1.27× price rise
Average US inflation: 3.47% a year over 7 years. Prices did not double in this span. Highest year: 2022 (8.0%). Lowest: 2020 (1.3%).
| 2016 | in 2023 | 2023 amount in 2016 money |
|---|---|---|
| $1 | $1.27 | $0.79 |
| $10 | $12.70 | $7.88 |
| $100 | $126.96 | $78.77 |
| $1,000 | $1,269.57 | $787.67 |
| $10,000 | $12,695.67 | $7,876.70 |
| $100,000 | $126,956.72 | $78,767.00 |
| Year | Value | Inflation |
|---|---|---|
| 2016 | $100.00 | |
| 2017 | $102.13 | 2.1% |
| 2018 | $104.62 | 2.4% |
| 2019 | $106.52 | 1.8% |
| 2020 | $107.85 | 1.3% |
| 2021 | $112.90 | 4.7% |
| 2022 | $121.92 | 8.0% |
| 2023 | $126.96 | 4.1% |
2016–2022 · 2016–2024 · All years
$100 in 2016 had about the same buying power as $126.96 in 2023, based on US consumer price index data.
About 3.47% per year, compounding to a 27.0% total rise in prices over 7 years.
2022 saw the largest annual rise in the index (8.0%); the lowest was 2020 (1.3%).