Inflation Record$100 in 2024 → Today (Australia)
Official data verified · CPI (ABS) · Annual average · Not seasonally adjusted · Data through September 2026 (fetched 2026-11-02) · All groups CPI, weighted average of eight capital cities (6401.0)
$106.49
+6.5% cumulative inflation · 2024–2026
Your $100 in 2024 would have the purchasing power of $106.49 in Australia today.
What this means
- Purchasing power: $100 in 2024 had the same average buying power as $106.49 in 2026.
- Price level change: the overall consumer price level rose by 6.5% across this 2-year span; the purchasing power of a dollar changed by -6.1%.
- This measures the broad basket of consumer goods and services (CPI (ABS)). Individual expenses moved at different rates.
What this means in other amounts
| In 2024 | Worth in 2026 |
|---|---|
| $1 | $1.06 |
| $5 | $5.32 |
| $10 | $10.65 |
| $20 | $21.30 |
| $50 | $53.24 |
| $100 | $106.49 |
| $500 | $532.44 |
| $1,000 | $1,064.87 |
| $10,000 | $10,648.73 |
| $100,000 | $106,487.30 |
Key facts about 2024
- Consumer prices rose 3.2% in 2024 — the 42nd-largest annual increase in the 1949–2026 record.
- 2024 is in the quarterly-CPI era: its annual average is the mean of the year's four quarterly indexes.
- Since 2024, the overall price level has multiplied about 1.1× — $1.00 in 2024 buys what $1.06 buys in 2026.
$100 in 2024, decade by decade
| Year | Worth | Cumulative price change |
|---|---|---|
| 2026 | $106.49 | +6.5% |
Quarterly CPI in 2024
| Period | Index | Change vs same period, prior year |
|---|---|---|
| Q1 | 137.4 | 3.6% |
| Q2 | 138.8 | 3.8% |
| Q3 | 139.1 | 2.8% |
| Q4 | 139.4 | 2.4% |
Annual average for 2024: 138.675
Verify this calculation
Series: All groups CPI, weighted average of eight capital cities (6401.0); base 2011-12=100; not seasonally adjusted.
Index (2024 annual average): 138.675 · Index (2026 annual average): 147.671 · Ratio: 1.0649
Formula: amount × (indexend / indexstart). Formula v1.0 — annual-average CPI, NSA (per-country basis on each methodology page). Source: Australian Bureau of Statistics.