The consumer price index (CPI) in 2006 was 201.6. 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 1.67% per year. Prices in 2018 are 22.0% higher than prices in 2006.

In other words, $1 in the year 2006 is equivalent in purchasing power to $1.22 in 2018, a difference of $0.22 over 12 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 | 22.00% |

Average inflation rate | 1.67% |

Price difference ($1 base) | $0.22 |

CPI in 2006 | 201.6 |

CPI in 2018 | 246.669 |

CPI in 2018 / CPI in 2006 * 2006 USD value = 2018 USD value

Then plug in historical CPI values. The U.S. CPI was 201.6 in the year 2006 and 246.669 in 2018:

246.669 / 201.6 * $1 =

$1 in 2006 has the same "purchasing power" as $1.22 in 2018.

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

- Nepali security forces injure 243 pro-democracy protesters.
- North Kora is alleged to have tested its first nuclear device.

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 2006 | Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 18 Jan. 2018, http://www.in2013dollars.com/inflation-rate-in-2006.