$100 in 2013 is worth $111 in 2020,
because prices increased 11.1% over that period, an average of
1.51% a year.
$100 in 2013 has
the same buying power as
$111
in 2020
Detailed inflation statistics
Cumulative price change
11.1%
Average inflation rate
1.51% per year
Converted amount ($100 base)
$111
Price difference ($100 base)
$11.10
CPI in 2013
232.957
CPI in 2020
258.811
Inflation in 2013
1.46%
Inflation in 2020
1.23%
$100 in 2013 → 2020
$111
$100 in 2020 → 2013
$90.01
What happened to prices between 2013 and 2020
Between 2013 and 2020, the Consumer Price Index went from 232.957 to 258.811.
Cumulatively, prices increased 11.1%, which works out to an average of
1.51% per year. Put differently, a dollar in 2013 bought what
$0.90 buys in 2020: the 2013 dollar
lost 10.0% of its purchasing power over
these 7 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 2020 at the same ratio, 1.11: $1,000 becomes
$1,111, and $10,000 becomes $11,110.
Amount in 2013
Value in 2020
$1.00
$1.11
$5.00
$5.55
$10.00
$11.11
$20.00
$22.22
$50.00
$55.55
$100
$111
$500
$555
$1,000
$1,111
$5,000
$5,555
$10,000
$11,110
$100,000
$111,098
$1,000,000
$1,110,982
Inflation by spending category, 2013–2020
Between 2013 and 2020, medical care rose the most, up 22.0%, while energy fell 19.4%, against 11.1% for all items. The headline number is an average; here is what $100 of 2013
spending costs in 2020, by category:
Category
Avg. yearly inflation
$100 in 2013 →
All items (CPI-U)
1.51%
$111
Medical care
2.89%
$122
Housing
2.58%
$120
Core (all items less food & energy)
1.95%
$114
Food
1.73%
$113
Recreation
0.84%
$106
Education & communication
0.46%
$103
Apparel
-1.08%
$92.68
Transportation
-1.09%
$92.60
Energy
-3.04%
$80.58
Year by year: CPI and the value of $100 from 2013
$100 from 2013 had already become $103 by
2016, on its way to $111 in 2020; each row shows the CPI, that
year's inflation rate, and the running value.
Within the span, inflation peaked at 2.4% in 2018, and the smallest rise was 0.1% in 2015.
In 2020, prices rose 1.2% and $100 from 2013 had the buying
power of $111; the year's average CPI of 258.811 is the level
behind every 2020 figure on this page.
2020 was the year the pandemic rewired the price data without triggering the
inflation spike that followed it. Consumer prices rose just 1.2% for the
year, the mildest pace since 2015, as COVID-19 lockdowns emptied roads,
closed airports, and crushed energy demand. Oil told the starkest story: on
April 20, U.S. crude futures fell to about negative $37 a barrel, the first
negative settlement in the market’s history, as storage capacity ran out and no one
wanted the physical barrels. Gasoline followed it down, falling to about
$1.80 a gallon nationally that month before recovering to average $2.17 for
the year. Grocery prices moved the other way: pantry stocking and
meatpacking-plant disruptions pushed food-at-home costs up faster than
usual, a rare case of food and energy pulling the index in opposite
directions. Washington answered with the $2.2 trillion CARES Act, signed
March 27, which sent $1,200 payments to most adults and added $600 a week
to unemployment benefits as states ordered widespread business closures.
The Federal Reserve cut its policy rate to near zero in two emergency moves
that same month and pledged to buy Treasury and mortgage bonds “in the
amounts needed” to keep credit markets working, an open-ended commitment
beyond even its 2008 response. None of it showed up in the CPI yet: the
stimulus, the supply shocks, and the reopening whiplash that followed would
build into the fastest inflation in four decades over the next two years.
MLA: “Inflation from 2013 to 2020: $100 is worth $111 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/2013-to-2020/
APA: InflationCalculator.com. Inflation from 2013 to 2020. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/2013-to-2020/