# U.S. inflation rate in 2008: 3.84%

## Inflation Calculator

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### Inflation since 2008 and its effect on dollar value

The consumer price index (CPI) in 2008 was 215.303. It was 207.342 in the previous year. This change in CPI is used by the Bureau of Labor Statistics to calculate inflation.

According to the Bureau of Labor Statistics consumer price index, the dollar experienced an average inflation rate of 1.57% per year. Prices in 2018 are 16.8% higher than prices in 2008.

In other words, \$100 in 2008 is equivalent in purchasing power to \$116.85 in 2018, a difference of \$16.85 over 10 years.

The current inflation rate is now 2.80%1. If this number holds, \$100 today will be equivalent to \$102.80 next year. The current inflation rate page gives more detail on the latest official inflation rates.

 Cumulative price change 16.85% Average inflation rate 1.57% Converted amount (\$100 base) \$116.85 Price difference (\$100 base) \$16.85 CPI in 2008 215.303 CPI in 2018 251.59

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### How to calculate the inflation rate for \$100 since 2008

This inflation calculator uses the following inflation rate formula:

CPI in 2018 / CPI in 2008 * 2008 USD value = 2018 USD value

Then plug in historical CPI values. The U.S. CPI was 215.303 in the year 2008 and 251.59 in 2018:

251.59 / 215.303 * \$100 = \$116.85

\$100 in 2008 has the same "purchasing power" or "buying power" as \$116.85 in 2018.

Here are calculations of buying power over time for \$100 in 2008 (price index tracking began in 1913). Each of these USD amounts below is equivalent in terms of what it could buy at the time:
Year USD Value Inflation Rate
2008 \$100.00 3.84%
2009 \$99.64 -0.36%
2010 \$101.28 1.64%
2011 \$104.48 3.16%
2012 \$106.64 2.07%
2013 \$108.20 1.46%
2014 \$109.95 1.62%
2015 \$110.09 0.12%
2016 \$111.47 1.26%
2017 \$113.69 1.99%
2018 \$116.85 2.78%*
* Not final. See inflation summary for latest details.