U.S. inflation · 2019–2023
$100 in 2019 has the same buying power as
$119
in 2023
| Cumulative price change | 19.2% |
|---|---|
| Average inflation rate | 4.49% per year |
| Converted amount ($100 base) | $119 |
| Price difference ($100 base) | $19.18 |
| CPI in 2019 | 255.657 |
| CPI in 2023 | 304.702 |
| Inflation in 2019 | 1.81% |
| Inflation in 2023 | 4.12% |
| $100 in 2019 → 2023 | $119 |
| $100 in 2023 → 2019 | $83.90 |
Between 2019 and 2023, the Consumer Price Index went from 255.657 to 304.702. Cumulatively, prices increased 19.2%, which works out to an average of 4.49% per year. Put differently, a dollar in 2019 bought what $0.84 buys in 2023.
| Amount in 2019 | Value in 2023 |
|---|---|
| $1.00 | $1.19 |
| $5.00 | $5.96 |
| $10.00 | $11.92 |
| $20.00 | $23.84 |
| $50.00 | $59.59 |
| $100 | $119 |
| $500 | $596 |
| $1,000 | $1,192 |
| $5,000 | $5,959 |
| $10,000 | $11,918 |
| $100,000 | $119,184 |
| $1,000,000 | $1,191,839 |
The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 2019 spending costs in 2023, by category:
| Category | Avg. yearly inflation | $100 in 2019 → |
|---|---|---|
| All items (CPI-U) | 4.49% | $119 |
| Energy | 7.10% | $132 |
| Transportation | 6.18% | $127 |
| Food | 5.74% | $125 |
| Housing | 4.75% | $120 |
| Core (all items less food & energy) | 4.04% | $117 |
| Recreation | 3.07% | $113 |
| Medical care | 2.45% | $110 |
| Education & communication | 1.32% | $105 |
| Apparel | 1.29% | $105 |
| Year | CPI | Inflation rate | $100 from 2019 |
|---|---|---|---|
| 2019 | 255.657 | 1.8% | $100 |
| 2020 | 258.811 | 1.2% | $101 |
| 2021 | 270.97 | 4.7% | $106 |
| 2022 | 292.655 | 8.0% | $114 |
| 2023 | 304.702 | 4.1% | $119 |
MLA: “Inflation from 2019 to 2023: $100 is worth $119 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/2019-to-2023/
APA: InflationCalculator.com. Inflation from 2019 to 2023. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/2019-to-2023/
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.