Between 1996 and 2001, the Consumer Price Index went from 156.9 to 177.1.
Cumulatively, prices increased 12.9%, which works out to an average of
2.45% per year. Put differently, a dollar in 1996 bought what
$0.89 buys in 2001.
Common amounts: 1996 dollars in 2001
Amount in 1996
Value in 2001
$1.00
$1.13
$5.00
$5.64
$10.00
$11.29
$20.00
$22.57
$50.00
$56.44
$100
$113
$500
$564
$1,000
$1,129
$5,000
$5,644
$10,000
$11,287
$100,000
$112,874
$1,000,000
$1,128,744
Inflation by spending category, 1996–2001
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1996 spending costs in 2001, by category:
MLA: “Inflation from 1996 to 2001: $100 is worth $113 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1996-to-2001/
APA: InflationCalculator.com. Inflation from 1996 to 2001. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1996-to-2001/