According to the Bureau of Labor Statistics consumer price index, the dollar experienced an average inflation rate of 1.42% per year. Prices in 2017 are 8.8% higher than prices in 2011.
In other words, $100 in the year 2011 is equivalent in purchasing power to $108.82 in 2017, a difference of $8.82 over 6 years.
The inflation rate in 2017 was 1.99%.
|Cumulative price change||8.82%|
|Average inflation rate||1.42%|
|Price difference ($100 base)||$8.82|
|CPI in 2011||224.939|
|CPI in 2017||244.786|
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: “2011 dollars in 2017 | Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 13 Mar. 2018, http://www.in2013dollars.com/2011-dollars-in-2017.