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Inflation rates in the United States of America

The inflation rate for consumer prices in the United States of America moved over the past 62 years between -0.4% and 13.5%. For 2022, an inflation rate of 8.0% was calculated.

During the observation period from 1960 to 2022, the average inflation rate was 3.8% per year. Overall, the price increase was 903.96%. An item that cost 100 dollars in 1960 costs 1,003.96 dollars at the beginning of 2023.

For April 2023, the year-over-year inflation rate was 4.9%.


Inflation rates in global comparison


Back to overview: United States

Performance over the last 62 years compared to the European Union

In only a few countries are negative inflation rates achieved. This means that the general price level is declining and consumer prices get cheaper. This is called deflation. In comparison to most other countries, the drastic price increases are no longer average. Usually this is a sign of political and economic turmoil.

Performance based on 100% in 1959:Performance in the United States of America

      United States of America       European Union


Inflation calculator for the United States of America

Enter any amount, an initial year and an end year here. You will then be provided with the original amount after inflation. Example: 1,000 dollars in 1960 corresponds to 10,039.62 dollars at the beginning of 2023 due to inflation.

Original amount in dollars:


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Inflation rates for consumer goods in the United States of America

Inflation rates for consumer goods in the United States of America

Energy and food

Food and energy inflation in the United States of America

      Energy       Food

Historical inflation rates in comparison

YearUnited States of AmericaØ EUØ World
20228.00 %9.22 %8.31 %
20214.70 %2.55 %3.48 %
20201.23 %0.48 %1.92 %
20191.81 %1.63 %2.19 %
20182.44 %1.74 %2.44 %
20172.13 %1.43 %2.19 %
20161.26 %0.18 %1.55 %
20150.12 %-0.06 %1.43 %
20141.62 %0.20 %2.35 %
20131.46 %1.22 %2.62 %
20122.07 %2.66 %3.73 %
20113.16 %3.29 %4.82 %
20101.64 %1.53 %3.35 %
2009-0.36 %0.84 %2.94 %
20083.84 %4.16 %8.95 %
20072.85 %2.51 %4.82 %
20063.23 %2.67 %4.28 %
20053.39 %2.49 %4.11 %
20042.68 %2.29 %3.38 %
20032.27 %2.09 %3.03 %
20021.59 %2.42 %2.83 %
20012.83 %3.37 %3.84 %
20003.38 %3.15 %3.49 %
19992.19 %2.16 %3.08 %
19981.55 %2.42 %5.11 %
19972.34 %3.11 %5.57 %
19962.93 %3.56 %6.55 %
19952.81 %4.43 %9.15 %
19942.61 %4.72 %10.32 %
19932.95 %4.85 %7.51 %
19923.03 %6.22 %7.71 %
19914.23 %5.48 %9.00 %
19905.40 %6.15 %8.13 %
19894.83 %6.26 %7.00 %
19884.08 %4.54 %7.15 %
19873.66 %4.02 %5.76 %
19861.90 %3.68 %5.82 %
19853.55 %5.40 %6.86 %
19844.30 %7.67 %8.12 %
19833.21 %8.67 %8.77 %
19826.13 %9.58 %10.24 %
198110.33 %11.77 %12.47 %
198013.55 %12.91 %13.98 %
197911.25 %8.22 %n/a
19787.63 %7.76 %n/a
19776.50 %9.77 %n/a
19765.74 %9.35 %n/a
19759.14 %10.47 %n/a
197411.05 %13.16 %n/a
19736.18 %7.75 %n/a
19723.27 %6.01 %n/a
19714.29 %5.24 %n/a
19705.84 %4.51 %n/a
19695.46 %2.67 %n/a
19684.27 %3.24 %n/a
19672.77 %3.32 %n/a
19663.02 %3.70 %n/a
19651.59 %3.99 %n/a
19641.28 %3.42 %n/a
19631.24 %2.92 %n/a
19621.20 %3.55 %n/a
19611.07 %2.08 %n/a
19601.46 %1.74 %n/a

Data basis: International Monetary Fund, World Bank and OECD Inflation CPI indicator (doi:10.1787/eee82e6e-en)
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