Between 1994 and 2020, the Consumer Price Index went from 148.2 to 258.811.
Cumulatively, prices increased 74.6%, which works out to an average of
2.17% per year. Put differently, a dollar in 1994 bought what
$0.57 buys in 2020.
Common amounts: 1994 dollars in 2020
Amount in 1994
Value in 2020
$1.00
$1.75
$5.00
$8.73
$10.00
$17.46
$20.00
$34.93
$50.00
$87.32
$100
$175
$500
$873
$1,000
$1,746
$5,000
$8,732
$10,000
$17,464
$100,000
$174,636
$1,000,000
$1,746,363
Inflation by spending category, 1994–2020
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1994 spending costs in 2020, by category:
MLA: “Inflation from 1994 to 2020: $100 is worth $175 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1994-to-2020/
APA: InflationCalculator.com. Inflation from 1994 to 2020. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1994-to-2020/