$100 in 2014 is worth $100 in 2015,
because prices increased 0.1% over that period, an average of
0.12% a year.
$100 in 2014 has
the same buying power as
$100
in 2015
Detailed inflation statistics
Cumulative price change
0.1%
Average inflation rate
0.12% per year
Converted amount ($100 base)
$100
Price difference ($100 base)
$0.12
CPI in 2014
236.736
CPI in 2015
237.017
Inflation in 2014
1.62%
Inflation in 2015
0.12%
$100 in 2014 → 2015
$100
$100 in 2015 → 2014
$99.88
What happened to prices between 2014 and 2015
Between 2014 and 2015, the Consumer Price Index went from 236.736 to 237.017.
Cumulatively, prices increased 0.1%, which works out to an average of
0.12% per year. Put differently, a dollar in 2014 bought what
$1.00 buys in 2015: the 2014 dollar
lost 0.1% of its purchasing power over
these 1 years.
2014 ended with the sharpest oil price drop in years. Consumer prices rose
1.6% for the year, close to 2013’s pace, but the annual figure hid a shift at
the pump: crude oil fell from above $100 a barrel in June to below $60 in
December, and gasoline finished the year near $2.25 a gallon after averaging
$3.37 across 2014. The drop reflected record U.S. shale output, softer
global demand, and OPEC’s decision in November to keep producing.
For households, cheaper fuel arrived just as the labor market strengthened.
Median household income was $53,657, essentially flat on the prior year, and
the median new home sold for about $288,500. The federal minimum wage stayed
at $7.25 for a fifth year, and a first-class stamp rose to 49 cents.
The Federal Reserve ended its bond purchases in October but left its policy
rate at zero. A stronger dollar helped hold down import prices. Because
energy weighs heavily in the CPI, the late-year slide carried into 2015, which
posted the smallest annual increase of the decade.
Every 2014 amount converts to 2015 at the same ratio, 1.00: $1,000 becomes
$1,001, and $10,000 becomes $10,012.
Amount in 2014
Value in 2015
$1.00
$1.00
$5.00
$5.01
$10.00
$10.01
$20.00
$20.02
$50.00
$50.06
$100
$100
$500
$501
$1,000
$1,001
$5,000
$5,006
$10,000
$10,012
$100,000
$100,119
$1,000,000
$1,001,187
Inflation by spending category, 2014–2015
Between 2014 and 2015, medical care rose the most, up 2.6%, while energy fell 16.7%, against 0.1% for all items. The headline number is an average; here is what $100 of 2014
spending costs in 2015, by category:
Category
Avg. yearly inflation
$100 in 2014 →
All items (CPI-U)
0.12%
$100
Medical care
2.63%
$103
Housing
2.08%
$102
Food
1.86%
$102
Core (all items less food & energy)
1.83%
$102
Education & communication
0.50%
$101
Recreation
0.34%
$100
Apparel
-1.26%
$98.74
Transportation
-7.81%
$92.19
Energy
-16.70%
$83.30
Year by year: CPI and the value of $100 from 2014
$100 from 2014grew to $100 by 2015; each row
shows the CPI, that year's inflation rate, and the running value.
In 2015, prices rose 0.1% and $100 from 2014 had the buying
power of $100; the year's average CPI of 237.017 is the level
behind every 2015 figure on this page.
2015 was almost a year with no inflation at all. Consumer prices rose 0.1%,
the smallest increase since the 2009 decline, because energy prices kept
falling. Gasoline averaged $2.45 a gallon, down from $3.37 in 2014, and a
strong dollar made imported goods cheaper. The picture was different outside
food and energy: core prices rose about 1.8% as rents and medical costs
climbed.
Incomes finally showed real progress. Median household income reached $56,516,
a large jump from $53,657, and the median new home sold for about $296,400. The
federal minimum wage stayed at $7.25, and a first-class stamp stayed at 49
cents.
The Federal Reserve chose December to end its zero-rate policy, raising the
target range to 0.25–0.50% for the first time since 2006. It moved even
though headline inflation was far under 2%, arguing that the drag from
energy was temporary. Earlier, a currency shift in China in August had shaken
global markets and pushed oil below $40 a barrel. Prices in 2015 ended
the year barely above their 2014 level.
MLA: “Inflation from 2014 to 2015: $100 is worth $100 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/2014-to-2015/
APA: InflationCalculator.com. Inflation from 2014 to 2015. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/2014-to-2015/