According to U.S. Labor Department data published March 10, the annual inflation rate in the United States was 7.9 percent for the 12 months ended February 2022, the highest since January 1982 and after reaching 7.5 percent earlier. On April 12, at 8:30 a.m. ET, the next inflation update will be released. It will provide the inflation rate for the 12-month period ending March 2022.
Annual US inflation rates are shown in the chart and table below for calendar years 2000 to 2022. (Historical inflation rates can be found here.) The US Inflation Calculator can be used to calculate accumulated rates between two separate dates.
What has been the average inflation rate over the previous 20 years?
The average yearly inflation rate is 3.10 percent, as shown in the first graph. That doesn’t seem so bad until we consider that prices will double every 20 years at that rate. That means that average prices have doubled every two bars on the chart, or nearly 5 times since they began keeping statistics.
What has been the rate of inflation since 2015?
Between 2015 and present, the dollar saw an average annual inflation rate of 2.60 percent, resulting in a total price increase of 19.70 percent. According to the Bureau of Labor Statistics consumer price index, today’s prices are 1.20 times higher than average prices since 2015.
In the year 2000, how much was $100 worth?
In terms of purchasing power, $100 in 2000 is equivalent to around $164.76 today, a $64.76 rise in 22 years. Between 2000 to present, the dollar saw an average annual inflation rate of 2.30 percent, resulting in a 64.76 percent price increase.
What is the current value of $50,000 in 2010?
In terms of purchasing power, $50,000 in 2010 is equivalent to around $64,466.93 now, a $14,466.93 rise in 12 years. Between 2010 and present, the dollar saw an average annual inflation rate of 2.14 percent, resulting in a total price increase of 28.93 percent. In 2010, the inflation rate was 1.64 percent.
In 2009, how much was $1 worth?
In terms of purchasing power, $1 in 2009 is comparable to around $1.32 now, a $0.32 rise in 13 years. Between 2009 and present, the dollar saw an average annual inflation rate of 2.17 percent, resulting in a 32.25 percent price increase.
What will be the rate of inflation from 2016 to 2020?
Between 2016 and present, the dollar saw an average annual inflation rate of 2.83 percent, resulting in a total price increase of 18.21 percent. According to the Bureau of Labor Statistics consumer price index, today’s prices are 1.18 times higher than the average since 2016.