Between 2008 and 2024, the Consumer Price Index went from 215.303 to 313.689.
Cumulatively, prices increased 45.7%, which works out to an average of
2.38% per year. Put differently, a dollar in 2008 bought what
$0.69 buys in 2024.
Common amounts: 2008 dollars in 2024
Amount in 2008
Value in 2024
$1.00
$1.46
$5.00
$7.28
$10.00
$14.57
$20.00
$29.14
$50.00
$72.85
$100
$146
$500
$728
$1,000
$1,457
$5,000
$7,285
$10,000
$14,570
$100,000
$145,697
$1,000,000
$1,456,965
Inflation by spending category, 2008–2024
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 2008 spending costs in 2024, by category:
MLA: “Inflation from 2008 to 2024: $100 is worth $146 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/2008-to-2024/
APA: InflationCalculator.com. Inflation from 2008 to 2024. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/2008-to-2024/