$100 in 2013 is worth $135 in 2024,
because prices increased 34.7% over that period, an average of
2.74% a year.
$100 in 2013 has
the same buying power as
$135
in 2024
Detailed inflation statistics
Cumulative price change
34.7%
Average inflation rate
2.74% per year
Converted amount ($100 base)
$135
Price difference ($100 base)
$34.66
CPI in 2013
232.957
CPI in 2024
313.689
Inflation in 2013
1.46%
Inflation in 2024
2.95%
$100 in 2013 → 2024
$135
$100 in 2024 → 2013
$74.26
What happened to prices between 2013 and 2024
Between 2013 and 2024, the Consumer Price Index went from 232.957 to 313.689.
Cumulatively, prices increased 34.7%, which works out to an average of
2.74% per year. Put differently, a dollar in 2013 bought what
$0.74 buys in 2024: the 2013 dollar
lost 25.7% of its purchasing power over
these 11 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 2024 at the same ratio, 1.35: $1,000 becomes
$1,347, and $10,000 becomes $13,466.
Amount in 2013
Value in 2024
$1.00
$1.35
$5.00
$6.73
$10.00
$13.47
$20.00
$26.93
$50.00
$67.33
$100
$135
$500
$673
$1,000
$1,347
$5,000
$6,733
$10,000
$13,466
$100,000
$134,655
$1,000,000
$1,346,553
Inflation by spending category, 2013–2024
Between 2013 and 2024, housing rose the most, up 47.0%, while apparel rose the least, up 3.2%, against 34.7% for all items. The headline number is an average; here is what $100 of 2013
spending costs in 2024, by category:
Category
Avg. yearly inflation
$100 in 2013 →
All items (CPI-U)
2.74%
$135
Housing
3.56%
$147
Food
3.06%
$139
Core (all items less food & energy)
2.86%
$136
Medical care
2.60%
$133
Transportation
2.01%
$125
Recreation
1.66%
$120
Energy
1.23%
$114
Education & communication
0.66%
$107
Apparel
0.29%
$103
Decade by decade: 2013 to 2024
Prices climbed fastest in the 2020s, averaging 4.93% a year, and slowest in the 2010s (1.51% a year). Each step below chains into the full 2013–2024 change:
Years
Avg. yearly inflation
Price change
$100 from 2013, at end
2013–2020
1.51%
11.1%
$111
2020–2024
4.93%
21.2%
$135
Year by year: CPI and the value of $100 from 2013
$100 from 2013 had already become $108 by
2018, on its way to $135 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 2013 had the buying
power of $135; 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 2013 to 2024: $100 is worth $135 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/2013-to-2024/
APA: InflationCalculator.com. Inflation from 2013 to 2024. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/2013-to-2024/