U.S. inflation · 2012–2023
$100 in 2012 has the same buying power as
$133
in 2023
| Cumulative price change | 32.7% |
|---|---|
| Average inflation rate | 2.61% per year |
| Converted amount ($100 base) | $133 |
| Price difference ($100 base) | $32.71 |
| CPI in 2012 | 229.594 |
| CPI in 2023 | 304.702 |
| Inflation in 2012 | 2.07% |
| Inflation in 2023 | 4.12% |
| $100 in 2012 → 2023 | $133 |
| $100 in 2023 → 2012 | $75.35 |
Between 2012 and 2023, the Consumer Price Index went from 229.594 to 304.702. Cumulatively, prices increased 32.7%, which works out to an average of 2.61% per year. Put differently, a dollar in 2012 bought what $0.75 buys in 2023.
| Amount in 2012 | Value in 2023 |
|---|---|
| $1.00 | $1.33 |
| $5.00 | $6.64 |
| $10.00 | $13.27 |
| $20.00 | $26.54 |
| $50.00 | $66.36 |
| $100 | $133 |
| $500 | $664 |
| $1,000 | $1,327 |
| $5,000 | $6,636 |
| $10,000 | $13,271 |
| $100,000 | $132,713 |
| $1,000,000 | $1,327,134 |
The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 2012 spending costs in 2023, by category:
| Category | Avg. yearly inflation | $100 in 2012 → |
|---|---|---|
| All items (CPI-U) | 2.61% | $133 |
| Housing | 3.35% | $144 |
| Food | 2.98% | $138 |
| Core (all items less food & energy) | 2.71% | $134 |
| Medical care | 2.58% | $132 |
| Transportation | 1.89% | $123 |
| Recreation | 1.57% | $119 |
| Energy | 1.29% | $115 |
| Education & communication | 0.74% | $108 |
| Apparel | 0.31% | $103 |
| Year | CPI | Inflation rate | $100 from 2012 |
|---|---|---|---|
| 2012 | 229.594 | 2.1% | $100 |
| 2013 | 232.957 | 1.5% | $101 |
| 2014 | 236.736 | 1.6% | $103 |
| 2015 | 237.017 | 0.1% | $103 |
| 2016 | 240.007 | 1.3% | $105 |
| 2017 | 245.12 | 2.1% | $107 |
| 2018 | 251.107 | 2.4% | $109 |
| 2019 | 255.657 | 1.8% | $111 |
| 2020 | 258.811 | 1.2% | $113 |
| 2021 | 270.97 | 4.7% | $118 |
| 2022 | 292.655 | 8.0% | $127 |
| 2023 | 304.702 | 4.1% | $133 |
MLA: “Inflation from 2012 to 2023: $100 is worth $133 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/2012-to-2023/
APA: InflationCalculator.com. Inflation from 2012 to 2023. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/2012-to-2023/
Source: U.S. Bureau of Labor Statistics, CPI-U annual averages (series CUUR0000SA0; category indexes listed on the data sources page). See how these numbers are calculated.