$100 in 1995 is worth $116 in 2001,
because prices increased 16.2% over that period, an average of
2.54% a year.
$100 in 1995 has
the same buying power as
$116
in 2001
Detailed inflation statistics
Cumulative price change
16.2%
Average inflation rate
2.54% per year
Converted amount ($100 base)
$116
Price difference ($100 base)
$16.21
CPI in 1995
152.4
CPI in 2001
177.1
Inflation in 1995
2.83%
Inflation in 2001
2.85%
$100 in 1995 → 2001
$116
$100 in 2001 → 1995
$86.05
What happened to prices between 1995 and 2001
Between 1995 and 2001, the Consumer Price Index went from 152.4 to 177.1.
Cumulatively, prices increased 16.2%, which works out to an average of
2.54% per year. Put differently, a dollar in 1995 bought what
$0.86 buys in 2001: the 1995 dollar
lost 13.9% of its purchasing power over
these 6 years.
In 1995, gas averaged $1.15 a gallon, a new home cost roughly $133,900, and the median household
earned about $34,100. Inflation ran at 2.8% for the year, little changed from 1994, as the
Federal Reserve shifted from raising rates to cutting them. Having lifted its policy rate six
times the year before, the Fed judged by July that the economy had cooled enough on its own, and
trimmed rates instead, an outcome economists would later point to as a rare soft landing. The
year opened with a currency crisis: Mexico’s peso lost roughly half its value against the dollar
in a matter of weeks, and the U.S. Treasury and the IMF assembled a $50 billion rescue package,
controversial in Congress, to stabilize it and keep the crisis from spreading to other emerging
markets. Closer to home, a budget standoff between President Clinton and the Republican Congress
shut down federal agencies twice, first for five days in November and then for 21 days spanning
December into January 1996, the longest shutdown up to that point. The Postal Service raised the
cost of a first-class stamp to 32 cents in January. Low, steady inflation was about the only calm
part of 1995’s economic story.
Every 1995 amount converts to 2001 at the same ratio, 1.16: $1,000 becomes
$1,162, and $10,000 becomes $11,621.
Amount in 1995
Value in 2001
$1.00
$1.16
$5.00
$5.81
$10.00
$11.62
$20.00
$23.24
$50.00
$58.10
$100
$116
$500
$581
$1,000
$1,162
$5,000
$5,810
$10,000
$11,621
$100,000
$116,207
$1,000,000
$1,162,073
Inflation by spending category, 1995–2001
Between 1995 and 2001, medical care rose the most, up 23.7%, while apparel fell 3.6%, against 16.2% for all items. The headline number is an average; here is what $100 of 1995
spending costs in 2001, by category:
Category
Avg. yearly inflation
$100 in 1995 →
All items (CPI-U)
2.54%
$116
Medical care
3.61%
$124
Energy
3.50%
$123
Housing
2.91%
$119
Food
2.60%
$117
Core (all items less food & energy)
2.42%
$115
Education & communication
2.22%
$114
Recreation
1.76%
$111
Transportation
1.74%
$111
Apparel
-0.60%
$96.44
Decade by decade: 1995 to 2001
Prices climbed fastest in the 2000s, averaging 2.85% a year, and slowest in the 1990s (2.47% a year). Each step below chains into the full 1995–2001 change:
Years
Avg. yearly inflation
Price change
$100 from 1995, at end
1995–2000
2.47%
13.0%
$113
2000–2001
2.85%
2.8%
$116
Year by year: CPI and the value of $100 from 1995
$100 from 1995 had already become $107 by
1998, on its way to $116 in 2001; each row shows the CPI, that
year's inflation rate, and the running value.
Within the span, inflation peaked at 3.4% in 2000, and the smallest rise was 1.6% in 1998.
In 2001, prices rose 2.8% and $100 from 1995 had the buying
power of $116; the year's average CPI of 177.1 is the level
behind every 2001 figure on this page.
Inflation fell to 2.8% in 2001 from 3.4% the year before, as a recession that began in March
cut demand and gasoline slid to an average of $1.46 a gallon. The median household earned about
$42,200, roughly flat from 2000, and a new home cost about $175,200. The Federal Reserve cut its
policy rate 11 times over the year, from 6.5% to 1.75%, the lowest since 1961. After the
September 11 attacks, U.S. stock markets closed for four trading days, and air travel dropped
sharply until the following year. Congress had already passed a $1.35 trillion tax cut in June,
which included rebate checks of up to $600. The National Bureau of Economic Research dates the
recession’s end at November, but unemployment kept rising into 2003. A first-class stamp went to
34 cents in January, and the federal minimum wage stayed at $5.15. The Fed’s cuts were the
first step in a long period of very cheap borrowing that would fuel the housing boom.
MLA: “Inflation from 1995 to 2001: $100 is worth $116 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1995-to-2001/
APA: InflationCalculator.com. Inflation from 1995 to 2001. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1995-to-2001/