The inflation rate for consumer prices in the United States of America moved over the past 62 years between -0.4% and 13.5%. For 2022, an inflation rate of 8.0% was calculated.
During the observation period from 1960 to 2022, the average inflation rate was 3.8% per year. Overall, the price increase was 903.96%. An item that cost 100 dollars in 1960 costs 1,003.96 dollars at the beginning of 2023.
For November 2023, the year-over-year inflation rate was 3.1%.
Performance over the last 62 years compared to the European Union
In only a few countries are negative inflation rates achieved. This means that the general price level is declining and consumer prices get cheaper. This is called deflation. In comparison to most other countries, the drastic price increases are no longer average. Usually this is a sign of political and economic turmoil.
Performance based on 100% in 1959:
Inflation calculator for the United States of America
Enter any amount, a start year and an end year here. You will then be shown the amount that resulted from the original amount after inflation.
100 dollars in 1960 will still be 100 dollars in 2023. The nominal value does not change. What does change, is the purchasing power. In other words, the amount of goods that can be bought with this money. As inflation increases, this amount decreases.
Example: The purchasing power of 100 dollars in 1960 corresponds to that of 1,003.96 dollars at the beginning of 2023. Conversely, in 1960 you could buy as much with 86.78 dollars as you can today with 100 dollars.
Inflation rates for consumer goods in the United States of America
Energy and food
Historical inflation rates in comparison
| Year | United States of America | Ø EU | Ø World |
|---|---|---|---|
| 2022 | 8.00 % | 8.83 % | 7.97 % |
| 2021 | 4.70 % | 2.55 % | 3.47 % |
| 2020 | 1.23 % | 0.48 % | 1.92 % |
| 2019 | 1.81 % | 1.63 % | 2.21 % |
| 2018 | 2.44 % | 1.74 % | 2.44 % |
| 2017 | 2.13 % | 1.43 % | 2.22 % |
| 2016 | 1.26 % | 0.18 % | 1.60 % |
| 2015 | 0.12 % | -0.06 % | 1.44 % |
| 2014 | 1.62 % | 0.20 % | 2.35 % |
| 2013 | 1.46 % | 1.22 % | 2.62 % |
| 2012 | 2.07 % | 2.66 % | 3.73 % |
| 2011 | 3.16 % | 3.29 % | 4.82 % |
| 2010 | 1.64 % | 1.53 % | 3.35 % |
| 2009 | -0.36 % | 0.84 % | 2.94 % |
| 2008 | 3.84 % | 4.16 % | 8.95 % |
| 2007 | 2.85 % | 2.51 % | 4.82 % |
| 2006 | 3.23 % | 2.67 % | 4.28 % |
| 2005 | 3.39 % | 2.49 % | 4.11 % |
| 2004 | 2.68 % | 2.29 % | 3.38 % |
| 2003 | 2.27 % | 2.09 % | 3.03 % |
| 2002 | 1.59 % | 2.42 % | 2.83 % |
| 2001 | 2.83 % | 3.37 % | 3.84 % |
| 2000 | 3.38 % | 3.15 % | 3.49 % |
| 1999 | 2.19 % | 2.16 % | 3.08 % |
| 1998 | 1.55 % | 2.42 % | 5.11 % |
| 1997 | 2.34 % | 3.11 % | 5.57 % |
| 1996 | 2.93 % | 3.56 % | 6.55 % |
| 1995 | 2.81 % | 4.43 % | 9.15 % |
| 1994 | 2.61 % | 4.72 % | 10.32 % |
| 1993 | 2.95 % | 4.85 % | 7.51 % |
| 1992 | 3.03 % | 6.22 % | 7.71 % |
| 1991 | 4.23 % | 5.48 % | 9.00 % |
| 1990 | 5.40 % | 6.15 % | 8.13 % |
| 1989 | 4.83 % | 6.26 % | 7.00 % |
| 1988 | 4.08 % | 4.54 % | 7.15 % |
| 1987 | 3.66 % | 4.02 % | 5.76 % |
| 1986 | 1.90 % | 3.68 % | 5.82 % |
| 1985 | 3.55 % | 5.40 % | 6.86 % |
| 1984 | 4.30 % | 7.67 % | 8.12 % |
| 1983 | 3.21 % | 8.67 % | 8.77 % |
| 1982 | 6.13 % | 9.58 % | 10.24 % |
| 1981 | 10.33 % | 11.77 % | 12.47 % |
| 1980 | 13.55 % | 12.91 % | 13.98 % |
| 1979 | 11.25 % | 8.22 % | n/a |
| 1978 | 7.63 % | 7.76 % | n/a |
| 1977 | 6.50 % | 9.77 % | n/a |
| 1976 | 5.74 % | 9.35 % | n/a |
| 1975 | 9.14 % | 10.47 % | n/a |
| 1974 | 11.05 % | 13.16 % | n/a |
| 1973 | 6.18 % | 7.75 % | n/a |
| 1972 | 3.27 % | 6.01 % | n/a |
| 1971 | 4.29 % | 5.24 % | n/a |
| 1970 | 5.84 % | 4.51 % | n/a |
| 1969 | 5.46 % | 2.67 % | n/a |
| 1968 | 4.27 % | 3.24 % | n/a |
| 1967 | 2.77 % | 3.32 % | n/a |
| 1966 | 3.02 % | 3.70 % | n/a |
| 1965 | 1.59 % | 3.99 % | n/a |
| 1964 | 1.28 % | 3.42 % | n/a |
| 1963 | 1.24 % | 2.92 % | n/a |
| 1962 | 1.20 % | 3.55 % | n/a |
| 1961 | 1.07 % | 2.08 % | n/a |
| 1960 | 1.46 % | 1.74 % | n/a |
Data basis: International Monetary Fund, World Bank and OECD Inflation CPI indicator (doi:10.1787/eee82e6e-en)
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