U.S. inflation rate in 2017: 1.99%

Inflation Calculator

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U.S. Inflation Rate, 2017-2018 (\$100)

The consumer price index (CPI) in 2017 was 244.786. the Bureau of Labor Statistics uses this CPI value to track inflation on a monthly basis.

According to the Bureau of Labor Statistics consumer price index, the dollar experienced an average inflation rate of 1.95% per year. Prices in 2018 are 2.0% higher than prices in 2017.

In other words, \$100 in the year 2017 is equivalent in purchasing power to \$101.95 in 2018, a difference of \$1.95 over 1 years.

Compared to last year's annual rate, the inflation rate in 2018 is now 1.95%1. If this number holds, \$100 today would be equivalent to \$101.95 next year. The current inflation rate page gives more detail on the latest official inflation rates.

 Cumulative price change 1.95% Average inflation rate 1.95% Price difference (\$100 base) \$1.95 CPI in 2017 244.786 CPI in 2018 249.554

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How to calculate the inflation rate for \$100 since 2017

This inflation calculator uses the following inflation rate formula:

CPI in 2018 / CPI in 2017 * 2017 USD value = 2018 USD value

Then plug in historical CPI values. The U.S. CPI was 244.786 in the year 2017 and 249.554 in 2018:

249.554 / 244.786 * \$100 = \$101.95

\$100 in 2017 has the same "purchasing power" as \$101.95 in 2018.