$100 in 2010 is worth $109 in 2014,
because prices increased 8.6% over that period, an average of
2.08% a year.
$100 in 2010 has
the same buying power as
$109
in 2014
Detailed inflation statistics
Cumulative price change
8.6%
Average inflation rate
2.08% per year
Converted amount ($100 base)
$109
Price difference ($100 base)
$8.57
CPI in 2010
218.056
CPI in 2014
236.736
Inflation in 2010
1.64%
Inflation in 2014
1.62%
$100 in 2010 → 2014
$109
$100 in 2014 → 2010
$92.11
What happened to prices between 2010 and 2014
Between 2010 and 2014, the Consumer Price Index went from 218.056 to 236.736.
Cumulatively, prices increased 8.6%, which works out to an average of
2.08% per year. Put differently, a dollar in 2010 bought what
$0.92 buys in 2014: the 2010 dollar
lost 7.9% of its purchasing power over
these 4 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 2014 at the same ratio, 1.09: $1,000 becomes
$1,086, and $10,000 becomes $10,857.
Amount in 2010
Value in 2014
$1.00
$1.09
$5.00
$5.43
$10.00
$10.86
$20.00
$21.71
$50.00
$54.28
$100
$109
$500
$543
$1,000
$1,086
$5,000
$5,428
$10,000
$10,857
$100,000
$108,567
$1,000,000
$1,085,666
Inflation by spending category, 2010–2014
Between 2010 and 2014, energy rose the most, up 15.2%, while recreation rose the least, up 2.0%, against 8.6% for all items. The headline number is an average; here is what $100 of 2010
spending costs in 2014, by category:
Category
Avg. yearly inflation
$100 in 2010 →
All items (CPI-U)
2.08%
$109
Energy
3.60%
$115
Medical care
2.89%
$112
Transportation
2.79%
$112
Food
2.53%
$111
Housing
1.91%
$108
Core (all items less food & energy)
1.82%
$107
Apparel
1.64%
$107
Education & communication
1.43%
$106
Recreation
0.49%
$102
Year by year: CPI and the value of $100 from 2010
$100 from 2010 had already become $105 by
2012, on its way to $109 in 2014; 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 2014, prices rose 1.6% and $100 from 2010 had the buying
power of $109; the year's average CPI of 236.736 is the level
behind every 2014 figure on this page.
2014 ended with the sharpest oil price drop in years. Consumer prices rose
1.6% for the year, close to 2013’s pace, but the annual figure hid a shift at
the pump: crude oil fell from above $100 a barrel in June to below $60 in
December, and gasoline finished the year near $2.25 a gallon after averaging
$3.37 across 2014. The drop reflected record U.S. shale output, softer
global demand, and OPEC’s decision in November to keep producing.
For households, cheaper fuel arrived just as the labor market strengthened.
Median household income was $53,657, essentially flat on the prior year, and
the median new home sold for about $288,500. The federal minimum wage stayed
at $7.25 for a fifth year, and a first-class stamp rose to 49 cents.
The Federal Reserve ended its bond purchases in October but left its policy
rate at zero. A stronger dollar helped hold down import prices. Because
energy weighs heavily in the CPI, the late-year slide carried into 2015, which
posted the smallest annual increase of the decade.
MLA: “Inflation from 2010 to 2014: $100 is worth $109 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/2010-to-2014/
APA: InflationCalculator.com. Inflation from 2010 to 2014. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/2010-to-2014/