# \$100 in 2010 is worth \$123.81 today

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## Value of \$100 from 2010 to 2022

\$100 in 2010 is equivalent in purchasing power to about \$123.81 today, an increase of \$23.81 over 12 years. The dollar had an average inflation rate of 1.80% per year between 2010 and today, producing a cumulative price increase of 23.81%.

This means that today's prices are 1.24 times higher than average prices since 2010, according to Statistics Canada consumer price index. A dollar today only buys 80.77% of what it could buy back then.

The inflation rate in 2010 was 1.78%. The current year-over-year inflation rate (2021 to 2022) is now 1.99%. If this number holds, \$100 today will be equivalent in buying power to \$101.99 next year.

 Cumulative price change 23.81% Average inflation rate 1.80% Converted amount (\$100 base) \$123.81 Price difference (\$100 base) \$23.81 CPI in 2010 116.467 CPI in 2022 144.200 Inflation in 2010 1.78% Inflation in 2022 1.99% \$100 in 2010 \$123.81 in 2022

## Buying power of \$100 in 2010

This chart shows a calculation of buying power equivalence for \$100 in 2010 (price index tracking began in 1914).

For example, if you started with \$100, you would need to end with \$123.81 in order to "adjust" for inflation (sometimes refered to as "beating inflation").

When \$100 is equivalent to \$123.81 over time, that means that the "real value" of a single Canadian dollar decreases over time. In other words, a dollar will pay for fewer items at the store.

This effect explains how inflation erodes the value of a dollar over time. By calculating the value in 2010 dollars, the chart below shows how \$100 is worth less over 12 years.

According to Statistics Canada, each of these CAD amounts below is equal in terms of what it could buy at the time:

Dollar inflation: 2010-2022
Year Dollar Value Inflation Rate
2010 \$100.00 1.78%
2011 \$102.91 2.91%
2012 \$104.47 1.52%
2013 \$105.45 0.94%
2014 \$107.46 1.91%
2015 \$108.67 1.13%
2016 \$110.22 1.43%
2017 \$111.98 1.60%
2018 \$114.52 2.27%
2019 \$116.76 1.95%
2020 \$117.59 0.72%
2021 \$121.40 3.24%
2022 \$123.81 1.99%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.
Click to show 6 more rows

This conversion table shows various other 2010 amounts in today's dollars, based on the 23.81% change in prices:

Conversion: 2010 dollars today
Initial value Equivalent value
\$1 dollar in 2010 \$1.24 dollars today
\$5 dollars in 2010 \$6.19 dollars today
\$10 dollars in 2010 \$12.38 dollars today
\$50 dollars in 2010 \$61.91 dollars today
\$100 dollars in 2010 \$123.81 dollars today
\$500 dollars in 2010 \$619.06 dollars today
\$1,000 dollars in 2010 \$1,238.12 dollars today
\$5,000 dollars in 2010 \$6,190.61 dollars today
\$10,000 dollars in 2010 \$12,381.22 dollars today
\$50,000 dollars in 2010 \$61,906.12 dollars today
\$100,000 dollars in 2010 \$123,812.25 dollars today
\$500,000 dollars in 2010 \$619,061.25 dollars today
\$1,000,000 dollars in 2010 \$1,238,122.50 dollars today

## How to Calculate Inflation Rate for \$100 since 2010

Our calculations use the following inflation rate formula to calculate the change in value between 2010 and today:

CPI today CPI in 2010
×
=
Today's value

Then plug in historical CPI values. The Canadian CPI was 116.4666667 in the year 2010 and 144.2 in 2022:

144.2116.4666667
×
\$100
=
\$123.81

\$100 in 2010 has the same "purchasing power" or "buying power" as \$123.81 in 2022.

To get the total inflation rate for the 12 years between 2010 and 2022, we use the following formula:

CPI in 2022 - CPI in 2010CPI in 2010
×
100
=
Cumulative inflation rate (12 years)

Plugging in the values to this equation, we get:

144.2 - 116.4666667116.4666667
×
100
=
24%

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

• The Copiapo mining accident in Chile ends, after 33 miners resurface having spent 69 days trapped in the ruins.
• Big Haiti earthquake kills 230,000 people and leaves most of Port-au-Prince, its capital, in ruins.
• An explosion on the Deepwater Horizon (a drilling rig), kills 11 people and spills a massive amount of oil into the Gulf of Mexico.
• The US military abolishes the "Don't Ask Don't Tell" policy, which had banned LGBT+ people from openly serving in the US military.

## Data Source & Citation

Raw data for these calculations comes from the government of Canada's annual Consumer Price Index (CPI), established in 1914 and computed by Statistics Canada (StatCan).

You may use the following MLA citation for this page: “\$100 in 2010 → 2022 | Canada Inflation Calculator.” Official Inflation Data, Alioth Finance, 28 Jan. 2022, https://www.officialdata.org/ca/inflation/2010?amount=100.

Special thanks to QuickChart for their chart image API, which is used for chart downloads.

in2013dollars.com is a reference website maintained by the Official Data Foundation.