Between 2007 and 2016, the Consumer Price Index went from 207.342 to 240.007.
Cumulatively, prices increased 15.8%, which works out to an average of
1.64% per year. Put differently, a dollar in 2007 bought what
$0.86 buys in 2016.
Common amounts: 2007 dollars in 2016
Amount in 2007
Value in 2016
$1.00
$1.16
$5.00
$5.79
$10.00
$11.58
$20.00
$23.15
$50.00
$57.88
$100
$116
$500
$579
$1,000
$1,158
$5,000
$5,788
$10,000
$11,575
$100,000
$115,754
$1,000,000
$1,157,542
Inflation by spending category, 2007–2016
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 2007 spending costs in 2016, by category:
MLA: “Inflation from 2007 to 2016: $100 is worth $116 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/2007-to-2016/
APA: InflationCalculator.com. Inflation from 2007 to 2016. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/2007-to-2016/