$100 in 2015 is worth $132 in 2024,
because prices increased 32.3% over that period, an average of
3.16% a year.
$100 in 2015 has
the same buying power as
$132
in 2024
Detailed inflation statistics
Cumulative price change
32.3%
Average inflation rate
3.16% per year
Converted amount ($100 base)
$132
Price difference ($100 base)
$32.35
CPI in 2015
237.017
CPI in 2024
313.689
Inflation in 2015
0.12%
Inflation in 2024
2.95%
$100 in 2015 → 2024
$132
$100 in 2024 → 2015
$75.56
What happened to prices between 2015 and 2024
Between 2015 and 2024, the Consumer Price Index went from 237.017 to 313.689.
Cumulatively, prices increased 32.3%, which works out to an average of
3.16% per year. Put differently, a dollar in 2015 bought what
$0.76 buys in 2024: the 2015 dollar
lost 24.4% of its purchasing power over
these 9 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 2024 at the same ratio, 1.32: $1,000 becomes
$1,323, and $10,000 becomes $13,235.
Amount in 2015
Value in 2024
$1.00
$1.32
$5.00
$6.62
$10.00
$13.23
$20.00
$26.47
$50.00
$66.17
$100
$132
$500
$662
$1,000
$1,323
$5,000
$6,617
$10,000
$13,235
$100,000
$132,349
$1,000,000
$1,323,487
Inflation by spending category, 2015–2024
Between 2015 and 2024, housing rose the most, up 40.4%, while apparel rose the least, up 4.4%, against 32.3% for all items. The headline number is an average; here is what $100 of 2015
spending costs in 2024, by category:
Category
Avg. yearly inflation
$100 in 2015 →
All items (CPI-U)
3.16%
$132
Housing
3.84%
$140
Energy
3.62%
$138
Transportation
3.47%
$136
Food
3.27%
$134
Core (all items less food & energy)
3.10%
$132
Medical care
2.62%
$126
Recreation
1.97%
$119
Education & communication
0.62%
$106
Apparel
0.48%
$104
Decade by decade: 2015 to 2024
Prices climbed fastest in the 2020s, averaging 4.93% a year, and slowest in the 2010s (1.77% a year). Each step below chains into the full 2015–2024 change:
Years
Avg. yearly inflation
Price change
$100 from 2015, at end
2015–2020
1.77%
9.2%
$109
2020–2024
4.93%
21.2%
$132
Year by year: CPI and the value of $100 from 2015
$100 from 2015 had already become $108 by
2019, on its way to $132 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 1.2% in 2020.
In 2024, prices rose 2.9% and $100 from 2015 had the buying
power of $132; 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 2015 to 2024: $100 is worth $132 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/2015-to-2024/
APA: InflationCalculator.com. Inflation from 2015 to 2024. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/2015-to-2024/