Between 2016 and 2018, the Consumer Price Index went from 240.007 to 251.107.
Cumulatively, prices increased 4.6%, which works out to an average of
2.29% per year. Put differently, a dollar in 2016 bought what
$0.96 buys in 2018.
Common amounts: 2016 dollars in 2018
Amount in 2016
Value in 2018
$1.00
$1.05
$5.00
$5.23
$10.00
$10.46
$20.00
$20.92
$50.00
$52.31
$100
$105
$500
$523
$1,000
$1,046
$5,000
$5,231
$10,000
$10,462
$100,000
$104,625
$1,000,000
$1,046,249
Inflation by spending category, 2016–2018
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 2016 spending costs in 2018, by category:
MLA: “Inflation from 2016 to 2018: $100 is worth $105 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/2016-to-2018/
APA: InflationCalculator.com. Inflation from 2016 to 2018. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/2016-to-2018/