Earlier, a currency shift in China in August had shaken
global markets and pushed oil below $40 a barrel. Prices in 2015 ended
the year barely above their 2014 level.
MLA: “Inflation from 2007 to 2015: $100 is worth $114 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/2007-to-2015/
APA: InflationCalculator.com. Inflation from 2007 to 2015. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/2007-to-2015/