U.S. inflation · 2016–2022
$100 in 2016 has the same buying power as
$122
in 2022
| Cumulative price change | 21.9% |
|---|---|
| Average inflation rate | 3.36% per year |
| Converted amount ($100 base) | $122 |
| Price difference ($100 base) | $21.94 |
| CPI in 2016 | 240.007 |
| CPI in 2022 | 292.655 |
| Inflation in 2016 | 1.26% |
| Inflation in 2022 | 8.00% |
| $100 in 2016 → 2022 | $122 |
| $100 in 2022 → 2016 | $82.01 |
Between 2016 and 2022, the Consumer Price Index went from 240.007 to 292.655. Cumulatively, prices increased 21.9%, which works out to an average of 3.36% per year. Put differently, a dollar in 2016 bought what $0.82 buys in 2022.
| Amount in 2016 | Value in 2022 |
|---|---|
| $1.00 | $1.22 |
| $5.00 | $6.10 |
| $10.00 | $12.19 |
| $20.00 | $24.39 |
| $50.00 | $60.97 |
| $100 | $122 |
| $500 | $610 |
| $1,000 | $1,219 |
| $5,000 | $6,097 |
| $10,000 | $12,194 |
| $100,000 | $121,936 |
| $1,000,000 | $1,219,360 |
The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 2016 spending costs in 2022, by category:
| Category | Avg. yearly inflation | $100 in 2016 → |
|---|---|---|
| All items (CPI-U) | 3.36% | $122 |
| Energy | 7.85% | $157 |
| Transportation | 5.34% | $137 |
| Housing | 3.55% | $123 |
| Food | 3.53% | $123 |
| Core (all items less food & energy) | 2.92% | $119 |
| Medical care | 2.78% | $118 |
| Recreation | 1.88% | $112 |
| Education & communication | 0.55% | $103 |
| Apparel | 0.14% | $101 |
| Year | CPI | Inflation rate | $100 from 2016 |
|---|---|---|---|
| 2016 | 240.007 | 1.3% | $100 |
| 2017 | 245.12 | 2.1% | $102 |
| 2018 | 251.107 | 2.4% | $105 |
| 2019 | 255.657 | 1.8% | $107 |
| 2020 | 258.811 | 1.2% | $108 |
| 2021 | 270.97 | 4.7% | $113 |
| 2022 | 292.655 | 8.0% | $122 |
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 2016 to 2022: $100 is worth $122 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/2016-to-2022/
APA: InflationCalculator.com. Inflation from 2016 to 2022. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/2016-to-2022/
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.