U.S. inflation · 2022–2024

Value of $100 in 2022, adjusted to 2024

$100 in 2022 has the same buying power as

$107

in 2024

$100$104$107202220232024$100 · 2022$107 · 2024
Detailed inflation statistics
Cumulative price change7.2%
Average inflation rate3.53% per year
Converted amount ($100 base)$107
Price difference ($100 base)$7.19
CPI in 2022292.655
CPI in 2024313.689
Inflation in 20228.00%
Inflation in 20242.95%
$100 in 20222024$107
$100 in 20242022$93.29

What happened to prices between 2022 and 2024

Between 2022 and 2024, the Consumer Price Index went from 292.655 to 313.689. Cumulatively, prices increased 7.2%, which works out to an average of 3.53% per year. Put differently, a dollar in 2022 bought what $0.93 buys in 2024.

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.

More about inflation in 2022 →

Common amounts: 2022 dollars in 2024

Amount in 2022Value in 2024
$1.00$1.07
$5.00$5.36
$10.00$10.72
$20.00$21.44
$50.00$53.59
$100$107
$500$536
$1,000$1,072
$5,000$5,359
$10,000$10,719
$100,000$107,187
$1,000,000$1,071,873

Inflation by spending category, 2022–2024

The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 2022 spending costs in 2024, by category:

Category Avg. yearly inflation $100 in 2022 →
All items (CPI-U) 3.53% $107
Housing 5.40% $111
Core (all items less food & energy) 4.11% $108
Food 3.99% $108
Recreation 2.76% $106
Apparel 1.72% $103
Medical care 1.57% $103
Transportation 0.81% $102
Education & communication 0.78% $102
Energy -3.19% $93.72

Year by year: CPI and the value of $100 from 2022

Year CPI Inflation rate $100 from 2022
2022 292.655 8.0% $100
2023 304.702 4.1% $104
2024 313.689 2.9% $107

Cite this page

MLA: “Inflation from 2022 to 2024: $100 is worth $107 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/2022-to-2024/

APA: InflationCalculator.com. Inflation from 2022 to 2024. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/2022-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.