U.S. inflation rate in 2001: 2.85%

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U.S. Inflation Rate, 2001-2017 ($1)

The consumer price index (CPI) in 2001 was 177.1. the Bureau of Labor Statistics uses this CPI value to track inflation on a monthly basis.

According to the Bureau of Labor Statistics, the dollar experienced an average inflation rate of 2.03% per year. Prices in 2017 are 38.0% higher than prices in 2001.

In other words, $1 in the year 2001 is equivalent to $1.38 in 2017, a difference of $0.38 over 16 years.

The current inflation rate in 2017 is 1.99%1. If this number holds, $1 today will be equivalent to $1.02 next year.

Inflation from 2001 to 2017
Cumulative price change 38.00%
Average inflation rate 2.03%
Price difference ($1 base) $0.38
CPI in 2001 177.1
CPI in 2017 244.786


U.S. inflation from 1913 to 2017


Inflation rates for specific categories

Bread · Film and photographic supplies · Jewelry · More

Inflation-adjusted measures

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

How to calculate the inflation rate for $1 since 2001

Start with the inflation rate formula:

CPI in 2017 / CPI in 2001 * 2001 USD value = 2017 USD value

Then plug in historical CPI values. The U.S. CPI was 177.1 in the year 2001 and 244.786 in 2017:

244.786 / 177.1 * $1 = $1.38

The "purchasing power" of $1 from 2001 is $1.38 in 2017.


News headlines from 2001

Politics and news often play an important role in economic performance.

  • The Netherlands becomes the first country to legalize same sex marriage.
  • Two passenger planes are hijacked by terrorists who then crash them into New York's Twin Towers, killing 2,752 people.
  • Another plane is crashed into the Pentagon killing 125 people.
  • George W Bush establishes The Department of Homeland Security.

Inflation Data Source: 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.


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