$100 in 2014 is worth $133 in 2024,
because prices increased 32.5% over that period, an average of
2.85% a year.
$100 in 2014 has
the same buying power as
$133
in 2024
Detailed inflation statistics
Cumulative price change
32.5%
Average inflation rate
2.85% per year
Converted amount ($100 base)
$133
Price difference ($100 base)
$32.51
CPI in 2014
236.736
CPI in 2024
313.689
Inflation in 2014
1.62%
Inflation in 2024
2.95%
$100 in 2014 → 2024
$133
$100 in 2024 → 2014
$75.47
What happened to prices between 2014 and 2024
Between 2014 and 2024, the Consumer Price Index went from 236.736 to 313.689.
Cumulatively, prices increased 32.5%, which works out to an average of
2.85% per year. Put differently, a dollar in 2014 bought what
$0.75 buys in 2024: the 2014 dollar
lost 24.5% of its purchasing power over
these 10 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 2024 at the same ratio, 1.33: $1,000 becomes
$1,325, and $10,000 becomes $13,251.
Amount in 2014
Value in 2024
$1.00
$1.33
$5.00
$6.63
$10.00
$13.25
$20.00
$26.50
$50.00
$66.25
$100
$133
$500
$663
$1,000
$1,325
$5,000
$6,625
$10,000
$13,251
$100,000
$132,506
$1,000,000
$1,325,058
Inflation by spending category, 2014–2024
Between 2014 and 2024, housing rose the most, up 43.3%, while apparel rose the least, up 3.1%, against 32.5% for all items. The headline number is an average; here is what $100 of 2014
spending costs in 2024, by category:
Category
Avg. yearly inflation
$100 in 2014 →
All items (CPI-U)
2.85%
$133
Housing
3.66%
$143
Food
3.13%
$136
Core (all items less food & energy)
2.98%
$134
Medical care
2.62%
$130
Transportation
2.29%
$125
Recreation
1.80%
$120
Energy
1.39%
$115
Education & communication
0.60%
$106
Apparel
0.31%
$103
Decade by decade: 2014 to 2024
Prices climbed fastest in the 2020s, averaging 4.93% a year, and slowest in the 2010s (1.50% a year). Each step below chains into the full 2014–2024 change:
Years
Avg. yearly inflation
Price change
$100 from 2014, at end
2014–2020
1.50%
9.3%
$109
2020–2024
4.93%
21.2%
$133
Year by year: CPI and the value of $100 from 2014
$100 from 2014 had already become $108 by
2019, on its way to $133 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 2014 had the buying
power of $133; 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 2014 to 2024: $100 is worth $133 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/2014-to-2024/
APA: InflationCalculator.com. Inflation from 2014 to 2024. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/2014-to-2024/