According to the U.S. Bureau of Labor Statistics, prices for personal consumption expenditures price index were 119.90% higher in 2022 versus 1987 (a $20,882,225.47 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 $17,416,574 in the year 1987 would cost $38,298,799.47 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 3.09%, 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 $17,416,574 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 | $17,416,574.00 | 3.09% |
| 1988 | $18,097,159.10 | 3.91% |
| 1989 | $18,887,418.45 | 4.37% |
| 1990 | $19,716,627.28 | 4.39% |
| 1991 | $20,375,937.23 | 3.34% |
| 1992 | $20,919,058.43 | 2.67% |
| 1993 | $21,440,134.83 | 2.49% |
| 1994 | $21,887,517.83 | 2.09% |
| 1995 | $22,348,342.11 | 2.11% |
| 1996 | $22,826,263.48 | 2.14% |
| 1997 | $23,223,509.68 | 1.74% |
| 1998 | $23,408,306.68 | 0.80% |
| 1999 | $23,749,368.87 | 1.46% |
| 2000 | $24,350,048.44 | 2.53% |
| 2001 | $24,838,195.08 | 2.00% |
| 2002 | $25,164,414.14 | 1.31% |
| 2003 | $25,693,049.55 | 2.10% |
| 2004 | $26,330,836.95 | 2.48% |
| 2005 | $27,089,485.93 | 2.88% |
| 2006 | $27,852,285.49 | 2.82% |
| 2007 | $28,566,982.30 | 2.57% |
| 2008 | $29,412,353.66 | 2.96% |
| 2009 | $29,330,359.09 | -0.28% |
| 2010 | $29,855,696.02 | 1.79% |
| 2011 | $30,610,991.56 | 2.53% |
| 2012 | $31,181,819.94 | 1.86% |
| 2013 | $31,592,974.70 | 1.32% |
| 2014 | $32,035,162.60 | 1.40% |
| 2015 | $32,093,847.95 | 0.18% |
| 2016 | $32,418,830.08 | 1.01% |
| 2017 | $32,984,793.22 | 1.75% |
| 2018 | $33,659,935.84 | 2.05% |
| 2019 | $34,142,090.25 | 1.43% |
| 2020 | $34,515,614.92 | 1.09% |
| 2021 | $35,944,128.96 | 4.14% |
| 2022 | $38,298,799.47 | 6.55% |
| 2023 | $39,743,695.93 | 3.77% |
| 2024 | $40,662,826.66 | 2.31%* |
* 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 | 2024 |
| CPI | 15.290 | 15.541 | 15.702 | 15.886 | 16.076 | 16.309 | 16.544 | 16.962 | 17.389 | 18.069 | 18.883 | 19.766 | 20.605 | 21.308 | 22.456 | 24.793 | 26.860 | 28.333 | 30.176 | 32.276 | 35.143 | 38.928 | 42.415 | 44.771 | 46.676 | 48.439 | 50.128 | 51.219 | 52.802 | 54.865 | 57.261 | 59.775 | 61.774 | 63.420 | 65.000 | 66.356 | 67.754 | 69.203 | 70.407 | 70.967 | 72.001 | 73.822 | 75.302 | 76.291 | 77.894 | 79.827 | 82.127 | 84.440 | 86.607 | 89.170 | 88.921 | 90.514 | 92.803 | 94.534 | 95.781 | 97.121 | 97.299 | 98.284 | 100.000 | 102.047 | 103.509 | 104.641 | 108.972 | 116.111 | 120.491 | 123.278 |