According to the U.S. Bureau of Labor Statistics, prices for personal consumption expenditures price index were 119.96% higher in 2022 versus 1987 (a $20,893,662.82 difference in value).
Between 1987 and 2022: Personal Consumption Expenditures Price Index experienced an average inflation rate of 2.28% per year. This rate of change indicates significant inflation. In other words, personal consumption expenditures price index costing $17,416,574 in the year 1987 would cost $38,310,236.82 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 2.74% during this same period, inflation for personal consumption expenditures price index was lower.
In the year 1987: Pricing changed by 3.08%, which is above the average yearly change for personal consumption expenditures price index during the 1987-2022 time period. Compared to inflation for all items in 1987 (3.66%), inflation for personal consumption expenditures price index was lower.
Below are calculations of equivalent buying power for Personal Consumption Expenditures Price Index, over time, for $17,416,574 beginning in 1987. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1987 | $17,416,574.00 | 3.08% |
| 1988 | $18,097,247.94 | 3.91% |
| 1989 | $18,887,474.14 | 4.37% |
| 1990 | $19,716,677.66 | 4.39% |
| 1991 | $20,375,940.06 | 3.34% |
| 1992 | $20,919,102.02 | 2.67% |
| 1993 | $21,440,124.86 | 2.49% |
| 1994 | $21,887,532.53 | 2.09% |
| 1995 | $22,348,400.37 | 2.11% |
| 1996 | $22,826,314.29 | 2.14% |
| 1997 | $23,223,571.14 | 1.74% |
| 1998 | $23,408,349.63 | 0.80% |
| 1999 | $23,749,401.18 | 1.46% |
| 2000 | $24,350,067.68 | 2.53% |
| 2001 | $24,838,271.61 | 2.00% |
| 2002 | $25,164,407.85 | 1.31% |
| 2003 | $25,693,096.23 | 2.10% |
| 2004 | $26,330,817.16 | 2.48% |
| 2005 | $27,089,497.72 | 2.88% |
| 2006 | $27,852,361.84 | 2.82% |
| 2007 | $28,567,075.97 | 2.57% |
| 2008 | $29,412,494.06 | 2.96% |
| 2009 | $29,330,433.81 | -0.28% |
| 2010 | $29,855,718.17 | 1.79% |
| 2011 | $30,611,046.67 | 2.53% |
| 2012 | $31,181,856.54 | 1.86% |
| 2013 | $31,604,084.86 | 1.35% |
| 2014 | $32,081,972.80 | 1.51% |
| 2015 | $32,153,379.25 | 0.22% |
| 2016 | $32,475,383.89 | 1.00% |
| 2017 | $33,069,450.22 | 1.83% |
| 2018 | $33,775,225.56 | 2.13% |
| 2019 | $34,279,202.32 | 1.49% |
| 2020 | $34,656,918.54 | 1.10% |
| 2021 | $36,052,696.39 | 4.03% |
| 2022 | $38,310,236.82 | 6.26% |
| 2023 | $39,503,135.87 | 3.11%* |
* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Personal Consumption Expenditures Price Index:
| Year | 1959 | 1960 | 1961 | 1962 | 1963 | 1964 | 1965 | 1966 | 1967 | 1968 | 1969 | 1970 | 1971 | 1972 | 1973 | 1974 | 1975 | 1976 | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
| CPI | 16.176 | 16.441 | 16.612 | 16.806 | 17.007 | 17.254 | 17.502 | 17.945 | 18.395 | 19.115 | 19.976 | 20.910 | 21.798 | 22.542 | 23.756 | 26.229 | 28.415 | 29.974 | 31.923 | 34.145 | 37.178 | 41.182 | 44.871 | 47.363 | 49.378 | 51.243 | 53.031 | 54.184 | 55.855 | 58.038 | 60.572 | 63.231 | 65.346 | 67.087 | 68.758 | 70.193 | 71.671 | 73.204 | 74.478 | 75.070 | 76.164 | 78.091 | 79.656 | 80.702 | 82.398 | 84.443 | 86.876 | 89.322 | 91.614 | 94.326 | 94.063 | 95.747 | 98.169 | 100.000 | 101.354 | 102.887 | 103.116 | 104.148 | 106.053 | 108.317 | 109.933 | 111.144 | 115.621 | 122.861 | 126.686 |