Between 1993 and 2002, the Consumer Price Index went from 144.5 to 179.9.
Cumulatively, prices increased 24.5%, which works out to an average of
2.46% per year. Put differently, a dollar in 1993 bought what
$0.80 buys in 2002.
Common amounts: 1993 dollars in 2002
Amount in 1993
Value in 2002
$1.00
$1.24
$5.00
$6.22
$10.00
$12.45
$20.00
$24.90
$50.00
$62.25
$100
$124
$500
$622
$1,000
$1,245
$5,000
$6,225
$10,000
$12,450
$100,000
$124,498
$1,000,000
$1,244,983
Inflation by spending category, 1993–2002
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1993 spending costs in 2002, by category:
MLA: “Inflation from 1993 to 2002: $100 is worth $124 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1993-to-2002/
APA: InflationCalculator.com. Inflation from 1993 to 2002. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1993-to-2002/