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- The dollar had an average inflation rate of 4.96% per year between 2020 and today, producing a cumulative price increase of 21.35%. This means that today's prices are 1.21 times as high as average prices since 2020, according to the Bureau of Labor Statistics consumer price index.
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How much have consumer prices risen since February 2020?
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Jun 12, 2024 · The 5.04% inflation rate means $100 in 2021 is equivalent to $115.91 today. This inflation calculator uses the official US consumer price index published by the Department of Labor.
6 days ago · Since February 2020, the Consumer Price Index has climbed a cumulative 20.8%, according to Bureau of Labor Statistics data. Over that same period, average hourly earnings rose 22.3%.
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Jun 12, 2024 · Since February 2020, consumer prices have jumped 20.8 percent, a Bankrate analysis of Bureau of Labor Statistics data shows. That’s well above the historic average for a four-year period.
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