U.S. inflation · 2018–2024
$100 in 2018 has the same buying power as
$125
in 2024
| Cumulative price change | 24.9% |
|---|---|
| Average inflation rate | 3.78% per year |
| Converted amount ($100 base) | $125 |
| Price difference ($100 base) | $24.92 |
| CPI in 2018 | 251.107 |
| CPI in 2024 | 313.689 |
| Inflation in 2018 | 2.44% |
| Inflation in 2024 | 2.95% |
| $100 in 2018 → 2024 | $125 |
| $100 in 2024 → 2018 | $80.05 |
Between 2018 and 2024, the Consumer Price Index went from 251.107 to 313.689. Cumulatively, prices increased 24.9%, which works out to an average of 3.78% per year. Put differently, a dollar in 2018 bought what $0.80 buys in 2024.
| Amount in 2018 | Value in 2024 |
|---|---|
| $1.00 | $1.25 |
| $5.00 | $6.25 |
| $10.00 | $12.49 |
| $20.00 | $24.98 |
| $50.00 | $62.46 |
| $100 | $125 |
| $500 | $625 |
| $1,000 | $1,249 |
| $5,000 | $6,246 |
| $10,000 | $12,492 |
| $100,000 | $124,922 |
| $1,000,000 | $1,249,224 |
The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 2018 spending costs in 2024, by category:
| Category | Avg. yearly inflation | $100 in 2018 → |
|---|---|---|
| All items (CPI-U) | 3.78% | $125 |
| Food | 4.50% | $130 |
| Housing | 4.37% | $129 |
| Transportation | 4.27% | $128 |
| Energy | 4.08% | $127 |
| Core (all items less food & energy) | 3.63% | $124 |
| Medical care | 2.55% | $116 |
| Recreation | 2.51% | $116 |
| Education & communication | 1.10% | $107 |
| Apparel | 0.76% | $105 |
| Year | CPI | Inflation rate | $100 from 2018 |
|---|---|---|---|
| 2018 | 251.107 | 2.4% | $100 |
| 2019 | 255.657 | 1.8% | $102 |
| 2020 | 258.811 | 1.2% | $103 |
| 2021 | 270.97 | 4.7% | $108 |
| 2022 | 292.655 | 8.0% | $117 |
| 2023 | 304.702 | 4.1% | $121 |
| 2024 | 313.689 | 2.9% | $125 |
MLA: “Inflation from 2018 to 2024: $100 is worth $125 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/2018-to-2024/
APA: InflationCalculator.com. Inflation from 2018 to 2024. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/2018-to-2024/
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.