U.S. inflation · 1994–2002

Value of $100 in 1994, adjusted to 2002

$100 in 1994 has the same buying power as

$121

in 2002

$100$111$12119941996199820002002$100 · 1994$121 · 2002
Detailed inflation statistics
Cumulative price change21.4%
Average inflation rate2.45% per year
Converted amount ($100 base)$121
Price difference ($100 base)$21.39
CPI in 1994148.2
CPI in 2002179.9
Inflation in 19942.56%
Inflation in 20021.58%
$100 in 19942002$121
$100 in 20021994$82.38

What happened to prices between 1994 and 2002

Between 1994 and 2002, the Consumer Price Index went from 148.2 to 179.9. Cumulatively, prices increased 21.4%, which works out to an average of 2.45% per year. Put differently, a dollar in 1994 bought what $0.82 buys in 2002.

Common amounts: 1994 dollars in 2002

Amount in 1994Value in 2002
$1.00$1.21
$5.00$6.07
$10.00$12.14
$20.00$24.28
$50.00$60.70
$100$121
$500$607
$1,000$1,214
$5,000$6,070
$10,000$12,139
$100,000$121,390
$1,000,000$1,213,900

Inflation by spending category, 1994–2002

The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 1994 spending costs in 2002, by category:

Category Avg. yearly inflation $100 in 1994 →
All items (CPI-U) 2.45% $121
Medical care 3.86% $135
Housing 2.78% $125
Food 2.53% $122
Core (all items less food & energy) 2.49% $122
Education & communication 2.47% $122
Energy 1.91% $116
Recreation 1.71% $115
Transportation 1.63% $114
Apparel -0.91% $92.95

Year by year: CPI and the value of $100 from 1994

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
1999 166.6 2.2% $112
2000 172.2 3.4% $116
2001 177.1 2.8% $120
2002 179.9 1.6% $121

Cite this page

MLA: “Inflation from 1994 to 2002: $100 is worth $121 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1994-to-2002/

APA: InflationCalculator.com. Inflation from 1994 to 2002. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1994-to-2002/

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.