$100 in 2011 is worth $109 in 2017,
because prices increased 9.0% over that period, an average of
1.44% a year.
$100 in 2011 has
the same buying power as
$109
in 2017
Detailed inflation statistics
Cumulative price change
9.0%
Average inflation rate
1.44% per year
Converted amount ($100 base)
$109
Price difference ($100 base)
$8.97
CPI in 2011
224.939
CPI in 2017
245.12
Inflation in 2011
3.16%
Inflation in 2017
2.13%
$100 in 2011 → 2017
$109
$100 in 2017 → 2011
$91.77
What happened to prices between 2011 and 2017
Between 2011 and 2017, the Consumer Price Index went from 224.939 to 245.12.
Cumulatively, prices increased 9.0%, which works out to an average of
1.44% per year. Put differently, a dollar in 2011 bought what
$0.92 buys in 2017: the 2011 dollar
lost 8.2% of its purchasing power over
these 6 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 2017 at the same ratio, 1.09: $1,000 becomes
$1,090, and $10,000 becomes $10,897.
Amount in 2011
Value in 2017
$1.00
$1.09
$5.00
$5.45
$10.00
$10.90
$20.00
$21.79
$50.00
$54.49
$100
$109
$500
$545
$1,000
$1,090
$5,000
$5,449
$10,000
$10,897
$100,000
$108,972
$1,000,000
$1,089,718
Inflation by spending category, 2011–2017
Between 2011 and 2017, medical care rose the most, up 18.8%, while energy fell 16.1%, against 9.0% for all items. The headline number is an average; here is what $100 of 2011
spending costs in 2017, by category:
Category
Avg. yearly inflation
$100 in 2011 →
All items (CPI-U)
1.44%
$109
Medical care
2.91%
$119
Housing
2.31%
$115
Core (all items less food & energy)
1.92%
$112
Food
1.56%
$110
Recreation
0.74%
$105
Education & communication
0.63%
$104
Apparel
0.47%
$103
Transportation
-0.87%
$94.91
Energy
-2.89%
$83.86
Year by year: CPI and the value of $100 from 2011
$100 from 2011 had already become $105 by
2014, on its way to $109 in 2017; each row shows the CPI, that
year's inflation rate, and the running value.
Within the span, inflation peaked at 2.1% in 2017, and the smallest rise was 0.1% in 2015.
In 2017, prices rose 2.1% and $100 from 2011 had the buying
power of $109; the year's average CPI of 245.12 is the level
behind every 2017 figure on this page.
2017 pushed consumer prices back above the Federal Reserve’s 2% target. The
CPI rose 2.1%, the first reading over 2% in five years, helped by a rebound
in energy after OPEC’s output cuts and by a storm-related spike at the pump:
Hurricane Harvey shut a large part of Gulf Coast refining in late August.
Gasoline averaged $2.42 a gallon, up from $2.14 in 2016.
Household incomes kept rising. The median household income reached $61,372,
and the median new home sold for about $322,100. The federal minimum wage
stayed at $7.25, its eighth year at that level, and a first-class stamp rose
to 49 cents.
The Fed raised rates three times, to 1.25–1.50%, and in October began
letting its bond holdings shrink. Congress passed the Tax Cuts and Jobs Act
in December, lowering the corporate rate to 21%. Even with unemployment near
4%, core inflation stayed under 2%, a puzzle that shaped Fed debates for the
next two years.
MLA: “Inflation from 2011 to 2017: $100 is worth $109 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/2011-to-2017/
APA: InflationCalculator.com. Inflation from 2011 to 2017. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/2011-to-2017/