The consumer price index (CPI) in 2011 was 224.939. 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 1.45% per year. Prices in 2017 are 9.0% higher than prices in 2011.

In other words, $1 in the year 2011 is equivalent to $1.09 in 2017, a difference of $0.09 over 6 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.

Cumulative price change | 9.00% |

Average inflation rate | 1.45% |

Price difference ($1 base) | $0.09 |

CPI in 2011 | 224.939 |

CPI in 2017 | 244.786 |

CPI in 2017 / CPI in 2011 * 2011 USD value = 2017 USD value

Then plug in historical CPI values. The U.S. CPI was 224.939 in the year 2011 and 244.786 in 2017:

244.786 / 224.939 * $1 =

$1 in 2011 has the same "purchasing power" as $1.09 in 2017.

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

- Ben Ali, the president of Tunisia, flees to Saudi Arabia after protests known as the Jasmine Revolution.
- Fidel Castro resigns from the central committee of Cuban Communist Party after 45 years.
- Osama bin Laden is killed by US Special Forces in Abbottabad, Pakistan.
- Norway, is struck by twin terror attacks: a bomb blast targeting government buildings in Oslo, and a massacre at a youth camp on Utøya island

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 2011 | Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Education, 12 Dec. 2017, http://www.in2013dollars.com/inflation-rate-in-2011.