$100 in 1992 is worth $123 in 2000,
because prices increased 22.7% over that period, an average of
2.59% a year.
$100 in 1992 has
the same buying power as
$123
in 2000
Detailed inflation statistics
Cumulative price change
22.7%
Average inflation rate
2.59% per year
Converted amount ($100 base)
$123
Price difference ($100 base)
$22.74
CPI in 1992
140.3
CPI in 2000
172.2
Inflation in 1992
3.01%
Inflation in 2000
3.36%
$100 in 1992 → 2000
$123
$100 in 2000 → 1992
$81.48
What happened to prices between 1992 and 2000
Between 1992 and 2000, the Consumer Price Index went from 140.3 to 172.2.
Cumulatively, prices increased 22.7%, which works out to an average of
2.59% per year. Put differently, a dollar in 1992 bought what
$0.81 buys in 2000: the 1992 dollar
lost 18.5% of its purchasing power over
these 8 years.
1992 was the year the recovery finally showed up in the numbers, if not yet in hiring. The
median household earned about $30,600, gas averaged $1.13 a gallon, and a new home cost roughly
$121,500. Inflation ran at 3.0% for the year, its calmest reading since the mid-1980s, as energy
prices stayed well below their 1990 peak and a slack labor market kept a lid on wages and prices
alike. The Federal Reserve kept cutting its policy rate through the year, reaching about 3% by
September, the lowest in decades, trying to jump-start hiring more than a year after the 1990-91
recession officially ended. The sluggish job market became the defining issue of the November
election, and Bill Clinton unseated incumbent George H.W. Bush, whose approval ratings had
fallen sharply from their post-Gulf War highs. In August, Hurricane Andrew tore through South
Florida, the costliest U.S. hurricane on record at the time, causing tens of billions of dollars
in damage and reshaping how insurers priced catastrophe risk for years afterward. Falling rates,
a costly hurricane, and an election fought over jobs defined a recovery that showed up in the
data well before it showed up in most paychecks.
Every 1992 amount converts to 2000 at the same ratio, 1.23: $1,000 becomes
$1,227, and $10,000 becomes $12,274.
Amount in 1992
Value in 2000
$1.00
$1.23
$5.00
$6.14
$10.00
$12.27
$20.00
$24.55
$50.00
$61.37
$100
$123
$500
$614
$1,000
$1,227
$5,000
$6,137
$10,000
$12,274
$100,000
$122,737
$1,000,000
$1,227,370
Inflation by spending category, 1992–2000
Between 1992 and 2000, medical care rose the most, up 37.2%, while apparel fell 1.7%, against 22.7% for all items. The headline number is an average; here is what $100 of 1992
spending costs in 2000, by category:
Category
Avg. yearly inflation
$100 in 1992 →
All items (CPI-U)
2.59%
$123
Medical care
4.03%
$137
Housing
2.66%
$123
Core (all items less food & energy)
2.63%
$123
Food
2.48%
$122
Transportation
2.43%
$121
Energy
2.41%
$121
Apparel
-0.22%
$98.26
Not shown because the BLS began these indexes after 1992: recreation (1993–), education & communication (1993–).
Year by year: CPI and the value of $100 from 1992
$100 from 1992 had already become $112 by
1996, on its way to $123 in 2000; each row shows the CPI, that
year's inflation rate, and the running value.
Within the span, inflation peaked at 3.4% in 2000, and the smallest rise was 1.6% in 1998.
In 2000, prices rose 3.4% and $100 from 1992 had the buying
power of $123; the year's average CPI of 172.2 is the level
behind every 2000 figure on this page.
Inflation ran at 3.4% in 2000, the highest annual rate since 1991, as an economy growing
above 4% and a rise in oil prices pushed the CPI up. The median household earned about
$42,100, gas averaged $1.51 a gallon, and a new home cost roughly $169,000. The Federal
Reserve had raised interest rates six times since mid-1999 and stopped at 6.5% in May. By
then the stock market had already turned: the Nasdaq hit its record of 5,048 on March 10 and
lost about 39% of its value by December. Consumer prices did not reflect the slowdown yet,
which is why the Fed held rates high through the year even as technology companies began to
fail. In October, Congress granted China permanent normal trade relations, a decision that
would help hold down the price of manufactured goods for years. A first-class stamp cost 33
cents and the federal minimum wage was $5.15. The recession of 2001 brought inflation back
down.
MLA: “Inflation from 1992 to 2000: $100 is worth $123 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1992-to-2000/
APA: InflationCalculator.com. Inflation from 1992 to 2000. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1992-to-2000/