8/31/2023 0 Comments Average american finances 2015![]() ![]() The Consumer Price Index, used above, is the most common standard used globally.Īlternative measurements are sometimes used based on context and economic/political circumstances. Published rates of inflation will vary depending on methodology. There are multiple ways to measure inflation. In Canada, CA$100.00 in 2015 would be equivalent to CA$128.19 in 2023, an absolute change of CA$28.19 and a cumulative change of 28.19%. For comparison, in the UK £100.00 in 2015 would be equivalent to £141.84 in 2023, an absolute change of £41.84 and a cumulative change of 41.84%. Inflation can also vary widely by country. ![]() ![]() Note that some locations showing 0% inflation may have not yet reported latest data. New York experienced the lowest rate of inflation during the 8 years between 20 (2.60%). San Diego, California experienced the highest rate of inflation during the 8 years between 20 (4.30%). Philadelphia, Pennsylvania: 2.65% average rate, $100 → $123.24, cumulative change of 23.24%.Minneapolis-St Paul, Minnesota: 3.07% average rate, $100 → $123.61, cumulative change of 23.61%.San Francisco, California: 3.39% average rate, $100 → $130.59, cumulative change of 30.59%.Miami-Fort Lauderdale, Florida: 3.79% average rate, $100 → $134.66, cumulative change of 34.66%.Here's how some cities fared in 2015 to 2023 (figures shown are purchasing power equivalents of $100): Inflation can vary widely by city, even within the United States. ![]()
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