Between 1996 and 2005, the Consumer Price Index went from 156.9 to 195.3.
Cumulatively, prices increased 24.5%, which works out to an average of
2.46% per year. Put differently, a dollar in 1996 bought what
$0.80 buys in 2005.
Common amounts: 1996 dollars in 2005
Amount in 1996
Value in 2005
$1.00
$1.24
$5.00
$6.22
$10.00
$12.45
$20.00
$24.89
$50.00
$62.24
$100
$124
$500
$622
$1,000
$1,245
$5,000
$6,224
$10,000
$12,447
$100,000
$124,474
$1,000,000
$1,244,742
Inflation by spending category, 1996–2005
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1996 spending costs in 2005, by category:
MLA: “Inflation from 1996 to 2005: $100 is worth $124 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1996-to-2005/
APA: InflationCalculator.com. Inflation from 1996 to 2005. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1996-to-2005/