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 $6,025.94 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 $5,023.11 in the year 1987 would cost $11,049.05 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 $5,023.11 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 | $5,023.11 | 3.08% |
1988 | $5,219.42 | 3.91% |
1989 | $5,447.33 | 4.37% |
1990 | $5,686.48 | 4.39% |
1991 | $5,876.62 | 3.34% |
1992 | $6,033.27 | 2.67% |
1993 | $6,183.54 | 2.49% |
1994 | $6,312.58 | 2.09% |
1995 | $6,445.50 | 2.11% |
1996 | $6,583.33 | 2.14% |
1997 | $6,697.90 | 1.74% |
1998 | $6,751.20 | 0.80% |
1999 | $6,849.56 | 1.46% |
2000 | $7,022.80 | 2.53% |
2001 | $7,163.60 | 2.00% |
2002 | $7,257.66 | 1.31% |
2003 | $7,410.14 | 2.10% |
2004 | $7,594.06 | 2.48% |
2005 | $7,812.88 | 2.88% |
2006 | $8,032.89 | 2.82% |
2007 | $8,239.02 | 2.57% |
2008 | $8,482.85 | 2.96% |
2009 | $8,459.18 | -0.28% |
2010 | $8,610.68 | 1.79% |
2011 | $8,828.52 | 2.53% |
2012 | $8,993.15 | 1.86% |
2013 | $9,114.93 | 1.35% |
2014 | $9,252.75 | 1.51% |
2015 | $9,273.35 | 0.22% |
2016 | $9,366.22 | 1.00% |
2017 | $9,537.55 | 1.83% |
2018 | $9,741.10 | 2.13% |
2019 | $9,886.46 | 1.49% |
2020 | $9,995.39 | 1.10% |
2021 | $10,397.95 | 4.03% |
2022 | $11,049.05 | 6.26% |
2023 | $11,393.09 | 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 |