The consumer price index (CPI) in 1992 was 140.3. the Bureau of Labor Statistics uses this CPI value to track inflation on a monthly basis.

According to the Bureau of Labor Statistics consumer price index, the dollar experienced an average inflation rate of 2.20% per year. Prices in 2018 are 76.0% higher than prices in 1992.

In other words, $1 in the year 1992 is equivalent in purchasing power to $1.76 in 2018, a difference of $0.76 over 26 years.

The
current inflation rate
in 2018 is 0.77%^{1}. If this number holds, $1 today will be equivalent to $1.01 next year.

Cumulative price change | 76.00% |

Average inflation rate | 2.20% |

Price difference ($1 base) | $0.76 |

CPI in 1992 | 140.3 |

CPI in 2018 | 246.669 |

CPI in 2018 / CPI in 1992 * 1992 USD value = 2018 USD value

Then plug in historical CPI values. The U.S. CPI was 140.3 in the year 1992 and 246.669 in 2018:

246.669 / 140.3 * $1 =

$1 in 1992 has the same "purchasing power" as $1.76 in 2018.

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

- The Conservative party wins the 1992 British general election, returning John Major to his role as Prime Minister.
- Nelson Mandela's meets with UN Secretary-General Boutros Boutros-Ghali at Dakar.
- Bill Clinton is elected President of the United States,.

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: “Inflation Rate in 1992 | Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 17 Jan. 2018, http://www.in2013dollars.com/inflation-rate-in-1992.