U.S. inflation · 1994–2004

Value of $100 in 1994, adjusted to 2004

$100 in 1994 has the same buying power as

$127

in 2004

$100$114$12719941997199920022004$100 · 1994$127 · 2004
Detailed inflation statistics
Cumulative price change27.5%
Average inflation rate2.46% per year
Converted amount ($100 base)$127
Price difference ($100 base)$27.46
CPI in 1994148.2
CPI in 2004188.9
Inflation in 19942.56%
Inflation in 20042.66%
$100 in 19942004$127
$100 in 20041994$78.45

What happened to prices between 1994 and 2004

Between 1994 and 2004, the Consumer Price Index went from 148.2 to 188.9. Cumulatively, prices increased 27.5%, which works out to an average of 2.46% per year. Put differently, a dollar in 1994 bought what $0.78 buys in 2004.

Common amounts: 1994 dollars in 2004

Amount in 1994Value in 2004
$1.00$1.27
$5.00$6.37
$10.00$12.75
$20.00$25.49
$50.00$63.73
$100$127
$500$637
$1,000$1,275
$5,000$6,373
$10,000$12,746
$100,000$127,463
$1,000,000$1,274,629

Inflation by spending category, 1994–2004

The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 1994 spending costs in 2004, by category:

Category Avg. yearly inflation $100 in 1994 →
All items (CPI-U) 2.46% $127
Medical care 3.93% $147
Energy 3.77% $145
Housing 2.73% $131
Food 2.58% $129
Education & communication 2.31% $126
Core (all items less food & energy) 2.31% $126
Transportation 1.96% $121
Recreation 1.60% $117
Apparel -1.02% $90.25

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
2004 188.9 2.7% $127

Cite this page

MLA: “Inflation from 1994 to 2004: $100 is worth $127 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1994-to-2004/

APA: InflationCalculator.com. Inflation from 1994 to 2004. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1994-to-2004/

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.