Between 1994 and 2021, the Consumer Price Index went from 148.2 to 270.97.
Cumulatively, prices increased 82.8%, which works out to an average of
2.26% per year. Put differently, a dollar in 1994 bought what
$0.55 buys in 2021.
Common amounts: 1994 dollars in 2021
Amount in 1994
Value in 2021
$1.00
$1.83
$5.00
$9.14
$10.00
$18.28
$20.00
$36.57
$50.00
$91.42
$100
$183
$500
$914
$1,000
$1,828
$5,000
$9,142
$10,000
$18,284
$100,000
$182,841
$1,000,000
$1,828,408
Inflation by spending category, 1994–2021
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1994 spending costs in 2021, by category:
MLA: “Inflation from 1994 to 2021: $100 is worth $183 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1994-to-2021/
APA: InflationCalculator.com. Inflation from 1994 to 2021. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1994-to-2021/