U.S. inflation rate in 2014: 1.62%

Inflation Calculator


U.S. Inflation Rate, 2014-2018 ($1)

The consumer price index (CPI) in 2014 was 236.736. 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 1.23% per year. Prices in 2018 are 5.0% higher than prices in 2014.

In other words, $1 in the year 2014 is equivalent in purchasing power to $1.05 in 2018, a difference of $0.05 over 4 years.

The current inflation rate in 2018 is 1.72%1. If this number holds, $1 today will be equivalent to $1.02 next year.

Inflation from 2014 to 2018
Cumulative price change 5.00%
Average inflation rate 1.23%
Price difference ($1 base) $0.05
CPI in 2014 236.736
CPI in 2018 248.991

U.S. inflation from 1913 to 2017

Inflation rates for specific categories

Wine at home · Public transportation · Financial services · More

Inflation-adjusted measures

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

How to calculate the inflation rate for $1 since 2014

Start with the inflation rate formula:

CPI in 2018 / CPI in 2014 * 2014 USD value = 2018 USD value

Then plug in historical CPI values. The U.S. CPI was 236.736 in the year 2014 and 248.991 in 2018:

248.991 / 236.736 * $1 = $1.05

$1 in 2014 has the same "purchasing power" as $1.05 in 2018.

News headlines from 2014

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

  • Violent protests erupt in Kiev, leading to clashes between protestors and riot police: President Viktor Yanukovych is ousted five days later.
  • Russia formally annexes Crimea amid international condemnation.
  • ISIS forces occupy government buildings and other key strategic locations in the city of Mosul.
  • Malasya Airlines Flight 17 shot down by pro-Russian separatists in Eastern Ukraine by a Buk surface-to-air missile. All 283 passengers and 15 crew were killed.

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: “Inflation Rate in 2014 | Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 17 Apr. 2018, http://www.in2013dollars.com/inflation-rate-in-2014.

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