$100 in 2023 is worth $106 in 2025,
because prices increased 5.7% over that period, an average of
2.79% a year.
$100 in 2023 has
the same buying power as
$106
in 2025
Detailed inflation statistics
Cumulative price change
5.7%
Average inflation rate
2.79% per year
Converted amount ($100 base)
$106
Price difference ($100 base)
$5.66
CPI in 2023
304.702
CPI in 2025
321.943
Inflation in 2023
4.12%
Inflation in 2025
2.63%
$100 in 2023 → 2025
$106
$100 in 2025 → 2023
$94.64
What happened to prices between 2023 and 2025
Between 2023 and 2025, the Consumer Price Index went from 304.702 to 321.943.
Cumulatively, prices increased 5.7%, which works out to an average of
2.79% per year. Put differently, a dollar in 2023 bought what
$0.95 buys in 2025: the 2023 dollar
lost 5.4% of its purchasing power over
these 2 years.
2023 was the year inflation came down without a recession. Consumer prices
rose 4.1% on average, roughly half of 2022’s 8.0%, and the December-to-December
rate fell to 3.4%. Gasoline averaged $3.52 a gallon, well below the 2022
average, and supply-chain pressure on goods eased. Shelter, restaurant meals,
and other services stayed expensive, so the CPI kept rising at a rate well
above the pre-pandemic pace.
The Federal Reserve completed its rate-hiking campaign in July, taking the
policy rate to 5.25–5.50%, the highest level in 22 years. The effects showed
up in banking: Silicon Valley Bank failed in March after rate increases eroded
the value of its bond portfolio, the second-largest bank failure in U.S.
history at the time. Despite that, unemployment stayed under 4% all year.
Median household income was $80,610 according to the Census Bureau. The
federal minimum wage stayed at $7.25, and a first-class stamp rose to 66 cents
in July.
Every 2023 amount converts to 2025 at the same ratio, 1.06: $1,000 becomes
$1,057, and $10,000 becomes $10,566.
Amount in 2023
Value in 2025
$1.00
$1.06
$5.00
$5.28
$10.00
$10.57
$20.00
$21.13
$50.00
$52.83
$100
$106
$500
$528
$1,000
$1,057
$5,000
$5,283
$10,000
$10,566
$100,000
$105,658
$1,000,000
$1,056,583
Inflation by spending category, 2023–2025
Between 2023 and 2025, housing rose the most, up 8.3%, while energy fell 1.4%, against 5.7% for all items. The headline number is an average; here is what $100 of 2023
spending costs in 2025, by category:
Category
Avg. yearly inflation
$100 in 2023 →
All items (CPI-U)
2.79%
$106
Housing
4.06%
$108
Core (all items less food & energy)
3.14%
$106
Medical care
2.79%
$106
Food
2.53%
$105
Recreation
1.81%
$104
Transportation
0.96%
$102
Education & communication
0.53%
$101
Apparel
0.28%
$101
Energy
-0.70%
$98.61
Year by year: CPI and the value of $100 from 2023
$100 from 2023 had already become $103 by
2024, on its way to $106 in 2025; each row shows the CPI, that
year's inflation rate, and the running value.
Within the span, inflation peaked at 2.9% in 2024, and the smallest rise was 2.6% in 2025.
In 2025, prices rose 2.6% and $100 from 2023 had the buying
power of $106; the year's average CPI of 321.943 is the level
behind every 2025 figure on this page.
2025 was a year of trade policy and data disruptions rather than an
inflation surge. Consumer prices rose 2.6% on average, a step down from
2024’s 2.9% and well below the 8.0% of 2022. Tariffs announced in April
pushed up prices for some imported goods, including furniture, apparel, and
auto parts, but the effect on the overall index was smaller than many
forecasters feared at the start of the year, in part because retailers
absorbed some of the cost and demand for services stayed steady.
The Federal Reserve held its policy rate steady through the first half of the
year, then began cutting again in September, lowering it in three quarter-point
steps to 3.50–3.75% by December.
The federal government shutdown that began October 1 lasted 43 days, and the
Bureau of Labor Statistics did not publish a CPI for October 2025 because the
survey data could not be collected. The federal minimum wage stayed at $7.25,
and a first-class stamp rose to 78 cents in July.
MLA: “Inflation from 2023 to 2025: $100 is worth $106 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/2023-to-2025/
APA: InflationCalculator.com. Inflation from 2023 to 2025. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/2023-to-2025/