Between 2017 and 2022, the Consumer Price Index went from 245.12 to 292.655.
Cumulatively, prices increased 19.4%, which works out to an average of
3.61% per year. Put differently, a dollar in 2017 bought what
$0.84 buys in 2022.
Common amounts: 2017 dollars in 2022
Amount in 2017
Value in 2022
$1.00
$1.19
$5.00
$5.97
$10.00
$11.94
$20.00
$23.88
$50.00
$59.70
$100
$119
$500
$597
$1,000
$1,194
$5,000
$5,970
$10,000
$11,939
$100,000
$119,393
$1,000,000
$1,193,925
Inflation by spending category, 2017–2022
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 2017 spending costs in 2022, by category:
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 2017 to 2022: $100 is worth $119 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/2017-to-2022/
APA: InflationCalculator.com. Inflation from 2017 to 2022. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/2017-to-2022/