How much Chanel's bag would cost if price only went up with inflation?

The Chanel Classic Flap bag cost $1,150 in 1990 but now is priced at $10,200. A look at this graph reveals that the price surge of the iconic bag has far outpaced inflation, owing to demand, Chanel playing the exclusivity game, and the label’s efforts to try and become Hermès. It shows the Chanel Classic Flap would actually cost $2,455 if prices had risen as per inflation alone. However, the bag retails for $10,200 today.