U.S. inflation · 2021–2022
$100 in 2021 has the same buying power as
$108
in 2022
| Cumulative price change | 8.0% |
|---|---|
| Average inflation rate | 8.00% per year |
| Converted amount ($100 base) | $108 |
| Price difference ($100 base) | $8.00 |
| CPI in 2021 | 270.97 |
| CPI in 2022 | 292.655 |
| Inflation in 2021 | 4.70% |
| Inflation in 2022 | 8.00% |
| $100 in 2021 → 2022 | $108 |
| $100 in 2022 → 2021 | $92.59 |
Between 2021 and 2022, the Consumer Price Index went from 270.97 to 292.655. Cumulatively, prices increased 8.0%, which works out to an average of 8.00% per year. Put differently, a dollar in 2021 bought what $0.93 buys in 2022.
| Amount in 2021 | Value in 2022 |
|---|---|
| $1.00 | $1.08 |
| $5.00 | $5.40 |
| $10.00 | $10.80 |
| $20.00 | $21.60 |
| $50.00 | $54.00 |
| $100 | $108 |
| $500 | $540 |
| $1,000 | $1,080 |
| $5,000 | $5,400 |
| $10,000 | $10,800 |
| $100,000 | $108,003 |
| $1,000,000 | $1,080,027 |
The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 2021 spending costs in 2022, by category:
| Category | Avg. yearly inflation | $100 in 2021 → |
|---|---|---|
| All items (CPI-U) | 8.00% | $108 |
| Energy | 25.15% | $125 |
| Transportation | 15.47% | $115 |
| Food | 9.95% | $110 |
| Housing | 7.15% | $107 |
| Core (all items less food & energy) | 6.15% | $106 |
| Apparel | 5.03% | $105 |
| Recreation | 4.53% | $105 |
| Medical care | 4.05% | $104 |
| Education & communication | 0.83% | $101 |
| Year | CPI | Inflation rate | $100 from 2021 |
|---|---|---|---|
| 2021 | 270.97 | 4.7% | $100 |
| 2022 | 292.655 | 8.0% | $108 |
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 2021 to 2022: $100 is worth $108 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/2021-to-2022/
APA: InflationCalculator.com. Inflation from 2021 to 2022. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/2021-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.