What is $100 in 1994 worth in 2003?

$100 in 1994 has the purchasing power of about $124 in 2003, based on the Consumer Price Index (CPI-U).

What was the average inflation rate between 1994 and 2003?

Prices rose 24.2% in total between 1994 and 2003, an average of 2.43% per year.

How much is $1 in 1994 worth today?

$1 in 1994 is equivalent to about $1.24 in 2003. Equivalently, a 2003 dollar buys what $0.81 bought in 1994.

U.S. inflation · 1994–2003

Value of $100 in 1994, adjusted to 2003

Amount From year To year

$100 in 1994 has the same buying power as

$124

in 2003

Detailed inflation statistics
Cumulative price change	24.2%
Average inflation rate	2.43% per year
Converted amount ($100 base)	$124
Price difference ($100 base)	$24.16
CPI in 1994	148.2
CPI in 2003	184
Inflation in 1994	2.56%
Inflation in 2003	2.28%
$100 in 1994 → 2003	$124
$100 in 2003 → 1994	$80.54

What happened to prices between 1994 and 2003

Between 1994 and 2003, the Consumer Price Index went from 148.2 to 184. Cumulatively, prices increased 24.2%, which works out to an average of 2.43% per year. Put differently, a dollar in 1994 bought what $0.81 buys in 2003.

Common amounts: 1994 dollars in 2003

Amount in 1994	Value in 2003
$1.00	$1.24
$5.00	$6.21
$10.00	$12.42
$20.00	$24.83
$50.00	$62.08
$100	$124
$500	$621
$1,000	$1,242
$5,000	$6,208
$10,000	$12,416
$100,000	$124,157
$1,000,000	$1,241,565

Inflation by spending category, 1994–2003

The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 1994 spending costs in 2003, by category:

Category	Avg. yearly inflation	$100 in 1994 →
All items (CPI-U)	2.43%	$124
Medical care	3.88%	$141
Energy	3.00%	$130
Housing	2.75%	$128
Food	2.49%	$125
Education & communication	2.39%	$124
Core (all items less food & energy)	2.37%	$123
Transportation	1.79%	$117
Recreation	1.66%	$116
Apparel	-1.09%	$90.63

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
2003	184	2.3%	$124

Cite this page

MLA: “Inflation from 1994 to 2003: $100 is worth $124 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1994-to-2003/

APA: InflationCalculator.com. Inflation from 1994 to 2003. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1994-to-2003/

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.