According to the Bureau of Labor Statistics consumer price index, prices in 2017 are 21.59% higher than prices in 2006. The dollar experienced an average inflation rate of 1.79% per year during this period.
In other words, $100 in 2006 is equivalent in purchasing power to $121.59 in 2017, a difference of $21.59 over 11 years.
The 2006 inflation rate was 3.23%. The inflation rate in 2017 was 2.13%. The 2017 inflation rate is lower compared to the average inflation rate of 2.87% per year between 2017 and 2018.
|Cumulative price change||21.59%|
|Average inflation rate||1.79%|
|Converted amount ($100 base)||$121.59|
|Price difference ($100 base)||$21.59|
|CPI in 2006||201.6|
|CPI in 2017||245.12|
|Inflation in 2006||3.23%|
|Inflation in 2017||2.13%|
This chart shows calculations of buying power equivalence over time for $100 in 2006 (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|
Inflation can vary widely by city, even within the United States. Here's how some cities fared in 2006 to 2017 (figures shown are purchasing power equivalents of $100):
San Diego, California experienced the highest rate of inflation during the 11 years between 2006 and 2017 (2.82%).
Detroit, Michigan experienced the lowest rate of inflation during the 11 years between 2006 and 2017 (1.31%).
Inflation can also vary widely by country. For comparison, in the UK £100.00 in 2006 would be equivalent to £137.51 in 2017, an absolute change of £37.51 and a cumulative change of 37.51%.
In Canada, CA$100.00 in 2006 would be equivalent to CA$119.20 in 2017, an absolute change of CA$19.20 and a cumulative change of 19.20%.
Compare these numbers to the US's overall absolute change of $21.59 and total percent change of 21.59%.
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 2006 and 2017.
Compare these values to the overall average of 1.79% per year:
|Category||Avg Inflation (%)||Total Inflation (%)||$100 in 2006 → 2017|
|Used cars and trucks||-0.11||-1.24||98.76|
|Medical care services||3.41||44.55||144.55|
|Medical care commodities||2.55||31.88||131.88|
It's important to note that not all categories may be tracked since 2006. This table and visualization use the earliest available data for each category.
This inflation calculator uses the following inflation rate formula:
Then plug in historical CPI values. The U.S. CPI was 201.6 in the year 2006 and 245.12 in 2017:
$100 in 2006 has the same "purchasing power" or "buying power" as $121.59 in 2017.
To get the total inflation rate for the 11 years between 2006 and 2017, we use the following formula:
Plugging in the values to this equation, we get:
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 1.86% per year between 2006 and 2017 (vs all-CPI inflation of 1.79%), for an inflation total of 22.46%.
When using the core inflation measurement, $100 in 2006 is equivalent in buying power to $122.46 in 2017, a difference of $22.46. Recall that for All Items, the converted amount is $121.59 with a difference of $21.59.
In 2006, core inflation was 2.51%.
Chained CPI is an alternative measurement that takes into account how consumers adjust spending for similar items. Chained inflation averaged 1.58% per year between 2006 and 2017, a total inflation amount of 22.46%.
According to the Chained CPI measurement, $100 in 2006 is equal in buying power to $118.84 in 2017, a difference of $18.84 (versus a converted amount of $121.59/change of $21.59 for All Items).
In 2006, chained inflation was 2.90%.
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: “2006 dollars in 2017 | Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 20 Sep. 2018, https://www.officialdata.org/2006-dollars-in-2017.
in2013dollars.com is a reference website maintained by the Official Data Foundation.