$100 in 2014 is worth $124 in 2022,
because prices increased 23.6% over that period, an average of
2.69% a year.
$100 in 2014 has
the same buying power as
$124
in 2022
Detailed inflation statistics
Cumulative price change
23.6%
Average inflation rate
2.69% per year
Converted amount ($100 base)
$124
Price difference ($100 base)
$23.62
CPI in 2014
236.736
CPI in 2022
292.655
Inflation in 2014
1.62%
Inflation in 2022
8.00%
$100 in 2014 → 2022
$124
$100 in 2022 → 2014
$80.89
What happened to prices between 2014 and 2022
Between 2014 and 2022, the Consumer Price Index went from 236.736 to 292.655.
Cumulatively, prices increased 23.6%, which works out to an average of
2.69% per year. Put differently, a dollar in 2014 bought what
$0.81 buys in 2022: the 2014 dollar
lost 19.1% of its purchasing power over
these 8 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 2022 at the same ratio, 1.24: $1,000 becomes
$1,236, and $10,000 becomes $12,362.
Amount in 2014
Value in 2022
$1.00
$1.24
$5.00
$6.18
$10.00
$12.36
$20.00
$24.72
$50.00
$61.81
$100
$124
$500
$618
$1,000
$1,236
$5,000
$6,181
$10,000
$12,362
$100,000
$123,621
$1,000,000
$1,236,208
Inflation by spending category, 2014–2022
Between 2014 and 2022, housing rose the most, up 29.0%, while apparel fell 0.3%, against 23.6% for all items. The headline number is an average; here is what $100 of 2014
spending costs in 2022, by category:
Category
Avg. yearly inflation
$100 in 2014 →
All items (CPI-U)
2.69%
$124
Housing
3.23%
$129
Food
2.91%
$126
Medical care
2.89%
$126
Core (all items less food & energy)
2.70%
$124
Transportation
2.66%
$123
Energy
2.56%
$122
Recreation
1.57%
$113
Education & communication
0.56%
$105
Apparel
-0.04%
$99.66
Decade by decade: 2014 to 2022
Prices climbed fastest in the 2020s, averaging 6.34% a year, and slowest in the 2010s (1.50% a year). Each step below chains into the full 2014–2022 change:
Years
Avg. yearly inflation
Price change
$100 from 2014, at end
2014–2020
1.50%
9.3%
$109
2020–2022
6.34%
13.1%
$124
Year by year: CPI and the value of $100 from 2014
$100 from 2014 had already become $106 by
2018, on its way to $124 in 2022; 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 2022, prices rose 8.0% and $100 from 2014 had the buying
power of $124; the year's average CPI of 292.655 is the level
behind every 2022 figure on this page.
2022 was the year inflation returned. Consumer prices rose 8.0% on average,
the worst since 1981, driven by pandemic-era supply chains, stimulus-fueled
demand, and an energy shock from the war in Ukraine. Gas briefly topped $5 a
gallon nationally for the first time ever, and “inflation” became the
top-ranked economic concern in nearly every poll of American households.
MLA: “Inflation from 2014 to 2022: $100 is worth $124 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/2014-to-2022/
APA: InflationCalculator.com. Inflation from 2014 to 2022. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/2014-to-2022/