# \$13,000,000,000 in 2010 → \$15,379,641,009.65 in 2020

## Inflation Calculator

\$

### U.S. Inflation Rate, \$13,000,000,000 from 2010 to 2020

According to the Bureau of Labor Statistics consumer price index, today's prices in 2020 are 18.30% higher than average prices since 2010. The U.S. dollar experienced an average inflation rate of 1.70% per year during this period, meaning the real value of a dollar decreased.

In other words, \$13,000,000,000 in 2010 is equivalent in purchasing power to about \$15,379,641,009.65 in 2020, a difference of \$2,379,641,009.65 over 10 years.

The 2010 inflation rate was 1.64%. The current inflation rate (2019 to 2020) is now 2.49%1. If this number holds, \$13,000,000,000 today will be equivalent in buying power to \$13,323,254,354.18 next year. The current inflation rate page gives more detail on the latest official inflation rates.

 Cumulative price change 18.30% Average inflation rate 1.70% Converted amount (\$13,000,000,000 base) \$15,379,641,009.65 Price difference (\$13,000,000,000 base) \$2,379,641,009.65 CPI in 2010 218.056 CPI in 2020 257.971 Inflation in 2010 1.64% Inflation in 2020 2.49%

USD Inflation since 1913
Annual Rate, the Bureau of Labor Statistics CPI

### Buying power of \$13,000,000,000 in 2010

This chart shows a calculation of buying power equivalence for \$13,000,000,000 in 2010 (price index tracking began in 1635).

For example, if you started with \$13,000,000,000, you would need to end with \$15,379,641,009.65 in order to "adjust" for inflation (sometimes refered to as "beating inflation").

When \$13,000,000,000 is equivalent to \$15,379,641,009.65 over time, that means that the "real value" of a single U.S. 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 \$13,000,000,000 buys less over the past 10 years.

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

Year Dollar Value Inflation Rate
2010 \$13,000,000,000.00 1.64%
2011 \$13,410,348,717.76 3.16%
2012 \$13,687,869,171.22 2.07%
2013 \$13,888,363,539.64 1.46%
2014 \$14,113,658,876.62 1.62%
2015 \$14,130,411,453.94 0.12%
2016 \$14,308,668,415.45 1.26%
2017 \$14,613,493,781.41 2.13%
2018 \$14,977,758,007.12 2.49%
2019 \$15,241,715,430.90 1.76%
2020 \$15,379,641,009.65 0.90%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.
Click to show 4 more rows

### Inflation by City

Inflation can vary widely by city, even within the United States. Here's how some cities fared in 2010 to 2020 (figures shown are purchasing power equivalents of \$13,000,000,000):

• San Diego, California: 3.29% average rate, \$13,000,000,000 → \$17,397,651,962.39, cumulative change of 33.83%
• San Francisco, California: 2.93% average rate, \$13,000,000,000 → \$16,857,315,620.71, cumulative change of 29.67%
• Denver, Colorado: 2.57% average rate, \$13,000,000,000 → \$16,338,131,392.77, cumulative change of 25.68%
• Seattle, Washington: 2.28% average rate, \$13,000,000,000 → \$15,927,101,036.08, cumulative change of 22.52%
• Miami-Fort Lauderdale, Florida: 2.13% average rate, \$13,000,000,000 → \$15,720,359,987.71, cumulative change of 20.93%
• Phoenix, Arizona: 2.13% average rate, \$13,000,000,000 → \$15,715,191,961.23, cumulative change of 20.89%
• Atlanta, Georgia: 2.01% average rate, \$13,000,000,000 → \$15,552,414,515.65, cumulative change of 19.63%
• Minneapolis-St Paul, Minnesota: 1.87% average rate, \$13,000,000,000 → \$15,356,391,218.92, cumulative change of 18.13%
• Boston, Massachusetts: 1.85% average rate, \$13,000,000,000 → \$15,620,386,729.62, cumulative change of 20.16%
• Houston, Texas: 1.85% average rate, \$13,000,000,000 → \$15,326,733,081.50, cumulative change of 17.90%
• Tampa, Florida: 1.85% average rate, \$13,000,000,000 → \$15,326,515,214.16, cumulative change of 17.90%
• Dallas-Fort Worth, Texas: 1.71% average rate, \$13,000,000,000 → \$15,409,132,737.98, cumulative change of 18.53%
• New York: 1.59% average rate, \$13,000,000,000 → \$15,221,276,168.80, cumulative change of 17.09%
• Detroit, Michigan: 1.54% average rate, \$13,000,000,000 → \$14,917,644,466.52, cumulative change of 14.75%
• St Louis, Missouri: 1.41% average rate, \$13,000,000,000 → \$14,742,736,634.59, cumulative change of 13.41%
• Chicago, Illinois: 1.39% average rate, \$13,000,000,000 → \$14,923,130,464.74, cumulative change of 14.79%
• Philadelphia, Pennsylvania: 1.33% average rate, \$13,000,000,000 → \$14,646,865,421.23, cumulative change of 12.67%

San Diego, California experienced the highest rate of inflation during the 10 years between 2010 and 2020 (3.29%).

Philadelphia, Pennsylvania experienced the lowest rate of inflation during the 10 years between 2010 and 2020 (1.33%).

Note that some locations showing 0% inflation may have not yet reported latest data.

### Inflation by Country

Inflation can also vary widely by country. For comparison, in the UK £13,000,000,000.00 in 2010 would be equivalent to £16,778,731,930.84 in 2020, an absolute change of £3,778,731,930.84 and a cumulative change of 29.07%.

In Canada, CA\$13,000,000,000.00 in 2010 would be equivalent to CA\$15,091,063,829.79 in 2020, an absolute change of CA\$2,091,063,829.79 and a cumulative change of 16.09%.

Compare these numbers to the US's overall absolute change of \$2,379,641,009.65 and total percent change of 18.30%.

### Inflation by Spending Category

CPI is the weighted combination of many categories of spending that are tracked by the government. This chart shows the average rate of inflation for select CPI categories between 2010 and 2020.

Compare these values to the overall average of 1.70% per year:

Category Avg Inflation (%) Total Inflation (%) \$13,000,000,000 in 2010 → 2020
Food and beverages 1.70 18.34 15,384,093,780.36
Housing 2.24 24.76 16,218,387,216.85
Apparel 0.11 1.13 13,146,849,775.35
Transportation 0.74 7.70 14,000,770,837.98
Medical care 2.79 31.71 17,121,859,792.95
Recreation 0.75 7.80 14,013,457,821.86
Education and communication 0.68 7.02 13,912,460,193.00
Other goods and services 1.86 20.20 15,625,970,036.32

The graph below compares inflation in categories of goods over time. Click on a category such as "Food" to toggle it on or off:

For all these visualizations, it's important to note that not all categories may have been tracked since 2010. This table and charts use the earliest available data for each category.

### How to Calculate Inflation Rate for \$13,000,000,000 since 2010

This inflation calculator uses the following inflation rate formula:

CPI in 2020CPI in 2010
×
2010 USD value
=
2020 USD value

Then plug in historical CPI values. The U.S. CPI was 218.056 in the year 2010 and 257.971 in 2020:

257.971218.056
×
\$13,000,000,000
=
\$15,379,641,009.65

\$13,000,000,000 in 2010 has the same "purchasing power" or "buying power" as \$15,379,641,009.65 in 2020.

To get the total inflation rate for the 10 years between 2010 and 2020, we use the following formula:

CPI in 2020 - CPI in 2010CPI in 2010
×
100
=
Cumulative inflation rate (10 years)

Plugging in the values to this equation, we get:

257.971 - 218.056218.056
×
100
=
18%

### Alternate Measurements of Inflation

The above data describe the CPI for all items. Also of note is the Core CPI, which measures inflation for all items except for the more volatile categories of food and energy. Core inflation averaged 1.86% per year between 2010 and 2020 (vs all-CPI inflation of 1.70%), for an inflation total of 20.18%.

When using the core inflation measurement, \$13,000,000,000 in 2010 is equivalent in buying power to \$15,623,502,671.71 in 2020, a difference of \$2,623,502,671.71. Recall that for All Items, the converted amount is \$15,379,641,009.65 with a difference of \$2,379,641,009.65.

In 2010, core inflation was 0.96%.

Chained CPI is an alternative measurement that takes into account how consumers adjust spending for similar items. Chained inflation averaged 1.46% per year between 2010 and 2020, a total inflation amount of 20.18%.

According to the Chained CPI measurement, \$13,000,000,000 in 2010 is equal in buying power to \$15,026,923,022.75 in 2020, a difference of \$2,026,923,022.75 (versus a converted amount of \$15,379,641,009.65/change of \$2,379,641,009.65 for All Items).

In 2010, chained inflation was 1.42%.

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 army abolishes the "Don't Ask Don't Tell" policy, which had banned homosexuals from openly serving in the US military.

### Data Source & Citation

Raw data for these calculations comes from the Bureau of Labor Statistics' (CPI), established in 1913. Inflation data from 1665 to 1912 is sourced from a historical study conducted by political science professor Robert Sahr at Oregon State University.

You may use the following MLA citation for this page: “\$13,000,000,000 in 2010 → 2020 | Inflation Calculator.” Official Inflation Data, Alioth Finance, 27 Feb. 2020, https://www.officialdata.org/us/inflation/2010?amount=13000000000.