$21.72 in 2013 → $23.21 in 2018

Inflation Calculator

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U.S. Inflation Rate, 2013-2018 ($21.72)

According to the Bureau of Labor Statistics consumer price index, the dollar experienced an average inflation rate of 1.34% per year. Prices in 2018 are 6.9% higher than prices in 2013.

In other words, $21.72 in the year 2013 is equivalent in purchasing power to $23.21 in 2018, a difference of $1.49 over 5 years.

The current inflation rate in 2018 is 1.72%1. If this number holds, $21.72 today will be equivalent to $22.09 next year.

Inflation from 2013 to 2018
Cumulative price change 6.86%
Average inflation rate 1.34%
Price difference ($21.72 base) $1.49
CPI in 2013 232.957
CPI in 2018 248.991


U.S. inflation from 1913 to 2017


Inflation rates for specific categories

Food · New cars · Admission to sporting events · More

Inflation-adjusted measures

S&P 500 price · S&P 500 earnings · Shiller P/E

How to calculate the inflation rate for $21.72 since 2013

Start with the inflation rate formula:

CPI in 2018 / CPI in 2013 * 2013 USD value = 2018 USD value

Then plug in historical CPI values. The U.S. CPI was 232.957 in the year 2013 and 248.991 in 2018:

248.991 / 232.957 * $21.72 = $23.21

$21.72 in 2013 has the same "purchasing power" as $23.21 in 2018.


News headlines from 2013

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

  • 100,000 people march in Dhaka demanding justice for the atrocities committed during the Bangladesh Liberation War.
  • Pope Benedict XVI resigns, becoming the first pope to do so since 1415.
  • Two explosions near the finish line of the Boston Marathon, kill 3 and injure 183 people,
  • Xi Jinping becomes President of the People's Republic of China.

Inflation Data Source

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: “$21.72 in 2013 → 2018 | Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 22 Apr. 2018, http://www.in2013dollars.com/2013-dollars-in-2018?amount=21.72.


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