$100 in 2015 is worth $123 in 2022,
because prices increased 23.5% over that period, an average of
3.06% a year.
$100 in 2015 has
the same buying power as
$123
in 2022
Detailed inflation statistics
Cumulative price change
23.5%
Average inflation rate
3.06% per year
Converted amount ($100 base)
$123
Price difference ($100 base)
$23.47
CPI in 2015
237.017
CPI in 2022
292.655
Inflation in 2015
0.12%
Inflation in 2022
8.00%
$100 in 2015 → 2022
$123
$100 in 2022 → 2015
$80.99
What happened to prices between 2015 and 2022
Between 2015 and 2022, the Consumer Price Index went from 237.017 to 292.655.
Cumulatively, prices increased 23.5%, which works out to an average of
3.06% per year. Put differently, a dollar in 2015 bought what
$0.81 buys in 2022: the 2015 dollar
lost 19.0% of its purchasing power over
these 7 years.
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.
Every 2015 amount converts to 2022 at the same ratio, 1.23: $1,000 becomes
$1,235, and $10,000 becomes $12,347.
Amount in 2015
Value in 2022
$1.00
$1.23
$5.00
$6.17
$10.00
$12.35
$20.00
$24.69
$50.00
$61.74
$100
$123
$500
$617
$1,000
$1,235
$5,000
$6,174
$10,000
$12,347
$100,000
$123,474
$1,000,000
$1,234,743
Inflation by spending category, 2015–2022
Between 2015 and 2022, energy rose the most, up 47.0%, while apparel rose the least, up 0.9%, against 23.5% for all items. The headline number is an average; here is what $100 of 2015
spending costs in 2022, by category:
Category
Avg. yearly inflation
$100 in 2015 →
All items (CPI-U)
3.06%
$123
Energy
5.66%
$147
Transportation
4.25%
$134
Housing
3.40%
$126
Food
3.06%
$124
Medical care
2.92%
$122
Core (all items less food & energy)
2.82%
$121
Recreation
1.74%
$113
Education & communication
0.57%
$104
Apparel
0.13%
$101
Decade by decade: 2015 to 2022
Prices climbed fastest in the 2020s, averaging 6.34% a year, and slowest in the 2010s (1.77% a year). Each step below chains into the full 2015–2022 change:
Years
Avg. yearly inflation
Price change
$100 from 2015, at end
2015–2020
1.77%
9.2%
$109
2020–2022
6.34%
13.1%
$123
Year by year: CPI and the value of $100 from 2015
$100 from 2015 had already become $106 by
2018, on its way to $123 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 1.2% in 2020.
In 2022, prices rose 8.0% and $100 from 2015 had the buying
power of $123; 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 2015 to 2022: $100 is worth $123 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/2015-to-2022/
APA: InflationCalculator.com. Inflation from 2015 to 2022. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/2015-to-2022/