$3,300 in 1995 → $5,132.26 in 2015

👉 You may be interested in $3,300 in 1995 → 2018

U.S. Inflation Rate, $3,300 in 1995 to 2015

According to the Bureau of Labor Statistics consumer price index, prices in 2015 are 55.52% higher than prices in 1995. The dollar experienced an average inflation rate of 2.23% per year during this period.

In other words, $3,300 in 1995 is equivalent in purchasing power to $5,132.26 in 2015, a difference of $1,832.26 over 20 years.

The 1995 inflation rate was 2.83%. The inflation rate in 2015 was 0.12%. The 2015 inflation rate is lower compared to the average inflation rate of 2.12% per year between 2015 and 2018.


Inflation from 1995 to 2015
Cumulative price change 55.52%
Average inflation rate 2.23%
Converted amount ($3,300 base) $5,132.26
Price difference ($3,300 base) $1,832.26
CPI in 1995 152.4
CPI in 2015 237.017
Inflation in 1995 2.83%
Inflation in 2015 0.12%


U.S. Inflation since 1913
Annual Rate, U.S. Bureau of Labor Statistics CPI

Buying power of $3,300 since 1995

This chart shows calculations of buying power equivalence over time for $3,300 in 1995 (price index tracking began in 1635).

According to the Bureau of Labor Statistics, each of these USD amounts below is equal in terms of what it could buy at the time:

Year USD Value Inflation Rate
1995 $3,300.00 2.83%
1996 $3,397.44 2.95%
1997 $3,475.39 2.29%
1998 $3,529.53 1.56%
1999 $3,607.48 2.21%
2000 $3,728.74 3.36%
2001 $3,834.84 2.85%
2002 $3,895.47 1.58%
2003 $3,984.25 2.28%
2004 $4,090.35 2.66%
2005 $4,228.94 3.39%
2006 $4,365.35 3.23%
2007 $4,489.69 2.85%
2008 $4,662.07 3.84%
2009 $4,645.49 -0.36%
2010 $4,721.69 1.64%
2011 $4,870.73 3.16%
2012 $4,971.52 2.07%
2013 $5,044.34 1.46%
2014 $5,126.17 1.62%
2015 $5,132.26 0.12%
2016 $5,197.00 1.26%
2017 $5,307.72 2.13%
2018 $5,466.20 2.99%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.

Inflation by City

Inflation can vary widely by city, even within the United States. Here's how some cities fared in 1995 to 2015 (figures shown are purchasing power equivalents of $3,300):

Seattle, Washington experienced the highest rate of inflation during the 20 years between 1995 and 2015 (4.33%).

Detroit, Michigan experienced the lowest rate of inflation during the 20 years between 1995 and 2015 (1.96%).


Inflation by Country

Inflation can also vary widely by country. For comparison, in the UK £3,300.00 in 1995 would be equivalent to £5,722.54 in 2015, an absolute change of £2,422.54 and a cumulative change of 73.41%.

In Canada, CA$3,300.00 in 1995 would be equivalent to CA$4,754.56 in 2015, an absolute change of CA$1,454.56 and a cumulative change of 44.08%.

Compare these numbers to the US's overall absolute change of $1,832.26 and total percent change of 55.52%.


Inflation by Spending Category

CPI is the weighted combination of many categories of spending that are tracked by the government. This chart shows the average rate of inflation for select CPI categories between 1995 and 2015.

Compare these values to the overall average of 2.23% per year:

Category Avg Inflation (%) Total Inflation (%) $3,300 in 1995 → 2015
Food 2.58 66.58 5,497.24
Shelter 2.64 68.27 5,553.01
Energy 3.33 92.51 6,352.85
Apparel -0.23 -4.59 3,148.48
New vehicles 0.21 4.38 3,444.40
Used cars and trucks -0.31 -5.97 3,102.86
Transportation services 2.55 65.47 5,460.61
Medical care services 3.84 112.40 7,009.25
Medical care commodities 2.79 73.43 5,723.33

It's important to note that not all categories may be tracked since 1995. This table and visualization use the earliest available data for each category.



How to Calculate Inflation Rate for $3,300, 1995 to 2015

This inflation calculator uses the following inflation rate formula:

CPI in 2015CPI in 1995
×
1995 USD value
=
2015 USD value

Then plug in historical CPI values. The U.S. CPI was 152.4 in the year 1995 and 237.017 in 2015:

237.017152.4
×
$3,300
=
$5,132.26

$3,300 in 1995 has the same "purchasing power" or "buying power" as $5,132.26 in 2015.

To get the total inflation rate for the 20 years between 1995 and 2015, we use the following formula:

CPI in 2015 - CPI in 1995CPI in 1995
×
100
=
Cumulative inflation rate (20 years)

Plugging in the values to this equation, we get:

237.017 - 152.4152.4
×
100
=
56%

Alternate Measurements of Inflation

The above data describe the CPI for all items. Also of note is the Core CPI, which measures inflation for all items except for the more volatile categories of food and energy. Core inflation averaged 2.06% per year between 1995 and 2015 (vs all-CPI inflation of 2.23%), for an inflation total of 50.26%.

When using the core inflation measurement, $3,300 in 1995 is equivalent in buying power to $4,958.48 in 2015, a difference of $1,658.48. Recall that for All Items, the converted amount is $5,132.26 with a difference of $1,832.26.

In 1995, core inflation was 3.02%.


Comparison to S&P 500 Index

The average inflation rate of 2.23% during these years has a compounding effect. As noted above, this yearly inflation rate produces an overall price difference of 55.52% over 20 years.

To help put this inflation into perspective, if you had invested $3,300 in the S&P 500 index in 1995, your investment would be worth approximately $20,056.80 in 2015. This is a change of 507.78%.

This means the nominal return on a $3,300 investment is $16,756.80, but inflation would eat into your real returns.

Inflation would account for 35.70% of your returns ($5,982.31), for an inflation-adjusted real return of about $10,774.49.


News headlines from 1995

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

  • Bosnian Serbs massacre over 7,000 Bosnian Muslims in Srebrenica.
  • Scientists discover the Hale-Bopp Comet; which later became visible to the naked eye.
  • Signing of the Dayton Agreement in Paris in order to end conflicts between former Yugoslavian republics
  • 170 countries agree to the unconditional and indefinite extending of the Nuclear Non-proliferation Treaty.
  • Austria, Finland and Sweden accede to the European Union.

Data Source & Citation

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: “$3,300 in 1995 → 2015 | Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 22 Oct. 2018, https://www.officialdata.org/1995-dollars-in-2015?amount=3300.

in2013dollars.com is a reference website maintained by the Official Data Foundation.


© 2018 Official Data Foundation / Alioth LLC. Contact