U.S. inflation · 2014–2023
$100 in 2014 has the same buying power as
$129
in 2023
| Cumulative price change | 28.7% |
|---|---|
| Average inflation rate | 2.84% per year |
| Converted amount ($100 base) | $129 |
| Price difference ($100 base) | $28.71 |
| CPI in 2014 | 236.736 |
| CPI in 2023 | 304.702 |
| Inflation in 2014 | 1.62% |
| Inflation in 2023 | 4.12% |
| $100 in 2014 → 2023 | $129 |
| $100 in 2023 → 2014 | $77.69 |
Between 2014 and 2023, the Consumer Price Index went from 236.736 to 304.702. Cumulatively, prices increased 28.7%, which works out to an average of 2.84% per year. Put differently, a dollar in 2014 bought what $0.78 buys in 2023.
| Amount in 2014 | Value in 2023 |
|---|---|
| $1.00 | $1.29 |
| $5.00 | $6.44 |
| $10.00 | $12.87 |
| $20.00 | $25.74 |
| $50.00 | $64.35 |
| $100 | $129 |
| $500 | $644 |
| $1,000 | $1,287 |
| $5,000 | $6,435 |
| $10,000 | $12,871 |
| $100,000 | $128,710 |
| $1,000,000 | $1,287,096 |
The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 2014 spending costs in 2023, by category:
| Category | Avg. yearly inflation | $100 in 2014 → |
|---|---|---|
| All items (CPI-U) | 2.84% | $129 |
| Housing | 3.58% | $137 |
| Food | 3.22% | $133 |
| Core (all items less food & energy) | 2.93% | $130 |
| Medical care | 2.61% | $126 |
| Transportation | 2.39% | $124 |
| Recreation | 1.84% | $118 |
| Energy | 1.69% | $116 |
| Education & communication | 0.61% | $106 |
| Apparel | 0.26% | $102 |
| Year | CPI | Inflation rate | $100 from 2014 |
|---|---|---|---|
| 2014 | 236.736 | 1.6% | $100 |
| 2015 | 237.017 | 0.1% | $100 |
| 2016 | 240.007 | 1.3% | $101 |
| 2017 | 245.12 | 2.1% | $104 |
| 2018 | 251.107 | 2.4% | $106 |
| 2019 | 255.657 | 1.8% | $108 |
| 2020 | 258.811 | 1.2% | $109 |
| 2021 | 270.97 | 4.7% | $114 |
| 2022 | 292.655 | 8.0% | $124 |
| 2023 | 304.702 | 4.1% | $129 |
MLA: “Inflation from 2014 to 2023: $100 is worth $129 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/2014-to-2023/
APA: InflationCalculator.com. Inflation from 2014 to 2023. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/2014-to-2023/
Source: U.S. Bureau of Labor Statistics, CPI-U annual averages (series CUUR0000SA0; category indexes listed on the data sources page). See how these numbers are calculated.