Inflation Record$100 in 2023 → 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)
$109.85
+9.9% cumulative inflation · 2023–2026
Your $100 in 2023 would have the purchasing power of $109.85 in Australia today.
What this means
- Purchasing power: $100 in 2023 had the same average buying power as $109.85 in 2026.
- Price level change: the overall consumer price level rose by 9.9% across this 3-year span; the purchasing power of a dollar changed by -9.0%.
- 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 2023 | Worth in 2026 |
|---|---|
| $1 | $1.10 |
| $5 | $5.49 |
| $10 | $10.99 |
| $20 | $21.97 |
| $50 | $54.93 |
| $100 | $109.85 |
| $500 | $549.27 |
| $1,000 | $1,098.54 |
| $10,000 | $10,985.40 |
| $100,000 | $109,854.01 |
Key facts about 2023
- Consumer prices rose 5.6% in 2023 — the 25th-largest annual increase in the 1949–2026 record.
- 2023 is in the quarterly-CPI era: its annual average is the mean of the year's four quarterly indexes.
- Since 2023, the overall price level has multiplied about 1.1× — $1.00 in 2023 buys what $1.10 buys in 2026.
$100 in 2023, decade by decade
| Year | Worth | Cumulative price change |
|---|---|---|
| 2026 | $109.85 | +9.9% |
Quarterly CPI in 2023
| Period | Index | Change vs same period, prior year |
|---|---|---|
| Q1 | 132.6 | 7.0% |
| Q2 | 133.7 | 6.0% |
| Q3 | 135.3 | 5.4% |
| Q4 | 136.1 | 4.1% |
Annual average for 2023: 134.425
Verify this calculation
Series: All groups CPI, weighted average of eight capital cities (6401.0); base 2011-12=100; not seasonally adjusted.
Index (2023 annual average): 134.425 · Index (2026 annual average): 147.671 · Ratio: 1.0985
Formula: amount × (indexend / indexstart). Formula v1.0 — annual-average CPI, NSA (per-country basis on each methodology page). Source: Australian Bureau of Statistics.