Canadian dollars · 2023
What is $100 from 2023 worth today?
$100 in 2023 had the same buying power as $104.52 in 2025, a 4.5% rise in prices (2.23% a year). At September 2026 prices it is $108.21.
Annual average CPI · 2002=100
2023 in numbers
$100 from 2023, in 2025 dollars
$104.52
+4.5% since 2023
$100 from 2023, at September 2026 prices
$108.21
Latest monthly CPI 170.0
Inflation in 2023
+3.9%
36th highest of 111 years
CPI in 2023
157.1
2020s average: 3.2% a year
2023 dollars in 2025 dollars
| In 2023 | In 2025 |
|---|---|
| $1 | $1.05 |
| $10 | $10.45 |
| $100 | $104.52 |
| $1,000 | $1,045 |
| $10,000 | $10,452 |
| $50,000 | $52,260 |
$100 from 2023, year by year
What changed in price during 2023
Change in each annual average index from 2022 to 2023.
| All-items CPI | +3.9% |
| Food | +7.5% |
| Shelter | +5.6% |
| Household operations, furnishings and equipment | +0.8% |
| Clothing and footwear | +1.0% |
| Transportation | +0.9% |
| Health and personal care | +5.7% |
| Recreation, education and reading | +2.3% |
| Alcohol, tobacco and cannabis | +5.1% |
| Groceries (food purchased from stores) | +7.8% |
| Rent | +6.5% |
| Electricity | +5.9% |
| Gasoline | −7.6% |
The Bank of Canada’s policy interest rate stood at 5.00% at the end of 2023.
Source: Statistics Canada, table 18-10-0005-01 (annual average CPI, 1914 to 2025); Bank of Canada Valet API (policy rate V39079; CPI-trim, CPI-median, CPI-common). Retrieved October 30, 2026. “Today” uses the 2025 annual average, the latest full year. The September 2026 figure compares a single month with 2023’s annual average.
Straight answers
2023 dollars, answered
How much is $100 from 2023 worth today?
$104.52 in 2025 dollars, using Statistics Canada’s annual average CPI: 100 × 164.2 ÷ 157.1. Against the latest monthly index (September 2026, 170.0) it is $108.21.
What was the inflation rate in Canada in 2023?
The annual average CPI rose 3.9% in 2023, from 151.2 in 2022 to 157.1. That ranks 36th highest of the 111 years from 1915 to 2025.
How much was $100 of 2025 money worth in 2023?
$95.68. Prices in 2023 were 4.3% lower than in 2025, so $95.68 then bought what $100 bought in 2025.
