# \$100 in 2012 is worth \$113.37 today

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## Why a dollar today is worth only 88% of a dollar in 2012

Updated: July 13, 2021

\$100 in 2012 is equivalent in purchasing power to about \$113.37 today, an increase of \$13.37 over 9 years. The dollar had an average inflation rate of 1.40% per year between 2012 and today, producing a cumulative price increase of 13.37%.

This means that today's prices are 1.13 times higher than average prices since 2012, according to Statistics Canada consumer price index. A dollar today only buys 88.21% of what it could buy back then.

The 2012 inflation rate was 0.83%. The current year-over-year inflation rate (2020 to 2021) is now 0.73%1. If this number holds, \$100 today will be equivalent in buying power to \$100.73 next year.

 Cumulative price change 13.37% Average inflation rate 1.40% Converted amount (\$100 base) \$113.37 Price difference (\$100 base) \$13.37 CPI in 2012 121.200 CPI in 2021 137.400 Inflation in 2012 0.83% Inflation in 2021 0.73% \$100 in 2012 \$113.37 in 2021

## Buying power of \$100 in 2012

This chart shows a calculation of buying power equivalence for \$100 in 2012 (price index tracking began in 1914).

For example, if you started with \$100, you would need to end with \$113.37 in order to "adjust" for inflation (sometimes refered to as "beating inflation").

When \$100 is equivalent to \$113.37 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 2012 dollars, the chart below shows how \$100 is worth less over 9 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: 2012-2021
Year Dollar Value Inflation Rate
2012 \$100.00 0.83%
2013 \$101.24 1.24%
2014 \$102.72 1.47%
2015 \$104.37 1.61%
2016 \$105.94 1.50%
2017 \$107.59 1.56%
2018 \$107.92 0.31%
2019 \$110.07 1.99%
2020 \$112.54 2.25%
2021 \$113.37 0.73%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.
Click to show 3 more rows

This conversion table shows various other 2012 amounts in today's dollars, based on the 13.37% change in prices:

Conversion: 2012 dollars today
Initial value Equivalent value
\$1 dollar in 2012 \$1.13 dollars today
\$5 dollars in 2012 \$5.67 dollars today
\$10 dollars in 2012 \$11.34 dollars today
\$50 dollars in 2012 \$56.68 dollars today
\$100 dollars in 2012 \$113.37 dollars today
\$500 dollars in 2012 \$566.83 dollars today
\$1,000 dollars in 2012 \$1,133.66 dollars today
\$5,000 dollars in 2012 \$5,668.32 dollars today
\$10,000 dollars in 2012 \$11,336.63 dollars today
\$50,000 dollars in 2012 \$56,683.17 dollars today
\$100,000 dollars in 2012 \$113,366.34 dollars today
\$500,000 dollars in 2012 \$566,831.68 dollars today
\$1,000,000 dollars in 2012 \$1,133,663.37 dollars today

## How to Calculate Inflation Rate for \$100 since 2012

Our calculations use the following inflation rate formula to calculate the change in value between 2012 and today:

CPI today CPI in 2012
×
=
Today's value

Then plug in historical CPI values. The Canadian CPI was 121.2 in the year 2012 and 137.4 in 2021:

137.4121.2
×
\$100
=
\$113.37

\$100 in 2012 has the same "purchasing power" or "buying power" as \$113.37 in 2021.

To get the total inflation rate for the 9 years between 2012 and 2021, we use the following formula:

CPI in 2021 - CPI in 2012CPI in 2012
×
100
=
Cumulative inflation rate (9 years)

Plugging in the values to this equation, we get:

137.4 - 121.2121.2
×
100
=
13%

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

• Wikileaks discloses 5 million emails from Stratfor, a private intelligence company.
• Kim Jong-un is officially appointed as Supreme Leader of North Korea.
• Ecuador guarantees political asylum to Julian Assange, founder of Wikileaks.

## 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: “Value of 2012 dollars today | Canada Inflation Calculator.” Official Inflation Data, Alioth Finance, 27 Jul. 2021, https://www.officialdata.org/canada/inflation/2012.

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.