Between 1994 and 2001, the Consumer Price Index went from 148.2 to 177.1.
Cumulatively, prices increased 19.5%, which works out to an average of
2.58% per year. Put differently, a dollar in 1994 bought what
$0.84 buys in 2001.
Common amounts: 1994 dollars in 2001
Amount in 1994
Value in 2001
$1.00
$1.20
$5.00
$5.98
$10.00
$11.95
$20.00
$23.90
$50.00
$59.75
$100
$120
$500
$598
$1,000
$1,195
$5,000
$5,975
$10,000
$11,950
$100,000
$119,501
$1,000,000
$1,195,007
Inflation by spending category, 1994–2001
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1994 spending costs in 2001, by category:
MLA: “Inflation from 1994 to 2001: $100 is worth $120 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1994-to-2001/
APA: InflationCalculator.com. Inflation from 1994 to 2001. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1994-to-2001/