Between 1993 and 1998, the Consumer Price Index went from 144.5 to 163.
Cumulatively, prices increased 12.8%, which works out to an average of
2.44% per year. Put differently, a dollar in 1993 bought what
$0.89 buys in 1998.
Common amounts: 1993 dollars in 1998
Amount in 1993
Value in 1998
$1.00
$1.13
$5.00
$5.64
$10.00
$11.28
$20.00
$22.56
$50.00
$56.40
$100
$113
$500
$564
$1,000
$1,128
$5,000
$5,640
$10,000
$11,280
$100,000
$112,803
$1,000,000
$1,128,028
Inflation by spending category, 1993–1998
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1993 spending costs in 1998, by category:
MLA: “Inflation from 1993 to 1998: $100 is worth $113 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1993-to-1998/
APA: InflationCalculator.com. Inflation from 1993 to 1998. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1993-to-1998/