U.S. inflation · 1993–2023
$100 in 1993 has the same buying power as
$211
in 2023
| Cumulative price change | 110.9% |
|---|---|
| Average inflation rate | 2.52% per year |
| Converted amount ($100 base) | $211 |
| Price difference ($100 base) | $111 |
| CPI in 1993 | 144.5 |
| CPI in 2023 | 304.702 |
| Inflation in 1993 | 2.99% |
| Inflation in 2023 | 4.12% |
| $100 in 1993 → 2023 | $211 |
| $100 in 2023 → 1993 | $47.42 |
Between 1993 and 2023, the Consumer Price Index went from 144.5 to 304.702. Cumulatively, prices increased 110.9%, which works out to an average of 2.52% per year. Put differently, a dollar in 1993 bought what $0.47 buys in 2023.
| Amount in 1993 | Value in 2023 |
|---|---|
| $1.00 | $2.11 |
| $5.00 | $10.54 |
| $10.00 | $21.09 |
| $20.00 | $42.17 |
| $50.00 | $105 |
| $100 | $211 |
| $500 | $1,054 |
| $1,000 | $2,109 |
| $5,000 | $10,543 |
| $10,000 | $21,087 |
| $100,000 | $210,866 |
| $1,000,000 | $2,108,664 |
The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 1993 spending costs in 2023, by category:
| Category | Avg. yearly inflation | $100 in 1993 → |
|---|---|---|
| All items (CPI-U) | 2.52% | $211 |
| Medical care | 3.40% | $273 |
| Energy | 3.39% | $272 |
| Food | 2.80% | $229 |
| Housing | 2.77% | $227 |
| Transportation | 2.42% | $205 |
| Core (all items less food & energy) | 2.38% | $203 |
| Education & communication | 1.78% | $170 |
| Recreation | 1.36% | $150 |
| Apparel | -0.08% | $97.67 |
| Year | CPI | Inflation rate | $100 from 1993 |
|---|---|---|---|
| 1993 | 144.5 | 3.0% | $100 |
| 1994 | 148.2 | 2.6% | $103 |
| 1995 | 152.4 | 2.8% | $105 |
| 1996 | 156.9 | 3.0% | $109 |
| 1997 | 160.5 | 2.3% | $111 |
| 1998 | 163 | 1.6% | $113 |
| 1999 | 166.6 | 2.2% | $115 |
| 2000 | 172.2 | 3.4% | $119 |
| 2001 | 177.1 | 2.8% | $123 |
| 2002 | 179.9 | 1.6% | $124 |
| 2003 | 184 | 2.3% | $127 |
| 2004 | 188.9 | 2.7% | $131 |
| 2005 | 195.3 | 3.4% | $135 |
| 2006 | 201.6 | 3.2% | $140 |
| 2007 | 207.342 | 2.8% | $143 |
| 2008 | 215.303 | 3.8% | $149 |
| 2009 | 214.537 | -0.4% | $148 |
| 2010 | 218.056 | 1.6% | $151 |
| 2011 | 224.939 | 3.2% | $156 |
| 2012 | 229.594 | 2.1% | $159 |
| 2013 | 232.957 | 1.5% | $161 |
| 2014 | 236.736 | 1.6% | $164 |
| 2015 | 237.017 | 0.1% | $164 |
| 2016 | 240.007 | 1.3% | $166 |
| 2017 | 245.12 | 2.1% | $170 |
| 2018 | 251.107 | 2.4% | $174 |
| 2019 | 255.657 | 1.8% | $177 |
| 2020 | 258.811 | 1.2% | $179 |
| 2021 | 270.97 | 4.7% | $188 |
| 2022 | 292.655 | 8.0% | $203 |
| 2023 | 304.702 | 4.1% | $211 |
MLA: “Inflation from 1993 to 2023: $100 is worth $211 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1993-to-2023/
APA: InflationCalculator.com. Inflation from 1993 to 2023. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1993-to-2023/
Source: U.S. Bureau of Labor Statistics, CPI-U annual averages (series CUUR0000SA0; category indexes listed on the data sources page). See how these numbers are calculated.