U.S. inflation · 2019–2024
$100 in 2019 has the same buying power as
$123
in 2024
| Cumulative price change | 22.7% |
|---|---|
| Average inflation rate | 4.18% per year |
| Converted amount ($100 base) | $123 |
| Price difference ($100 base) | $22.70 |
| CPI in 2019 | 255.657 |
| CPI in 2024 | 313.689 |
| Inflation in 2019 | 1.81% |
| Inflation in 2024 | 2.95% |
| $100 in 2019 → 2024 | $123 |
| $100 in 2024 → 2019 | $81.50 |
Between 2019 and 2024, the Consumer Price Index went from 255.657 to 313.689. Cumulatively, prices increased 22.7%, which works out to an average of 4.18% per year. Put differently, a dollar in 2019 bought what $0.82 buys in 2024.
| Amount in 2019 | Value in 2024 |
|---|---|
| $1.00 | $1.23 |
| $5.00 | $6.13 |
| $10.00 | $12.27 |
| $20.00 | $24.54 |
| $50.00 | $61.35 |
| $100 | $123 |
| $500 | $613 |
| $1,000 | $1,227 |
| $5,000 | $6,135 |
| $10,000 | $12,270 |
| $100,000 | $122,699 |
| $1,000,000 | $1,226,992 |
The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 2019 spending costs in 2024, by category:
| Category | Avg. yearly inflation | $100 in 2019 → |
|---|---|---|
| All items (CPI-U) | 4.18% | $123 |
| Energy | 5.36% | $130 |
| Transportation | 5.20% | $129 |
| Food | 5.04% | $128 |
| Housing | 4.67% | $126 |
| Core (all items less food & energy) | 3.92% | $121 |
| Recreation | 2.75% | $115 |
| Medical care | 2.50% | $113 |
| Education & communication | 1.17% | $106 |
| Apparel | 1.17% | $106 |
| 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 |
| 2024 | 313.689 | 2.9% | $123 |
MLA: “Inflation from 2019 to 2024: $100 is worth $123 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/2019-to-2024/
APA: InflationCalculator.com. Inflation from 2019 to 2024. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/2019-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.