$100 in 2009 is worth $112 in 2016,
because prices increased 11.9% over that period, an average of
1.62% a year.
$100 in 2009 has
the same buying power as
$112
in 2016
Detailed inflation statistics
Cumulative price change
11.9%
Average inflation rate
1.62% per year
Converted amount ($100 base)
$112
Price difference ($100 base)
$11.87
CPI in 2009
214.537
CPI in 2016
240.007
Inflation in 2009
-0.36%
Inflation in 2016
1.26%
$100 in 2009 → 2016
$112
$100 in 2016 → 2009
$89.39
What happened to prices between 2009 and 2016
Between 2009 and 2016, the Consumer Price Index went from 214.537 to 240.007.
Cumulatively, prices increased 11.9%, which works out to an average of
1.62% per year. Put differently, a dollar in 2009 bought what
$0.89 buys in 2016: the 2009 dollar
lost 10.6% of its purchasing power over
these 7 years.
2009 is the rarest kind of year in the modern price data: one where the cost
of living went down. The CPI fell 0.4%, the first full-year deflation
since 1955, as the Great Recession hollowed out demand and oil unwound from
its $147 spike the summer before. Gasoline that had cost over $4 a gallon in
July 2008 averaged $2.35 in 2009, and that energy collapse dragged the
12-month inflation rate to −2.1% by July, the deepest reading since 1950.
Policymakers treated falling prices not as relief but as a warning: deflation
raises the real weight of debt precisely when households are drowning in it,
which is why the Federal Reserve pinned interest rates near zero, began buying
bonds by the hundreds of billions, and Washington passed a $787 billion
stimulus. The medicine took: prices stabilized within a year, and 2009 remains
the textbook case of why central banks fear deflation more than moderate
inflation.
Every 2009 amount converts to 2016 at the same ratio, 1.12: $1,000 becomes
$1,119, and $10,000 becomes $11,187.
Amount in 2009
Value in 2016
$1.00
$1.12
$5.00
$5.59
$10.00
$11.19
$20.00
$22.37
$50.00
$55.94
$100
$112
$500
$559
$1,000
$1,119
$5,000
$5,594
$10,000
$11,187
$100,000
$111,872
$1,000,000
$1,118,721
Inflation by spending category, 2009–2016
Between 2009 and 2016, medical care rose the most, up 23.4%, while energy fell 1.9%, against 11.9% for all items. The headline number is an average; here is what $100 of 2009
spending costs in 2016, by category:
Category
Avg. yearly inflation
$100 in 2009 →
All items (CPI-U)
1.62%
$112
Medical care
3.05%
$123
Food
1.86%
$114
Core (all items less food & energy)
1.75%
$113
Housing
1.68%
$112
Education & communication
1.27%
$109
Transportation
1.20%
$109
Apparel
0.70%
$105
Recreation
0.34%
$102
Energy
-0.27%
$98.14
Decade by decade: 2009 to 2016
Prices climbed fastest in the 2000s, averaging 1.64% a year, and slowest in the 2010s (1.61% a year). Each step below chains into the full 2009–2016 change:
Years
Avg. yearly inflation
Price change
$100 from 2009, at end
2009–2010
1.64%
1.6%
$102
2010–2016
1.61%
10.1%
$112
Year by year: CPI and the value of $100 from 2009
$100 from 2009 had already become $107 by
2012, on its way to $112 in 2016; each row shows the CPI, that
year's inflation rate, and the running value.
Within the span, inflation peaked at 3.2% in 2011, and the smallest rise was 0.1% in 2015.
In 2016, prices rose 1.3% and $100 from 2009 had the buying
power of $112; the year's average CPI of 240.007 is the level
behind every 2016 figure on this page.
2016 opened with the cheapest oil in more than a decade and closed with a
change in political direction. Crude fell to about $26 a barrel in February,
and gasoline averaged $2.14 a gallon for the year, its lowest annual
average since 2004. Headline inflation was 1.3%, a modest rebound from 2015’s
0.1%, though prices excluding food and energy rose faster, driven by rents and
health care.
Median household income rose to $59,039, the second large gain in a row, and
the median new home sold for about $307,800. The federal minimum wage held at
$7.25, and a first-class stamp fell to 47 cents after a January rate cut, a
rare decrease.
Two votes changed the outlook. Britain’s June decision to leave the European
Union unsettled currency markets, and the U.S. election in November raised
expectations of tax cuts, deficits, and faster growth, sending long-term
interest rates higher. OPEC’s November output cut ended the oil slump, and the
Federal Reserve made its second rate increase in December, to 0.50–0.75%.
MLA: “Inflation from 2009 to 2016: $100 is worth $112 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/2009-to-2016/
APA: InflationCalculator.com. Inflation from 2009 to 2016. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/2009-to-2016/