$100 in 1993 is worth $135 in 2005,
because prices increased 35.2% over that period, an average of
2.54% a year.
$100 in 1993 has
the same buying power as
$135
in 2005
Detailed inflation statistics
Cumulative price change
35.2%
Average inflation rate
2.54% per year
Converted amount ($100 base)
$135
Price difference ($100 base)
$35.16
CPI in 1993
144.5
CPI in 2005
195.3
Inflation in 1993
2.99%
Inflation in 2005
3.39%
$100 in 1993 → 2005
$135
$100 in 2005 → 1993
$73.99
What happened to prices between 1993 and 2005
Between 1993 and 2005, the Consumer Price Index went from 144.5 to 195.3.
Cumulatively, prices increased 35.2%, which works out to an average of
2.54% per year. Put differently, a dollar in 1993 bought what
$0.74 buys in 2005: the 1993 dollar
lost 26.0% of its purchasing power over
these 12 years.
By 1993, the median household earned about $31,200, gas averaged $1.11 a gallon, and a new home
cost roughly $126,500. Inflation ran at 3.0% for the year, holding close to where it had settled
the year before as the recovery slowly gathered strength. Washington spent much of the year on
two pieces of unfinished business from the recession: a deficit-reduction package, the Omnibus
Budget Reconciliation Act, that raised the top income tax rate to 39.6% to start narrowing a
budget gap left over from the 1980s, and a trade deal, the North American Free Trade Agreement,
that President Clinton signed into law in December after a contentious fight in Congress. NAFTA
phased out most tariffs between the U.S., Mexico, and Canada and took effect the following
January. The year’s other defining event had nothing to do with the economy: in February, a bomb
exploded in the World Trade Center’s parking garage, killing six people and injuring more than a
thousand. By year’s end, the pieces of the decade’s later economic story, freer trade, a
shrinking deficit, and inflation holding near 3%, were already in place.
Every 1993 amount converts to 2005 at the same ratio, 1.35: $1,000 becomes
$1,352, and $10,000 becomes $13,516.
Amount in 1993
Value in 2005
$1.00
$1.35
$5.00
$6.76
$10.00
$13.52
$20.00
$27.03
$50.00
$67.58
$100
$135
$500
$676
$1,000
$1,352
$5,000
$6,758
$10,000
$13,516
$100,000
$135,156
$1,000,000
$1,351,557
Inflation by spending category, 1993–2005
Between 1993 and 2005, energy rose the most, up 70.0%, while apparel fell 10.6%, against 35.2% for all items. The headline number is an average; here is what $100 of 1993
spending costs in 2005, by category:
Category
Avg. yearly inflation
$100 in 1993 →
All items (CPI-U)
2.54%
$135
Energy
4.52%
$170
Medical care
4.02%
$160
Housing
2.76%
$139
Food
2.55%
$135
Transportation
2.43%
$133
Education & communication
2.40%
$133
Core (all items less food & energy)
2.34%
$132
Recreation
1.57%
$121
Apparel
-0.93%
$89.38
Decade by decade: 1993 to 2005
Prices climbed fastest in the 2000s, averaging 2.55% a year, and slowest in the 1990s (2.54% a year). Each step below chains into the full 1993–2005 change:
Years
Avg. yearly inflation
Price change
$100 from 1993, at end
1993–2000
2.54%
19.2%
$119
2000–2005
2.55%
13.4%
$135
Year by year: CPI and the value of $100 from 1993
$100 from 1993 had already become $115 by
1999, on its way to $135 in 2005; each row shows the CPI, that
year's inflation rate, and the running value.
Within the span, inflation peaked at 3.4% in 2005, and the smallest rise was 1.6% in 1998.
In 2005, prices rose 3.4% and $100 from 1993 had the buying
power of $135; the year's average CPI of 195.3 is the level
behind every 2005 figure on this page.
Inflation rose to 3.4% in 2005, up from 2.7% in 2004, as gasoline averaged $2.30 a gallon,
compared with $1.88 the year before. Hurricane Katrina made landfall on August 29, and with
Hurricane Rita weeks later it disrupted Gulf Coast refining, pushing the national average
price past $3 in early September. The Federal Reserve raised its policy rate at every meeting,
from 2.25% to 4.25%, to keep energy costs from feeding into other prices. The median household
earned about $46,300, up 4.5% from 2004, but the median new home price rose a further 9%, to
$240,900. In April, Congress passed a bankruptcy law that made it harder to clear debts. A
first-class stamp stayed at 37 cents until January 2006, and the federal minimum wage stayed
at $5.15.
MLA: “Inflation from 1993 to 2005: $100 is worth $135 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1993-to-2005/
APA: InflationCalculator.com. Inflation from 1993 to 2005. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1993-to-2005/