$100 in 2010 is worth $107 in 2013,
because prices increased 6.8% over that period, an average of
2.23% a year.
$100 in 2010 has
the same buying power as
$107
in 2013
Detailed inflation statistics
Cumulative price change
6.8%
Average inflation rate
2.23% per year
Converted amount ($100 base)
$107
Price difference ($100 base)
$6.83
CPI in 2010
218.056
CPI in 2013
232.957
Inflation in 2010
1.64%
Inflation in 2013
1.46%
$100 in 2010 → 2013
$107
$100 in 2013 → 2010
$93.60
What happened to prices between 2010 and 2013
Between 2010 and 2013, the Consumer Price Index went from 218.056 to 232.957.
Cumulatively, prices increased 6.8%, which works out to an average of
2.23% per year. Put differently, a dollar in 2010 bought what
$0.94 buys in 2013: the 2010 dollar
lost 6.4% of its purchasing power over
these 3 years.
2010 was a year of recovery without much price pressure. The CPI rose 1.6%, a
return to growth after 2009’s deflation, with gasoline averaging $2.78 a
gallon as energy prices climbed back from their recession lows. Housing costs
barely moved: millions of foreclosed and vacant homes kept rents soft, and the
median new home sold for about $221,800. The federal minimum wage stayed at
$7.25, the level set in July 2009, and a first-class stamp cost 44 cents.
The Federal Reserve was more worried about too little inflation than too
much. Its policy rate sat at 0–0.25%, and in November it announced a further
$600 billion of Treasury purchases to hold down long-term borrowing costs.
Congress passed the Dodd-Frank Act in July to tighten financial regulation,
while a 110 billion euro rescue of Greece in May showed that the crisis had
moved from American mortgages to European government debt. For anyone
comparing dollars across the decade, 2010 is a useful baseline: prices were
still close to their 2008 levels, and the years ahead brought a slow, steady
climb.
Every 2010 amount converts to 2013 at the same ratio, 1.07: $1,000 becomes
$1,068, and $10,000 becomes $10,683.
Amount in 2010
Value in 2013
$1.00
$1.07
$5.00
$5.34
$10.00
$10.68
$20.00
$21.37
$50.00
$53.42
$100
$107
$500
$534
$1,000
$1,068
$5,000
$5,342
$10,000
$10,683
$100,000
$106,834
$1,000,000
$1,068,336
Inflation by spending category, 2010–2013
Between 2010 and 2013, energy rose the most, up 15.6%, while recreation rose the least, up 1.7%, against 6.8% for all items. The headline number is an average; here is what $100 of 2010
spending costs in 2013, by category:
Category
Avg. yearly inflation
$100 in 2010 →
All items (CPI-U)
2.23%
$107
Energy
4.95%
$116
Transportation
3.98%
$112
Medical care
3.05%
$109
Food
2.58%
$108
Apparel
2.16%
$107
Core (all items less food & energy)
1.84%
$106
Housing
1.68%
$105
Education & communication
1.51%
$105
Recreation
0.57%
$102
Year by year: CPI and the value of $100 from 2010
$100 from 2010 had already become $103 by
2011, on its way to $107 in 2013; 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 1.5% in 2013.
In 2013, prices rose 1.5% and $100 from 2010 had the buying
power of $107; the year's average CPI of 232.957 is the level
behind every 2013 figure on this page.
2013 was a low-inflation year with a lot of noise around the Federal Reserve.
Consumer prices rose 1.5%, below the Fed’s 2% target, and gasoline eased to an
average of $3.51 a gallon. Housing was the exception: the median new home sold
for about $268,900, up sharply from $245,200 in 2012, as the market recovered
from its post-crisis bottom.
The Fed dominated the news. Chairman Ben Bernanke’s May comments about slowing
bond purchases pushed long-term interest rates up by roughly a percentage
point that summer, and mortgages became more expensive within weeks. In
December the Fed finally announced a first small cut to its purchases while
promising to keep short-term rates near zero for a long time.
Washington added its own disruption. A 16-day government shutdown in October
delayed data releases and left a hole in that month’s CPI collection. Median
household income was reported at $53,585, the federal minimum wage stayed at
$7.25, and a first-class stamp cost 46 cents. The decade’s pattern was taking
shape: slow price growth, ultra-low interest rates, and a labor market that
improved gradually.
MLA: “Inflation from 2010 to 2013: $100 is worth $107 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/2010-to-2013/
APA: InflationCalculator.com. Inflation from 2010 to 2013. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/2010-to-2013/