U.S. inflation · 1994–1998
$100 in 1994 has the same buying power as
$110
in 1998
| Cumulative price change | 10.0% |
|---|---|
| Average inflation rate | 2.41% per year |
| Converted amount ($100 base) | $110 |
| Price difference ($100 base) | $9.99 |
| CPI in 1994 | 148.2 |
| CPI in 1998 | 163 |
| Inflation in 1994 | 2.56% |
| Inflation in 1998 | 1.56% |
| $100 in 1994 → 1998 | $110 |
| $100 in 1998 → 1994 | $90.92 |
Between 1994 and 1998, the Consumer Price Index went from 148.2 to 163. Cumulatively, prices increased 10.0%, which works out to an average of 2.41% per year. Put differently, a dollar in 1994 bought what $0.91 buys in 1998.
| Amount in 1994 | Value in 1998 |
|---|---|
| $1.00 | $1.10 |
| $5.00 | $5.50 |
| $10.00 | $11.00 |
| $20.00 | $22.00 |
| $50.00 | $54.99 |
| $100 | $110 |
| $500 | $550 |
| $1,000 | $1,100 |
| $5,000 | $5,499 |
| $10,000 | $10,999 |
| $100,000 | $109,987 |
| $1,000,000 | $1,099,865 |
The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 1994 spending costs in 1998, by category:
| Category | Avg. yearly inflation | $100 in 1994 → |
|---|---|---|
| All items (CPI-U) | 2.41% | $110 |
| Medical care | 3.50% | $115 |
| Education & communication | 3.09% | $113 |
| Food | 2.73% | $111 |
| Core (all items less food & energy) | 2.60% | $111 |
| Housing | 2.59% | $111 |
| Recreation | 2.19% | $109 |
| Transportation | 1.33% | $105 |
| Apparel | -0.08% | $99.70 |
| Energy | -0.41% | $98.37 |
| Year | CPI | Inflation rate | $100 from 1994 |
|---|---|---|---|
| 1994 | 148.2 | 2.6% | $100 |
| 1995 | 152.4 | 2.8% | $103 |
| 1996 | 156.9 | 3.0% | $106 |
| 1997 | 160.5 | 2.3% | $108 |
| 1998 | 163 | 1.6% | $110 |
MLA: “Inflation from 1994 to 1998: $100 is worth $110 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1994-to-1998/
APA: InflationCalculator.com. Inflation from 1994 to 1998. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1994-to-1998/
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.