$100 in 2011 is worth $105 in 2014,
because prices increased 5.2% over that period, an average of
1.72% a year.
$100 in 2011 has
the same buying power as
$105
in 2014
Detailed inflation statistics
Cumulative price change
5.2%
Average inflation rate
1.72% per year
Converted amount ($100 base)
$105
Price difference ($100 base)
$5.24
CPI in 2011
224.939
CPI in 2014
236.736
Inflation in 2011
3.16%
Inflation in 2014
1.62%
$100 in 2011 → 2014
$105
$100 in 2014 → 2011
$95.02
What happened to prices between 2011 and 2014
Between 2011 and 2014, the Consumer Price Index went from 224.939 to 236.736.
Cumulatively, prices increased 5.2%, which works out to an average of
1.72% per year. Put differently, a dollar in 2011 bought what
$0.95 buys in 2014: the 2011 dollar
lost 5.0% of its purchasing power over
these 3 years.
2011 brought the fastest inflation of the post-recession recovery. Consumer
prices rose 3.2%, roughly double the 2010 pace, and the cause was mostly at the
pump and the grocery store. Unrest across the Middle East and North Africa,
including the war in Libya, pushed gasoline to an annual average of $3.52 a
gallon, the highest yearly figure recorded to that point. Food prices also
rose faster than the overall index.
Household budgets did not keep up. The median household income was $50,054,
barely above the year before, and the median new home sold for about $227,200.
The federal minimum wage stayed at $7.25 and a first-class stamp at 44 cents.
Policy stayed loose. The Federal Reserve kept its policy rate near zero and
launched Operation Twist in September to lower long-term rates. Washington
spent the summer in a debt-ceiling fight that ended in S&P’s August downgrade
of the U.S. credit rating. The inflation spike proved temporary: the
2011 rate was the high point of the early 2010s, and prices grew more slowly
in every year that followed until 2017.
Every 2011 amount converts to 2014 at the same ratio, 1.05: $1,000 becomes
$1,052, and $10,000 becomes $10,524.
Amount in 2011
Value in 2014
$1.00
$1.05
$5.00
$5.26
$10.00
$10.52
$20.00
$21.05
$50.00
$52.62
$100
$105
$500
$526
$1,000
$1,052
$5,000
$5,262
$10,000
$10,524
$100,000
$105,245
$1,000,000
$1,052,445
Inflation by spending category, 2011–2014
Between 2011 and 2014, medical care rose the most, up 8.8%, while energy fell 0.1%, against 5.2% for all items. The headline number is an average; here is what $100 of 2011
spending costs in 2014, by category:
Category
Avg. yearly inflation
$100 in 2011 →
All items (CPI-U)
1.72%
$105
Medical care
2.84%
$109
Food
2.13%
$107
Housing
2.10%
$106
Core (all items less food & energy)
1.87%
$106
Education & communication
1.51%
$105
Apparel
1.45%
$104
Recreation
0.64%
$102
Transportation
0.56%
$102
Energy
-0.04%
$99.87
Year by year: CPI and the value of $100 from 2011
$100 from 2011 had already become $102 by
2012, on its way to $105 in 2014; each row shows the CPI, that
year's inflation rate, and the running value.
Within the span, inflation peaked at 2.1% in 2012, and the smallest rise was 1.5% in 2013.
In 2014, prices rose 1.6% and $100 from 2011 had the buying
power of $105; 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 2011 to 2014: $100 is worth $105 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/2011-to-2014/
APA: InflationCalculator.com. Inflation from 2011 to 2014. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/2011-to-2014/