U.S. inflation rate in 2017: 1.99%

Inflation Calculator


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.

Inflation from 2017 to 2018
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

U.S. inflation from 1913 to 2017

Inflation rates for specific categories

Jewelry · Medical care · Wireless telephone services · More

Inflation-adjusted measures

S&P 500 price · S&P 500 earnings · Shiller P/E

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.

News headlines from 2017

Politics and news often influence economic performance. Here's what was happening at the time:

  • Donald Trump sworn in as the 45th president of the United States.
  • Hurricanes Harvey and Irma strike southeast Texas and Florida, causing extensive flooding and damage.
  • Gunman kills 58 people at a Las Vegas concert, making it the deadliest mass shooting in modern U.S. history.
  • North Korea tests a hydrogen bomb and over a dozen ballistic missiles amidst soaring tensions with the U.S.

Inflation Data Source

Raw data for these calculations comes from the Bureau of Labor Statistics' (CPI), established in 1913. Inflation data from 1665 to 1912 is sourced from a historical study conducted by political science professor Robert Sahr at Oregon State University.

You may use the following MLA citation for this page: “Inflation Rate in 2017 | Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 23 May. 2018, https://www.officialdata.org/inflation-rate-in-2017.

» Read more about inflation.