Between 2008 and 2017, the Consumer Price Index went from 215.303 to 245.12.
Cumulatively, prices increased 13.8%, which works out to an average of
1.45% per year. Put differently, a dollar in 2008 bought what
$0.88 buys in 2017.
Common amounts: 2008 dollars in 2017
Amount in 2008
Value in 2017
$1.00
$1.14
$5.00
$5.69
$10.00
$11.38
$20.00
$22.77
$50.00
$56.92
$100
$114
$500
$569
$1,000
$1,138
$5,000
$5,692
$10,000
$11,385
$100,000
$113,849
$1,000,000
$1,138,489
Inflation by spending category, 2008–2017
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 2008 spending costs in 2017, by category:
MLA: “Inflation from 2008 to 2017: $100 is worth $114 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/2008-to-2017/
APA: InflationCalculator.com. Inflation from 2008 to 2017. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/2008-to-2017/