Inflation

U.S. inflation rate by year

Last updated November 2, 2026

Consumer prices were 3.7% higher in September 2026 than a year earlier. Over the ten years to 2025, inflation averaged 3.1% a year. Below: every year since 1914, and what a dollar from each is worth today.

Convert any amount between any two years

Everyday items have their own pages: prices by year for eggs, gas, rent and more.

Inflation every year since 1914

How much the average price level (CPI-U) changed from one year to the next, 1914–2025. Bars below the line are years when prices fell. Every figure is in the table below.

What a dollar from each year is worth today

Pick a year for its own page: a conversion table, a chart of prices since, and how that year compares.

Highest and lowest inflation since 1914

HighestInflationLowestInflation
191717.8%1921-10.9%
191817.3%1932-10.3%
192015.6%1931-8.9%
191915.2%1922-6.2%
194714.4%1933-5.2%

Inflation rate by year

Each year's average CPI-U compared with the year before, and what $1 from that year buys in September 2026.

YearInflationCPI-U (average)$1 then is worth now
20252.6%321.943$1.05
20242.9%313.689$1.07
20234.1%304.702$1.11
20228.0%292.655$1.15
20214.7%270.970$1.24
20201.2%258.811$1.30
20191.8%255.657$1.32
20182.4%251.107$1.34
20172.1%245.120$1.37
20161.3%240.007$1.40
20150.1%237.017$1.42
20141.6%236.736$1.42
20131.5%232.957$1.45
20122.1%229.594$1.47
20113.2%224.939$1.50
20101.6%218.056$1.55
2009-0.4%214.537$1.57
20083.8%215.303$1.56
20072.9%207.342$1.63
20063.2%201.592$1.67
20053.4%195.292$1.73
20042.7%188.883$1.78
20032.3%183.958$1.83
20021.6%179.875$1.87
20012.8%177.067$1.90
20003.4%172.200$1.96
19992.2%166.575$2.02
19981.6%163.008$2.07
19972.3%160.517$2.10
19962.9%156.850$2.15
19952.8%152.383$2.21
19942.6%148.225$2.27
19933.0%144.458$2.33
19923.0%140.317$2.40
19914.2%136.192$2.47
19905.4%130.658$2.58
19894.8%123.967$2.72
19884.1%118.258$2.85
19873.7%113.625$2.97
19861.9%109.608$3.07
19853.5%107.567$3.13
19844.3%103.883$3.24
19833.2%99.600$3.38
19826.1%96.500$3.49
198110.3%90.925$3.71
198013.5%82.408$4.09
197911.3%72.575$4.64
19787.6%65.233$5.17
19776.5%60.608$5.56
19765.7%56.908$5.92
19759.1%53.817$6.26
197411.1%49.308$6.83
19736.2%44.400$7.59
19723.3%41.817$8.06
19714.3%40.492$8.32
19705.8%38.825$8.68
19695.5%36.683$9.19
19684.3%34.783$9.69
19672.8%33.358$10.10
19663.0%32.458$10.38
19651.6%31.508$10.69
19641.3%31.017$10.86
19631.2%30.625$11.00
19621.2%30.250$11.14
19611.1%29.892$11.27
19601.5%29.575$11.39
19591.0%29.150$11.56
19582.7%28.858$11.68
19573.3%28.092$11.99
19561.5%27.183$12.40
1955-0.3%26.775$12.58
19540.3%26.850$12.55
19530.8%26.767$12.59
19522.3%26.550$12.69
19517.9%25.958$12.98
19501.1%24.067$14.00
1949-1.0%23.808$14.15
19487.7%24.042$14.01
194714.4%22.325$15.09
19468.5%19.517$17.26
19452.3%17.992$18.73
19441.6%17.592$19.15
19436.0%17.308$19.47
194210.9%16.333$20.63
19415.1%14.725$22.88
19400.7%14.008$24.05
1939-1.3%13.908$24.23
1938-2.0%14.092$23.91
19373.7%14.383$23.43
19361.0%13.867$24.30
19352.6%13.725$24.55
19343.5%13.383$25.18
1933-5.2%12.933$26.05
1932-10.3%13.642$24.70
1931-8.9%15.208$22.16
1930-2.7%16.700$20.18
19290.0%17.158$19.64
1928-1.2%17.158$19.64
1927-1.9%17.358$19.41
19260.9%17.700$19.04
19252.4%17.542$19.21
19240.4%17.125$19.68
19231.8%17.050$19.76
1922-6.2%16.750$20.12
1921-10.9%17.850$18.88
192015.6%20.042$16.81
191915.2%17.333$19.44
191817.3%15.042$22.40
191717.8%12.825$26.27
19167.7%10.883$30.96
19150.9%10.108$33.33
19141.4%10.017$33.64
1913—9.883$34.09

How these figures are calculated

Inflation for a year compares its average Consumer Price Index for All Urban Consumers (CPI-U) with the previous year's average. Today's value of a past dollar divides the latest monthly index (September 2026: 336.94) by that year's average. BLS headlines the change over 12 months each month, which can differ from year-average figures. Full details in our methodology.

Source: U.S. Bureau of Labor Statistics, via FRED.