Between 2020 and 2021, the Consumer Price Index went from 258.811 to 270.97.
Cumulatively, prices increased 4.7%, which works out to an average of
4.70% per year. Put differently, a dollar in 2020 bought what
$0.96 buys in 2021.
Common amounts: 2020 dollars in 2021
Amount in 2020
Value in 2021
$1.00
$1.05
$5.00
$5.23
$10.00
$10.47
$20.00
$20.94
$50.00
$52.35
$100
$105
$500
$523
$1,000
$1,047
$5,000
$5,235
$10,000
$10,470
$100,000
$104,698
$1,000,000
$1,046,980
Inflation by spending category, 2020–2021
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 2020 spending costs in 2021, by category:
MLA: “Inflation from 2020 to 2021: $100 is worth $105 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/2020-to-2021/
APA: InflationCalculator.com. Inflation from 2020 to 2021. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/2020-to-2021/