$100 in 2007 is worth $123 in 2019,
because prices increased 23.3% over that period, an average of
1.76% a year.
$100 in 2007 has
the same buying power as
$123
in 2019
Detailed inflation statistics
Cumulative price change
23.3%
Average inflation rate
1.76% per year
Converted amount ($100 base)
$123
Price difference ($100 base)
$23.30
CPI in 2007
207.342
CPI in 2019
255.657
Inflation in 2007
2.85%
Inflation in 2019
1.81%
$100 in 2007 → 2019
$123
$100 in 2019 → 2007
$81.10
What happened to prices between 2007 and 2019
Between 2007 and 2019, the Consumer Price Index went from 207.342 to 255.657.
Cumulatively, prices increased 23.3%, which works out to an average of
1.76% per year. Put differently, a dollar in 2007 bought what
$0.81 buys in 2019: the 2007 dollar
lost 18.9% of its purchasing power over
these 12 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 2019 at the same ratio, 1.23: $1,000 becomes
$1,233, and $10,000 becomes $12,330.
Amount in 2007
Value in 2019
$1.00
$1.23
$5.00
$6.17
$10.00
$12.33
$20.00
$24.66
$50.00
$61.65
$100
$123
$500
$617
$1,000
$1,233
$5,000
$6,165
$10,000
$12,330
$100,000
$123,302
$1,000,000
$1,233,021
Inflation by spending category, 2007–2019
Between 2007 and 2019, medical care rose the most, up 42.0%, while energy rose the least, up 3.6%, against 23.3% for all items. The headline number is an average; here is what $100 of 2007
spending costs in 2019, by category:
Category
Avg. yearly inflation
$100 in 2007 →
All items (CPI-U)
1.76%
$123
Medical care
2.96%
$142
Food
2.03%
$127
Housing
2.00%
$127
Core (all items less food & energy)
1.87%
$125
Education & communication
1.19%
$115
Transportation
1.08%
$114
Recreation
0.66%
$108
Apparel
0.35%
$104
Energy
0.30%
$104
Decade by decade: 2007 to 2019
Prices climbed fastest in the 2010s, averaging 1.78% a year, and slowest in the 2000s (1.69% a year). Each step below chains into the full 2007–2019 change:
Years
Avg. yearly inflation
Price change
$100 from 2007, at end
2007–2010
1.69%
5.2%
$105
2010–2019
1.78%
17.2%
$123
Year by year: CPI and the value of $100 from 2007
$100 from 2007 had already become $112 by
2013, on its way to $123 in 2019; 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 2019, prices rose 1.8% and $100 from 2007 had the buying
power of $123; the year's average CPI of 255.657 is the level
behind every 2019 figure on this page.
2019 was the last ordinary year before COVID-19. Consumer prices rose 1.8%,
slightly under the Federal Reserve’s 2% target, with gasoline averaging
$2.60 a gallon. Median household income jumped to $68,703, the highest on
record up to that point, and the median new home sold for about $328,000. A
first-class stamp rose to 55 cents.
The Fed reversed course. After four increases in 2018, it cut rates three
times, to 1.50–1.75%, citing slower global growth, trade tensions, and low
inflation. In July the expansion that began in June 2009 became the longest in
U.S. records, and in August the yield curve briefly inverted, a signal
investors read as a recession warning.
For workers at the bottom of the pay scale, 2019 marked a milestone of a
different kind. The federal minimum wage stayed at $7.25 and reached its tenth
year without an increase, the longest gap since the wage was first set. Because
prices had climbed about 19% since it was last raised in 2009, its buying power
was lower than at any point in that span.
MLA: “Inflation from 2007 to 2019: $100 is worth $123 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/2007-to-2019/
APA: InflationCalculator.com. Inflation from 2007 to 2019. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/2007-to-2019/