U.S. inflation · 2020–2022
$100 in 2020 has the same buying power as
$113
in 2022
| Cumulative price change | 13.1% |
|---|---|
| Average inflation rate | 6.34% per year |
| Converted amount ($100 base) | $113 |
| Price difference ($100 base) | $13.08 |
| CPI in 2020 | 258.811 |
| CPI in 2022 | 292.655 |
| Inflation in 2020 | 1.23% |
| Inflation in 2022 | 8.00% |
| $100 in 2020 → 2022 | $113 |
| $100 in 2022 → 2020 | $88.44 |
Between 2020 and 2022, the Consumer Price Index went from 258.811 to 292.655. Cumulatively, prices increased 13.1%, which works out to an average of 6.34% per year. Put differently, a dollar in 2020 bought what $0.88 buys in 2022.
| Amount in 2020 | Value in 2022 |
|---|---|
| $1.00 | $1.13 |
| $5.00 | $5.65 |
| $10.00 | $11.31 |
| $20.00 | $22.62 |
| $50.00 | $56.54 |
| $100 | $113 |
| $500 | $565 |
| $1,000 | $1,131 |
| $5,000 | $5,654 |
| $10,000 | $11,308 |
| $100,000 | $113,077 |
| $1,000,000 | $1,130,767 |
The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 2020 spending costs in 2022, by category:
| Category | Avg. yearly inflation | $100 in 2020 → |
|---|---|---|
| All items (CPI-U) | 6.34% | $113 |
| Energy | 23.06% | $151 |
| Transportation | 15.01% | $132 |
| Food | 6.90% | $114 |
| Housing | 5.21% | $111 |
| Core (all items less food & energy) | 4.85% | $110 |
| Apparel | 3.74% | $108 |
| Recreation | 3.46% | $107 |
| Medical care | 2.63% | $105 |
| Education & communication | 1.24% | $102 |
| Year | CPI | Inflation rate | $100 from 2020 |
|---|---|---|---|
| 2020 | 258.811 | 1.2% | $100 |
| 2021 | 270.97 | 4.7% | $105 |
| 2022 | 292.655 | 8.0% | $113 |
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 2020 to 2022: $100 is worth $113 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/2020-to-2022/
APA: InflationCalculator.com. Inflation from 2020 to 2022. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/2020-to-2022/
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.