Between 2008 and 2022, the Consumer Price Index went from 215.303 to 292.655.
Cumulatively, prices increased 35.9%, which works out to an average of
2.22% per year. Put differently, a dollar in 2008 bought what
$0.74 buys in 2022.
Common amounts: 2008 dollars in 2022
Amount in 2008
Value in 2022
$1.00
$1.36
$5.00
$6.80
$10.00
$13.59
$20.00
$27.19
$50.00
$67.96
$100
$136
$500
$680
$1,000
$1,359
$5,000
$6,796
$10,000
$13,593
$100,000
$135,927
$1,000,000
$1,359,270
Inflation by spending category, 2008–2022
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 2008 spending costs in 2022, by category:
2022 was the year inflation returned. Consumer prices rose 8.0% on average,
the worst since 1981, driven by pandemic-era supply chains, stimulus-fueled
demand, and an energy shock from the war in Ukraine. Gas briefly topped $5 a
gallon nationally for the first time ever, and “inflation” became the
top-ranked economic concern in nearly every poll of American households.
MLA: “Inflation from 2008 to 2022: $100 is worth $136 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/2008-to-2022/
APA: InflationCalculator.com. Inflation from 2008 to 2022. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/2008-to-2022/