The price of an item costing $100 in 2021 has increased by 27% to $127, with $21 of that increase occurring under the Biden administration.
Posted by The Fox News Rundown, Checked
- Sources
- 3 contradict1 support3 context
- Said
- 1 time·
- Confidence
- 50%
The Fox News RundownOct 23, 2026
The $21-of-$27 Biden/Trump split and a 27% cumulative rise match one unrated Jan-2021-base analysis (source 9), but the inflation calculators using a 2021 annual-average base show about 24-25%, and factcheck.org's BLS figures give a different Trump-period share. The claim's 27% figure therefore holds on one measure and base but not another, and the post's wording tracks the first.
A detail. The sources confirm the gist; the verdict faults a detail such as a date, number or wording.
A guest makes this claim. Listeners heard it, so it counts against the post, and on the guest's own record.
What was said
… When I've had these conversations, we were door knocking specifically independents who hadn't turned their ballots in yet, talking to everybody that we can. You know, I broke it down like this for a young man that I was talking to: if you bought something in 2021 for $100, today it's $127. It has gone up 27%, but 21 of those dollars were under the Biden administration. Six of those dollars has come under Trump. And so why do you want to put the party back in power that created 9% inflation, that created open borders, that allowed people to come in, that massively the Fed said 30% of the increase in housing costs was from …
The Fox News Rundown · · from the transcriptPost →What we found
Contradicts. Inflation calculators using 2021 annual-average CPI put cumulative inflation to 2026 at about 24.35% to 24.66%, so $100 in 2021 is about $124-125 today rather than $127.[4][5][6]
Supports. A 2026 analysis reports consumer prices 27.2% higher than January 2021, so $100 becomes about $127, with about $21 of the increase during Biden's term and about $6 under Trump.[7]
Context. Factcheck.org reports BLS CPI growth of 4.34% from January 2025 to July 2026 and 12.27% over Biden's first 18 months, which bears on how the total splits between administrations.[1]
Context. A 2024 PolitiFact analysis put inflation at 19.3% since January 2021 at that point, showing that cumulative totals depend heavily on the end date.[2]
Context. The BLS's own cumulative-inflation chart is the authoritative basis for these comparisons, but the sources give no single agreed total for the claimed period.[3]
Sources
7 sources: 3 fact-checkers, 4 not rated
- 1Trump Uses Deceptive Chart in False Inflation Boastfactcheck.org · fact-checker · cited for: context
- 2Have wages exceeded inflation under Joe Biden? It dependspolitifact.com · fact-checker · cited for: context
- 3Cumulative inflation by presidentreuters.com · fact-checker · cited for: context
- 4$1200000 in 2021 → 2026 - Inflation Calculatorofficialdata.org · not rated · cited for: contradicts
- 5Value of 2021 US Dollars today - Inflation Calculatorinflationtool.com · not rated · cited for: contradicts
- 6$160000 in 2021 → 2026 - Inflation Calculatorin2013dollars.com · not rated · cited for: contradicts
- 7k-12 tax & $pending climate: Most of today’s higher prices are Biden-era inflationschoolinfosystem.org · not rated · cited for: supports
Where this claim was made
Said in 1 published post
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