U.S. inflation · 2015–2023
$100 in 2015 has the same buying power as
$129
in 2023
| Cumulative price change | 28.6% |
|---|---|
| Average inflation rate | 3.19% per year |
| Converted amount ($100 base) | $129 |
| Price difference ($100 base) | $28.56 |
| CPI in 2015 | 237.017 |
| CPI in 2023 | 304.702 |
| Inflation in 2015 | 0.12% |
| Inflation in 2023 | 4.12% |
| $100 in 2015 → 2023 | $129 |
| $100 in 2023 → 2015 | $77.79 |
Between 2015 and 2023, the Consumer Price Index went from 237.017 to 304.702. Cumulatively, prices increased 28.6%, which works out to an average of 3.19% per year. Put differently, a dollar in 2015 bought what $0.78 buys in 2023.
| Amount in 2015 | Value in 2023 |
|---|---|
| $1.00 | $1.29 |
| $5.00 | $6.43 |
| $10.00 | $12.86 |
| $20.00 | $25.71 |
| $50.00 | $64.28 |
| $100 | $129 |
| $500 | $643 |
| $1,000 | $1,286 |
| $5,000 | $6,428 |
| $10,000 | $12,856 |
| $100,000 | $128,557 |
| $1,000,000 | $1,285,570 |
The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 2015 spending costs in 2023, by category:
| Category | Avg. yearly inflation | $100 in 2015 → |
|---|---|---|
| All items (CPI-U) | 3.19% | $129 |
| Energy | 4.26% | $140 |
| Housing | 3.77% | $134 |
| Transportation | 3.74% | $134 |
| Food | 3.40% | $131 |
| Core (all items less food & energy) | 3.06% | $127 |
| Medical care | 2.61% | $123 |
| Recreation | 2.02% | $117 |
| Education & communication | 0.62% | $105 |
| Apparel | 0.46% | $104 |
| Year | CPI | Inflation rate | $100 from 2015 |
|---|---|---|---|
| 2015 | 237.017 | 0.1% | $100 |
| 2016 | 240.007 | 1.3% | $101 |
| 2017 | 245.12 | 2.1% | $103 |
| 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% | $123 |
| 2023 | 304.702 | 4.1% | $129 |
MLA: “Inflation from 2015 to 2023: $100 is worth $129 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/2015-to-2023/
APA: InflationCalculator.com. Inflation from 2015 to 2023. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/2015-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.