According to the Bureau of Labor Statistics consumer price index, the dollar experienced an average inflation rate of 2.23% per year. Prices in 2015 are 55.5% higher than prices in 1995.
In other words, $3,300 in the year 1995 is equivalent in purchasing power to $5,132.26 in 2015, a difference of $1,832.26 over 20 years.
The inflation rate in 2015 was 0.12%.
|Cumulative price change||55.52%|
|Average inflation rate||2.23%|
|Price difference ($3,300 base)||$1,832.26|
|CPI in 1995||152.4|
|CPI in 2015||237.017|
Politics and news often influence economic performance. Here's what was happening at the time:
Raw data for these calculations comes from the Bureau of Labor Statistics' Consumer Price Index (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.” FinanceRef Inflation Calculator, Alioth Finance, 17 Apr. 2018, http://www.in2013dollars.com/1995-dollars-in-2015?amount=3300.