St. Louis, Missouri prices: $14,000,000 in 2001 → $23,697,501.49 in 2024

Inflation in Missouri

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Prices in St. Louis, 2001-2024 ($14,000,000)

According to the U.S. Bureau of Labor Statistics, prices in St Louis, Missouri are 69.27% higher in 2024 versus 2001 (a $9,697,501.49 difference in value).

Between 2001 and 2024: St. Louis experienced an average inflation rate of 2.31% per year. This rate of change indicates significant inflation. In other words, $14,000,000 in St. Louis in the year 2001 would cost $23,697,501.49 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.52% during this same period, inflation in St. Louis was lower.

In the year 2001: Pricing changed by 2.61%, which is above the average yearly change in St. Louis during the 2001-2024 time period. Compared to inflation for all items in 2001 (2.83%), inflation in St. Louis was lower.

Price Inflation in St Louis, Missouri since 1984

Consumer Price Index, U.S. Bureau of Labor Statistics
19851990199520002005201020152020-11357
Years with the largest changes in pricing: 2022 (7.76%), 2021 (5.54%), and 1989 (5.27%).
View price changes for other categories
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Buying power of $14,000,000.00 since 2001

Below are calculations of equivalent buying power in St. Louis, over time, for $14,000,000 beginning in 2001. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2001$14,000,000.002.61%
2002$14,146,443.511.05%
2003$14,510,460.252.57%
2004$15,092,050.214.01%
2005$15,581,589.963.24%
2006$15,861,924.691.80%
2007$16,170,000.001.94%
2008$16,627,615.062.83%
2009$16,608,535.56-0.11%
2010$17,003,096.232.38%
2011$17,554,476.993.24%
2012$17,972,175.732.38%
2013$18,239,748.951.49%
2014$18,428,200.841.03%
2015$18,353,263.60-0.41%
2016$18,499,958.160.80%
2017$18,807,280.331.66%
2018$19,150,753.141.83%
2019$19,346,192.471.02%
2020$19,490,041.840.74%
2021$20,570,711.305.54%
2022$22,166,820.087.76%
2023$23,019,414.233.85%
2024$23,697,501.492.95%*

* 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:

Year19841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI103.300107.100108.650112.150115.750121.850128.150132.100134.700137.450141.300145.250149.600152.900154.500157.600163.050167.300169.050173.400180.350186.200189.550193.231198.700198.472203.187209.776214.768217.965220.217219.322221.075224.747228.851231.187232.906245.820264.894275.082283.185

Adjust St. Louis prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 2001 * 2001 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for St Louis, Missouri was 167.300 in the year 2001 and 283.185 in 2024:

283.185 / 167.300 * $14,000,000 = $23,697,501.49

Therefore, according to U.S. Bureau of Labor Statistics, $14,000,000 in 2001 has the same "purchasing power" as $23,697,501.49 in 2024 (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.

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