$100 in 2011 is worth $139 in 2024,
because prices increased 39.5% over that period, an average of
2.59% a year.
$100 in 2011 has
the same buying power as
$139
in 2024
Detailed inflation statistics
Cumulative price change
39.5%
Average inflation rate
2.59% per year
Converted amount ($100 base)
$139
Price difference ($100 base)
$39.46
CPI in 2011
224.939
CPI in 2024
313.689
Inflation in 2011
3.16%
Inflation in 2024
2.95%
$100 in 2011 → 2024
$139
$100 in 2024 → 2011
$71.71
What happened to prices between 2011 and 2024
Between 2011 and 2024, the Consumer Price Index went from 224.939 to 313.689.
Cumulatively, prices increased 39.5%, which works out to an average of
2.59% per year. Put differently, a dollar in 2011 bought what
$0.72 buys in 2024: the 2011 dollar
lost 28.3% of its purchasing power over
these 13 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 2024 at the same ratio, 1.39: $1,000 becomes
$1,395, and $10,000 becomes $13,946.
Amount in 2011
Value in 2024
$1.00
$1.39
$5.00
$6.97
$10.00
$13.95
$20.00
$27.89
$50.00
$69.73
$100
$139
$500
$697
$1,000
$1,395
$5,000
$6,973
$10,000
$13,946
$100,000
$139,455
$1,000,000
$1,394,551
Inflation by spending category, 2011–2024
Between 2011 and 2024, housing rose the most, up 52.5%, while apparel rose the least, up 7.7%, against 39.5% for all items. The headline number is an average; here is what $100 of 2011
spending costs in 2024, by category:
Category
Avg. yearly inflation
$100 in 2011 →
All items (CPI-U)
2.59%
$139
Housing
3.30%
$153
Food
2.90%
$145
Core (all items less food & energy)
2.72%
$142
Medical care
2.67%
$141
Transportation
1.88%
$127
Recreation
1.53%
$122
Energy
1.05%
$115
Education & communication
0.81%
$111
Apparel
0.57%
$108
Decade by decade: 2011 to 2024
Prices climbed fastest in the 2020s, averaging 4.93% a year, and slowest in the 2010s (1.57% a year). Each step below chains into the full 2011–2024 change:
Years
Avg. yearly inflation
Price change
$100 from 2011, at end
2011–2020
1.57%
15.1%
$115
2020–2024
4.93%
21.2%
$139
Year by year: CPI and the value of $100 from 2011
$100 from 2011 had already become $109 by
2017, on its way to $139 in 2024; each row shows the CPI, that
year's inflation rate, and the running value.
Within the span, inflation peaked at 8.0% in 2022, and the smallest rise was 0.1% in 2015.
In 2024, prices rose 2.9% and $100 from 2011 had the buying
power of $139; the year's average CPI of 313.689 is the level
behind every 2024 figure on this page.
2024 brought inflation close to normal without fully reaching it. Consumer
prices rose 2.9% on average, the smallest yearly increase since 2020, and the
December-to-December rate was also 2.9%. Gasoline averaged $3.30 a gallon,
below 2023’s $3.52. Shelter stayed the biggest driver of the index, so the
pace of price growth in categories that households can’t easily avoid, such as
rent and insurance, lagged the drop in goods and energy costs.
The Federal Reserve declared progress in September, cutting its policy rate
by half a point, the first reduction since the pandemic emergency, and then
by a quarter point in November and again in December. Mortgage rates near 7%
kept the housing market frozen for many would-be buyers.
Median household income was $83,730, the federal minimum wage stayed at $7.25,
and a first-class stamp rose to 73 cents in July. After the November election,
attention turned to how announced tariffs and tax policy might affect prices
in 2025.
MLA: “Inflation from 2011 to 2024: $100 is worth $139 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/2011-to-2024/
APA: InflationCalculator.com. Inflation from 2011 to 2024. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/2011-to-2024/