St. Louis, Missouri prices: $15,000 in 2019 $17,744.67 in 2023

Inflation in Missouri

$

Prices in St. Louis, 2019-2023 ($15,000)

According to the U.S. Bureau of Labor Statistics, prices in St Louis, Missouri are 18.30% higher in 2023 versus 2019 (a $2,744.67 difference in value).

Between 2019 and 2023: St. Louis experienced an average inflation rate of 4.29% per year. This rate of change indicates significant inflation. In other words, $15,000 in St. Louis in the year 2019 would cost $17,744.67 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 4.49% during this same period, inflation in St. Louis was lower.

In the year 2019: Pricing changed by 1.02%, which is significantly below the average yearly change in St. Louis during the 2019-2023 time period. Compared to inflation for all items in 2019 (1.81%), inflation in St. Louis was lower.

Price Inflation in St Louis, Missouri since 1984

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2022 (7.76%), 2021 (5.54%), and 1989 (5.27%).

View price changes for other categories
Food · Milk · Fresh fruits · Televisions · More

Buying power of $15,000.00 since 2019

Below are calculations of equivalent buying power in St. Louis, over time, for $15,000 beginning in 2019. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2019$15,000.001.02%
2020$15,111.530.74%
2021$15,949.435.54%
2022$17,186.967.76%
2023$17,744.673.24%*

* 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 St Louis, Missouri:

Year1984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023
CPI103.300107.100108.650112.150115.750121.850128.150132.100134.700137.450141.300145.250149.600152.900154.500157.600163.050167.300169.050173.400180.350186.200189.550193.231198.700198.472203.187209.776214.768217.965220.217219.322221.075224.747228.851231.187232.906245.820264.894273.489

Adjust St. Louis prices for inflation

Start with the inflation rate formula:

CPI in 2023 / CPI in 2019 * 2019 USD value = 2023 USD value

Then plug in historical CPI values from above. The CPI for St Louis, Missouri was 231.187 in the year 2019 and 273.489 in 2023:

273.489 / 231.187 * $15,000 = $17,744.67

Therefore, according to U.S. Bureau of Labor Statistics, $15,000 in 2019 has the same "purchasing power" as $17,744.67 in 2023 (in the CPI category of St Louis, Missouri).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for St Louis, Missouri in 1984. In addition to St. Louis, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

» Read more about inflation and investment.