What is $100 in 1996 worth in 2003?

$100 in 1996 has the purchasing power of about $117 in 2003, based on the Consumer Price Index (CPI-U).

What was the average inflation rate between 1996 and 2003?

Prices rose 17.3% in total between 1996 and 2003, an average of 2.30% per year.

How much is $1 in 1996 worth today?

$1 in 1996 is equivalent to about $1.17 in 2003. Equivalently, a 2003 dollar buys what $0.85 bought in 1996.

U.S. inflation · 1996–2003

Value of $100 in 1996, adjusted to 2003

Amount From year To year

$100 in 1996 has the same buying power as

$117

in 2003

Detailed inflation statistics
Cumulative price change	17.3%
Average inflation rate	2.30% per year
Converted amount ($100 base)	$117
Price difference ($100 base)	$17.27
CPI in 1996	156.9
CPI in 2003	184
Inflation in 1996	2.95%
Inflation in 2003	2.28%
$100 in 1996 → 2003	$117
$100 in 2003 → 1996	$85.27

What happened to prices between 1996 and 2003

Between 1996 and 2003, the Consumer Price Index went from 156.9 to 184. Cumulatively, prices increased 17.3%, which works out to an average of 2.30% per year. Put differently, a dollar in 1996 bought what $0.85 buys in 2003.

Common amounts: 1996 dollars in 2003

Amount in 1996	Value in 2003
$1.00	$1.17
$5.00	$5.86
$10.00	$11.73
$20.00	$23.45
$50.00	$58.64
$100	$117
$500	$586
$1,000	$1,173
$5,000	$5,864
$10,000	$11,727
$100,000	$117,272
$1,000,000	$1,172,721

Inflation by spending category, 1996–2003

The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 1996 spending costs in 2003, by category:

Category	Avg. yearly inflation	$100 in 1996 →
All items (CPI-U)	2.30%	$117
Medical care	3.84%	$130
Energy	3.12%	$124
Housing	2.75%	$121
Food	2.32%	$117
Core (all items less food & energy)	2.23%	$117
Education & communication	2.04%	$115
Recreation	1.42%	$110
Transportation	1.40%	$110
Apparel	-1.21%	$91.80

Year by year: CPI and the value of $100 from 1996

Year	CPI	Inflation rate	$100 from 1996
1996	156.9	3.0%	$100
1997	160.5	2.3%	$102
1998	163	1.6%	$104
1999	166.6	2.2%	$106
2000	172.2	3.4%	$110
2001	177.1	2.8%	$113
2002	179.9	1.6%	$115
2003	184	2.3%	$117

Cite this page

MLA: “Inflation from 1996 to 2003: $100 is worth $117 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1996-to-2003/

APA: InflationCalculator.com. Inflation from 1996 to 2003. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1996-to-2003/

Source: U.S. Bureau of Labor Statistics, CPI-U annual averages (series CUUR0000SA0; category indexes listed on the data sources page). See how these numbers are calculated.