$100 in 2013 is worth $105 in 2017,
because prices increased 5.2% over that period, an average of
1.28% a year.
$100 in 2013 has
the same buying power as
$105
in 2017
Detailed inflation statistics
Cumulative price change
5.2%
Average inflation rate
1.28% per year
Converted amount ($100 base)
$105
Price difference ($100 base)
$5.22
CPI in 2013
232.957
CPI in 2017
245.12
Inflation in 2013
1.46%
Inflation in 2017
2.13%
$100 in 2013 → 2017
$105
$100 in 2017 → 2013
$95.04
What happened to prices between 2013 and 2017
Between 2013 and 2017, the Consumer Price Index went from 232.957 to 245.12.
Cumulatively, prices increased 5.2%, which works out to an average of
1.28% per year. Put differently, a dollar in 2013 bought what
$0.95 buys in 2017: the 2013 dollar
lost 5.0% of its purchasing power over
these 4 years.
2013 was a low-inflation year with a lot of noise around the Federal Reserve.
Consumer prices rose 1.5%, below the Fed’s 2% target, and gasoline eased to an
average of $3.51 a gallon. Housing was the exception: the median new home sold
for about $268,900, up sharply from $245,200 in 2012, as the market recovered
from its post-crisis bottom.
The Fed dominated the news. Chairman Ben Bernanke’s May comments about slowing
bond purchases pushed long-term interest rates up by roughly a percentage
point that summer, and mortgages became more expensive within weeks. In
December the Fed finally announced a first small cut to its purchases while
promising to keep short-term rates near zero for a long time.
Washington added its own disruption. A 16-day government shutdown in October
delayed data releases and left a hole in that month’s CPI collection. Median
household income was reported at $53,585, the federal minimum wage stayed at
$7.25, and a first-class stamp cost 46 cents. The decade’s pattern was taking
shape: slow price growth, ultra-low interest rates, and a labor market that
improved gradually.
Every 2013 amount converts to 2017 at the same ratio, 1.05: $1,000 becomes
$1,052, and $10,000 becomes $10,522.
Amount in 2013
Value in 2017
$1.00
$1.05
$5.00
$5.26
$10.00
$10.52
$20.00
$21.04
$50.00
$52.61
$100
$105
$500
$526
$1,000
$1,052
$5,000
$5,261
$10,000
$10,522
$100,000
$105,221
$1,000,000
$1,052,211
Inflation by spending category, 2013–2017
Between 2013 and 2017, medical care rose the most, up 11.8%, while energy fell 16.3%, against 5.2% for all items. The headline number is an average; here is what $100 of 2013
spending costs in 2017, by category:
Category
Avg. yearly inflation
$100 in 2013 →
All items (CPI-U)
1.28%
$105
Medical care
2.83%
$112
Housing
2.53%
$111
Core (all items less food & energy)
1.91%
$108
Food
1.35%
$105
Recreation
0.70%
$103
Education & communication
0.11%
$100
Apparel
-0.35%
$98.59
Transportation
-1.87%
$92.71
Energy
-4.35%
$83.69
Year by year: CPI and the value of $100 from 2013
$100 from 2013 had already become $102 by
2015, on its way to $105 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 2013 had the buying
power of $105; 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 2013 to 2017: $100 is worth $105 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/2013-to-2017/
APA: InflationCalculator.com. Inflation from 2013 to 2017. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/2013-to-2017/