United States Current Inflation Rate : (1920-2022)

The inflation rate, commonly known as the “cost of living,” has risen from reaching a low of -2.1% in July 2009. According to official sources, the current US inflation rate is 8.5% during the 12 months ended March 2022 – the highest rate since early 1984 (when it was 7.6%).

Inflation Banner

8.5%

US Current Inflation Rate

7.9% Previous | 287.7 CPI


[Inflation rates are usually tracked every month and published by government authorities – The April 2022 report is scheduled for release on April 10-12 by the Bureau of Labor Statistics.]

Related Post –

US Inflation Rates By Month

Government agencies measure inflation with the help of a product basket. The basket includes items that are commonly bought by consumers, such as groceries, clothes, rent, power, telecommunications, recreational activities, and raw materials (e.g., gas, oil), as well as federal fees and taxes.

United States Annual Inflation Rates (2009-2022)

The chart displays Annual US inflation rates for the last 14 years, and as you can see, the inflation rates are increasing in the previous two years, and also the annual rates jumped 1.36% to 8.5% in one year. If you want to calculate accumulated rates between two dates, use the US Inflation Calculator to understand how the purchasing power affects.


Historical Inflation Rates of United States (1920-2022)

These are the years of historic inflation rates of the USA. The data is collected from 1920 to 2022. The table can be easily filtered by year or value to help you to find the inflation rates for a specific period. Results are also shown in ascending order based on the date of the calculation so that you can explore them more quickly.

YEARJANFEBMARAPRMAYJUNJULAUGSEPOCTNOVDEC
20227.57.9
20211.41.72.64.255.45.45.35.46.26.87
20202.52.31.50.30.10.611.31.41.21.21.4
20191.61.51.921.81.61.81.71.71.82.12.3
20182.12.22.42.52.82.92.92.72.32.52.21.9
20172.52.72.42.21.91.61.71.92.222.22.1
20161.410.91.1110.81.11.51.61.72.1
2015-0.10-0.1-0.200.10.20.200.20.50.7
20141.61.11.522.12.121.71.71.71.30.8
20131.621.51.11.41.821.51.211.21.5
20122.92.92.72.31.71.71.41.722.21.81.7
20111.62.12.73.23.63.63.63.83.93.53.43
20102.62.12.32.221.11.21.11.11.21.11.5
200900.2-0.4-0.7-1.3-1.4-2.1-1.5-1.3-0.21.82.7
20084.3443.94.255.65.44.93.71.10.1
20072.12.42.82.62.72.72.422.83.54.34.1
200643.63.43.54.24.34.13.82.11.322.5
2005333.13.52.82.53.23.64.74.33.53.4
20041.91.71.72.33.13.332.72.53.23.53.3
20032.6332.22.12.12.12.22.321.81.9
20021.11.11.51.61.21.11.51.81.522.22.4
20013.73.52.93.33.63.22.72.72.62.11.91.6
20002.73.23.83.13.23.73.73.43.53.43.43.4
19991.71.61.72.32.122.12.32.62.62.62.7
19981.61.41.41.41.71.71.71.61.51.51.51.6
1997332.82.52.22.32.22.22.22.11.81.7
19962.72.72.82.92.92.832.9333.33.3
19952.82.92.93.13.232.82.62.52.82.62.5
19942.52.52.52.42.32.52.82.932.62.72.7
19933.33.23.13.23.232.82.82.72.82.72.7
19922.62.83.23.233.13.23.133.232.9
19915.75.34.94.954.74.43.83.42.933.1
19905.25.35.24.74.44.74.85.66.26.36.36.1
19894.74.855.15.45.254.74.34.54.74.6
198843.93.93.93.944.144.24.24.24.4
19871.52.133.83.93.73.94.34.44.54.54.4
19863.93.12.31.61.51.81.61.61.81.51.31.1
19853.53.53.73.73.83.83.63.33.13.23.53.8
19844.24.64.84.64.24.24.24.34.34.34.13.9
19833.73.53.63.93.52.62.52.62.92.93.33.8
19828.47.66.86.56.77.16.45.955.14.63.8
198111.811.410.5109.89.610.810.81110.19.68.9
198013.914.214.814.714.414.413.112.912.612.812.612.5
19799.39.910.110.510.910.911.311.812.212.112.613.3
19786.86.46.66.577.47.77.88.38.98.99
19775.25.96.476.76.96.86.66.66.46.76.7
19766.76.36.166.265.45.75.55.54.94.9
197511.811.210.310.29.59.49.78.67.97.47.46.9
19749.41010.410.110.710.911.510.911.912.112.212.3
19733.63.94.65.15.565.77.47.47.88.38.7
19723.33.53.53.53.22.72.92.93.23.43.73.4
19715.354.74.24.44.64.44.64.13.83.33.3
19706.26.15.86.16665.45.75.65.65.6
19694.44.75.25.55.55.55.45.75.75.75.96.2
19683.643.93.93.94.24.54.54.54.74.74.7
19673.52.82.82.52.82.82.82.42.82.42.73
19661.92.62.62.92.92.52.83.53.53.83.83.5
1965111.31.61.61.91.61.91.61.91.61.9
19641.61.61.31.31.31.31.311.311.31
19631.311.3111.31.31.311.31.31.6
19620.7111.31.31.311.31.31.31.31.3
19611.71.41.4110.71.411.40.70.70.7
196011.71.71.71.71.71.41.411.41.41.4
19591.410.30.30.30.70.711.41.71.41.7
19583.63.23.63.63.22.82.52.12.12.12.11.8
195733.43.73.73.73.33.33.73.32.93.32.9
19560.40.40.40.71.11.92.21.91.92.22.23
1955-0.7-0.7-0.7-0.4-0.7-0.7-0.4-0.40.40.40.40.4
19541.11.51.10.80.70.40.40-0.4-0.7-0.4-0.7
19530.40.81.10.81.11.10.40.70.71.10.70.7
19524.32.31.92.31.92.33.13.12.31.91.10.8
19518.19.49.39.39.38.87.56.676.56.96
1950-2.1-1.3-0.8-1.3-0.4-0.41.72.12.13.83.85.9
19491.31.31.70.4-0.4-0.8-2.9-2.9-2.4-2.9-1.7-2.1
194810.29.36.88.79.19.59.98.96.56.14.83
194718.118.819.71918.417.612.111.412.710.68.58.8
19462.21.72.83.43.43.39.411.612.714.917.718.1
19452.32.32.31.72.32.82.32.32.32.32.32.2
1944331.20.600.61.72.31.71.71.72.3
19437.677.58.17.47.46.14.85.54.23.63
194211.312.112.712.613.210.911.610.79.39.29.19
19411.40.71.42.12.94.356.47.99.3109.9
1940-0.70.70.71.41.42.21.41.4-0.7000.7
1939-1.4-1.4-1.4-2.8-2.1-2.1-2.1-2.10000
19380.70-0.7-0.7-2.1-2.1-2.8-2.8-3.4-4.1-3.4-2.8
19372.22.23.64.45.14.34.33.64.34.33.62.9
19361.50.70-0.7-0.70.71.52.22.22.21.41.4
19353333.83.82.22.22.20.71.52.23
19342.34.75.65.65.65.52.31.532.32.31.5
1933-9.8-9.9-10-9.4-8-6.6-3.7-2.2-1.5-0.800.8
1932-10.1-10.2-10.3-10.3-10.5-9.9-9.9-10.6-10.7-10.7-10.2-10.3
1931-7-7.6-7.7-8.8-9.5-10.1-9-8.5-9.6-9.7-10.4-9.3
19300-0.6-0.60.6-0.6-1.8-4-4.6-4-4.6-5.2-6.4
1929-1.20-0.6-1.2-1.201.21.200.60.60.6
1928-1.1-1.7-1.2-1.2-1.1-2.8-1.2-0.60-1.1-0.6-1.2
1927-2.2-2.8-2.8-3.4-2.2-0.6-1.1-1.1-1.1-1.1-2.3-2.3
19263.54.12.94.12.91.1-1.1-1.7-1.1-0.6-1.7-1.1
1925001.21.21.82.93.54.13.52.94.73.5
192432.41.80.60.60-0.6-0.6-0.6-0.6-0.60
1923-0.6-0.60.61.21.21.82.433.63.632.4
1922-11.1-8.2-8.7-7.7-5.6-5.1-5.1-6.2-5.1-4.6-3.4-2.3
1921-1.6-5.6-7.1-10.8-14.1-15.8-14.9-12.8-12.5-12.1-12.1-10.8
19201720.420.121.621.923.719.514.712.49.972.6

(Second column is for annual rate and later monthly rates)

What is Inflation Rate?

Inflation rate is the pace at which prices increase inside an economy over a period of time, and it can be calculated by comparing the cost of goods sold — also known as the Consumer Price Index (CPI).

Percent inflation rate = (Final CPI Index Value/Initial CPI Value)*100

The CPI is one of the most important key economic indicators in each country’s economy. It is a measure of consumer price inflation, that gives an indication of the average price increase for a select basket of consumer goods and services over time.

Inflation has a negative effect on the purchasing power of money. This is one of the reasons that you see prices increasing over time. The inflation rate is a common measure of how fast the level of prices are rising or falling in an economy.

For Example –

Let’s say you have $1 in your pocket during Jan 1970, and since you wish to know how much $1 of January 1970 would be worth in Jan 2022. So we used this formula with CPI figures for the given two months.

Percent inflation rate = (281.15/37.80)*100 = (7.437)*100 = 743.78%

A simpler statement of the same idea might be: The hand burger (as included in the CPI definition) you could buy for $1 in Jan 1970 would cost you $7.43 ($1×743.78%) in Jan 2022.