$100 in 2018 is worth $117 in 2022,
because prices increased 16.5% over that period, an average of
3.90% a year.
$100 in 2018 has
the same buying power as
$117
in 2022
Detailed inflation statistics
Cumulative price change
16.5%
Average inflation rate
3.90% per year
Converted amount ($100 base)
$117
Price difference ($100 base)
$16.55
CPI in 2018
251.107
CPI in 2022
292.655
Inflation in 2018
2.44%
Inflation in 2022
8.00%
$100 in 2018 → 2022
$117
$100 in 2022 → 2018
$85.80
What happened to prices between 2018 and 2022
Between 2018 and 2022, the Consumer Price Index went from 251.107 to 292.655.
Cumulatively, prices increased 16.5%, which works out to an average of
3.90% per year. Put differently, a dollar in 2018 bought what
$0.86 buys in 2022: the 2018 dollar
lost 14.2% of its purchasing power over
these 4 years.
2018 was the peak of the late-2010s expansion. Consumer prices rose 2.4%,
the fastest since 2011, with gasoline averaging $2.72 a gallon after a summer
high. Unemployment fell to 3.7% in September, the lowest since 1969, and median
household income reached $63,179. The median new home sold for about $331,800,
and a first-class stamp cost 50 cents. The federal minimum wage was still $7.25.
Trade policy became a price factor for the first time in decades. New tariffs
on steel, aluminum, and a growing list of Chinese goods raised costs for
manufacturers and some consumer products, and retaliation cut into exports of
soybeans and other farm goods.
The Federal Reserve, led from February by Jerome Powell, raised rates four
times to 2.25–2.50%. A stock-market drop of nearly 20% in the fourth quarter
led the Fed to signal a pause in early 2019. Oil fell from over $75 a barrel in
October to below $50 by December, which pulled headline inflation lower going
into the next year.
Every 2018 amount converts to 2022 at the same ratio, 1.17: $1,000 becomes
$1,165, and $10,000 becomes $11,655.
Amount in 2018
Value in 2022
$1.00
$1.17
$5.00
$5.83
$10.00
$11.65
$20.00
$23.31
$50.00
$58.27
$100
$117
$500
$583
$1,000
$1,165
$5,000
$5,827
$10,000
$11,655
$100,000
$116,546
$1,000,000
$1,165,459
Inflation by spending category, 2018–2022
Between 2018 and 2022, energy rose the most, up 35.6%, while apparel rose the least, up 1.1%, against 16.5% for all items. The headline number is an average; here is what $100 of 2018
spending costs in 2022, by category:
Category
Avg. yearly inflation
$100 in 2018 →
All items (CPI-U)
3.90%
$117
Energy
7.91%
$136
Transportation
6.04%
$126
Food
4.76%
$120
Housing
3.86%
$116
Core (all items less food & energy)
3.39%
$114
Medical care
3.05%
$113
Recreation
2.38%
$110
Education & communication
1.26%
$105
Apparel
0.28%
$101
Decade by decade: 2018 to 2022
Prices climbed fastest in the 2020s, averaging 6.34% a year, and slowest in the 2010s (1.52% a year). Each step below chains into the full 2018–2022 change:
Years
Avg. yearly inflation
Price change
$100 from 2018, at end
2018–2020
1.52%
3.1%
$103
2020–2022
6.34%
13.1%
$117
Year by year: CPI and the value of $100 from 2018
$100 from 2018 had already become $103 by
2020, on its way to $117 in 2022; 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 2022, prices rose 8.0% and $100 from 2018 had the buying
power of $117; the year's average CPI of 292.655 is the level
behind every 2022 figure on this page.
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 2018 to 2022: $100 is worth $117 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/2018-to-2022/
APA: InflationCalculator.com. Inflation from 2018 to 2022. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/2018-to-2022/