U.S. inflation · 2016–2017
$100 in 2016 has the same buying power as
$102
in 2017
| Cumulative price change | 2.1% |
|---|---|
| Average inflation rate | 2.13% per year |
| Converted amount ($100 base) | $102 |
| Price difference ($100 base) | $2.13 |
| CPI in 2016 | 240.007 |
| CPI in 2017 | 245.12 |
| Inflation in 2016 | 1.26% |
| Inflation in 2017 | 2.13% |
| $100 in 2016 → 2017 | $102 |
| $100 in 2017 → 2016 | $97.91 |
Between 2016 and 2017, the Consumer Price Index went from 240.007 to 245.12. Cumulatively, prices increased 2.1%, which works out to an average of 2.13% per year. Put differently, a dollar in 2016 bought what $0.98 buys in 2017.
| Amount in 2016 | Value in 2017 |
|---|---|
| $1.00 | $1.02 |
| $5.00 | $5.11 |
| $10.00 | $10.21 |
| $20.00 | $20.43 |
| $50.00 | $51.07 |
| $100 | $102 |
| $500 | $511 |
| $1,000 | $1,021 |
| $5,000 | $5,107 |
| $10,000 | $10,213 |
| $100,000 | $102,130 |
| $1,000,000 | $1,021,304 |
The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 2016 spending costs in 2017, by category:
| Category | Avg. yearly inflation | $100 in 2016 → |
|---|---|---|
| All items (CPI-U) | 2.13% | $102 |
| Energy | 7.92% | $108 |
| Transportation | 3.42% | $103 |
| Housing | 2.97% | $103 |
| Medical care | 2.51% | $103 |
| Core (all items less food & energy) | 1.84% | $102 |
| Recreation | 1.30% | $101 |
| Food | 0.86% | $101 |
| Apparel | -0.34% | $99.66 |
| Education & communication | -1.89% | $98.11 |
| Year | CPI | Inflation rate | $100 from 2016 |
|---|---|---|---|
| 2016 | 240.007 | 1.3% | $100 |
| 2017 | 245.12 | 2.1% | $102 |
MLA: “Inflation from 2016 to 2017: $100 is worth $102 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/2016-to-2017/
APA: InflationCalculator.com. Inflation from 2016 to 2017. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/2016-to-2017/
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.