Between 2007 and 2024, the Consumer Price Index went from 207.342 to 313.689.
Cumulatively, prices increased 51.3%, which works out to an average of
2.47% per year. Put differently, a dollar in 2007 bought what
$0.66 buys in 2024.
Common amounts: 2007 dollars in 2024
Amount in 2007
Value in 2024
$1.00
$1.51
$5.00
$7.56
$10.00
$15.13
$20.00
$30.26
$50.00
$75.65
$100
$151
$500
$756
$1,000
$1,513
$5,000
$7,565
$10,000
$15,129
$100,000
$151,291
$1,000,000
$1,512,906
Inflation by spending category, 2007–2024
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 2007 spending costs in 2024, by category:
MLA: “Inflation from 2007 to 2024: $100 is worth $151 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/2007-to-2024/
APA: InflationCalculator.com. Inflation from 2007 to 2024. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/2007-to-2024/