$100 in 1993 is worth $203 in 2022,
because prices increased 102.5% over that period, an average of
2.46% a year.
$100 in 1993 has
the same buying power as
$203
in 2022
Detailed inflation statistics
Cumulative price change
102.5%
Average inflation rate
2.46% per year
Converted amount ($100 base)
$203
Price difference ($100 base)
$103
CPI in 1993
144.5
CPI in 2022
292.655
Inflation in 1993
2.99%
Inflation in 2022
8.00%
$100 in 1993 → 2022
$203
$100 in 2022 → 1993
$49.38
What happened to prices between 1993 and 2022
Between 1993 and 2022, the Consumer Price Index went from 144.5 to 292.655.
Cumulatively, prices increased 102.5%, which works out to an average of
2.46% per year. Put differently, a dollar in 1993 bought what
$0.49 buys in 2022: the 1993 dollar
lost 50.6% of its purchasing power over
these 29 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 2022 at the same ratio, 2.03: $1,000 becomes
$2,025, and $10,000 becomes $20,253.
Amount in 1993
Value in 2022
$1.00
$2.03
$5.00
$10.13
$10.00
$20.25
$20.00
$40.51
$50.00
$101
$100
$203
$500
$1,013
$1,000
$2,025
$5,000
$10,126
$10,000
$20,253
$100,000
$202,529
$1,000,000
$2,025,294
Inflation by spending category, 1993–2022
Between 1993 and 2022, energy rose the most, up 186.2%, while apparel fell 5.0%, against 102.5% for all items. The headline number is an average; here is what $100 of 1993
spending costs in 2022, by category:
Category
Avg. yearly inflation
$100 in 1993 →
All items (CPI-U)
2.46%
$203
Energy
3.69%
$286
Medical care
3.50%
$271
Food
2.70%
$217
Housing
2.64%
$213
Transportation
2.49%
$204
Core (all items less food & energy)
2.30%
$193
Education & communication
1.81%
$168
Recreation
1.27%
$144
Apparel
-0.17%
$95.05
Decade by decade: 1993 to 2022
Prices climbed fastest in the 2020s, averaging 6.34% a year, and slowest in the 2010s (1.73% a year). Each step below chains into the full 1993–2022 change:
Years
Avg. yearly inflation
Price change
$100 from 1993, at end
1993–2000
2.54%
19.2%
$119
2000–2010
2.39%
26.6%
$151
2010–2020
1.73%
18.7%
$179
2020–2022
6.34%
13.1%
$203
Year by year: CPI and the value of $100 from 1993
$100 from 1993 had already become $143 by
2007, on its way to $203 in 2022; each row shows the CPI, that
year's inflation rate, and the running value.
Within the span, inflation peaked at 8.0% in 2022, and prices fell 0.4% in 2009, the deepest deflation of the period.
In 2022, prices rose 8.0% and $100 from 1993 had the buying
power of $203; the year's average CPI of 292.655 is the level
behind every 2022 figure on this page.
2022 was the year inflation returned. Consumer prices rose 8.0% on average,
the worst since 1981, driven by pandemic-era supply chains, stimulus-fueled
demand, and an energy shock from the war in Ukraine. Gas briefly topped $5 a
gallon nationally for the first time ever, and “inflation” became the
top-ranked economic concern in nearly every poll of American households.
MLA: “Inflation from 1993 to 2022: $100 is worth $203 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1993-to-2022/
APA: InflationCalculator.com. Inflation from 1993 to 2022. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1993-to-2022/