Between 1994 and 2016, the Consumer Price Index went from 148.2 to 240.007.
Cumulatively, prices increased 61.9%, which works out to an average of
2.22% per year. Put differently, a dollar in 1994 bought what
$0.62 buys in 2016.
Common amounts: 1994 dollars in 2016
Amount in 1994
Value in 2016
$1.00
$1.62
$5.00
$8.10
$10.00
$16.19
$20.00
$32.39
$50.00
$80.97
$100
$162
$500
$810
$1,000
$1,619
$5,000
$8,097
$10,000
$16,195
$100,000
$161,948
$1,000,000
$1,619,480
Inflation by spending category, 1994–2016
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1994 spending costs in 2016, by category:
MLA: “Inflation from 1994 to 2016: $100 is worth $162 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1994-to-2016/
APA: InflationCalculator.com. Inflation from 1994 to 2016. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1994-to-2016/