Result: ₡100 in 2022 → ₡105.85 in 2024
The Costa Rican Colon has lost 6% its value since 2022
Updated: September 11, 2025₡100 in 2022 is equivalent in purchasing power to about ₡105.85 today, an increase of ₡5.85 over 2 years. The colon had an average inflation rate of 2.89% per year between 2022 and today, producing a cumulative price increase of 5.85%.
This means that today's prices are 1.06 times as high as average prices since 2022, according to the OECD and the World Bank consumer price index for Costa Rica. A colon today only buys 94.473% of what it could buy back then.
The inflation rate in 2022 was 6.53%. The current inflation rate compared to the end of last year is now 4.27%. If this number holds, ₡100 today will be equivalent in buying power to ₡104.27 next year.
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| Cumulative price change | 5.85% |
| Average inflation rate | 2.89% |
| Converted amount ₡100 base | ₡105.85 |
| Price difference ₡100 base | ₡5.85 |
| CPI in 2022 | 115.748 |
| CPI in 2024 | 122.524 |
| Inflation in 2022 | 6.53% |
| Inflation in 2024 | 4.27% |
| ₡100 in 2022 | ₡105.85 in 2024 |
Buying power of ₡100 in 2022
This chart shows a calculation of buying power equivalence for ₡100 in 2022 (price index tracking began in 1959).
For example, if you started with ₡100, you would need to end with ₡105.85 in order to "adjust" for inflation (sometimes refered to as "beating inflation").
When ₡100 is equivalent to ₡105.85 over time, that means that the "real value" of a single Costa Rican colon decreases over time. In other words, a colon will pay for fewer items at the store.
This effect explains how inflation erodes the value of a colon over time. By calculating the value in 2022 dollars, the chart below shows how ₡100 is worth less over 2 years.
According to the OECD and the World Bank, each of these CRC amounts below is equal in terms of what it could buy at the time:
This conversion table shows various other 2022 amounts in today's colones, based on the 5.85% change in prices:
| Initial value | Equivalent value |
|---|---|
| ₡1 colon in 2022 | ₡1.06 colones today |
| ₡5 colones in 2022 | ₡5.29 colones today |
| ₡10 colones in 2022 | ₡10.59 colones today |
| ₡50 colones in 2022 | ₡52.93 colones today |
| ₡100 colones in 2022 | ₡105.85 colones today |
| ₡500 colones in 2022 | ₡529.27 colones today |
| ₡1,000 colones in 2022 | ₡1,058.54 colones today |
| ₡5,000 colones in 2022 | ₡5,292.69 colones today |
| ₡10,000 colones in 2022 | ₡10,585.38 colones today |
| ₡50,000 colones in 2022 | ₡52,926.90 colones today |
| ₡100,000 colones in 2022 | ₡105,853.81 colones today |
| ₡500,000 colones in 2022 | ₡529,269.03 colones today |
| ₡1,000,000 colones in 2022 | ₡1,058,538.05 colones today |
How to calculate inflation rate for ₡100 since 2022
Our calculations use the following inflation rate formula to calculate the change in value between 2022 and today:
CPI today CPI in 2022
×
2022 CRC value
=
Today's value
Then plug in historical CPI values. The Costa Rican CPI was 115.74810898294301 in the year 2022 and 122.52377796243464 in 2024:
122.52377796243464115.74810898294301
×
₡100
=
₡105.85
₡100 in 2022 has the same "purchasing power" or "buying power" as ₡105.85 in 2024.
To get the total inflation rate for the 2 years between 2022 and 2024, we use the following formula:
CPI in 2024 - CPI in 2022CPI in 2022
×
100
=
Cumulative inflation rate (2 years)
Plugging in the values to this equation, we get:
122.52377796243464 - 115.74810898294301115.74810898294301
×
100
=
6%
Data source & citation
You may use the following MLA citation for this page: “Value of 2022 Costa Rican Colones today | Costa Rica Inflation Calculator.” Official Inflation Data, Alioth Finance, 16 Dec. 2025, https://www.officialdata.org/costa-rica/inflation/2022.
Special thanks to QuickChart for their chart image API, which is used for chart downloads.
| Cumulative price change | 5.85% |
| Average inflation rate | 2.89% |
| Converted amount ₡100 base | ₡105.85 |
| Price difference ₡100 base | ₡5.85 |
| CPI in 2022 | 115.748 |
| CPI in 2024 | 122.524 |
| Inflation in 2022 | 6.53% |
| Inflation in 2024 | 4.27% |
| ₡100 in 2022 | ₡105.85 in 2024 |