Between 1996 and 2016, the Consumer Price Index went from 156.9 to 240.007.
Cumulatively, prices increased 53.0%, which works out to an average of
2.15% per year. Put differently, a dollar in 1996 bought what
$0.65 buys in 2016.
Common amounts: 1996 dollars in 2016
Amount in 1996
Value in 2016
$1.00
$1.53
$5.00
$7.65
$10.00
$15.30
$20.00
$30.59
$50.00
$76.48
$100
$153
$500
$765
$1,000
$1,530
$5,000
$7,648
$10,000
$15,297
$100,000
$152,968
$1,000,000
$1,529,681
Inflation by spending category, 1996–2016
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1996 spending costs in 2016, by category:
MLA: “Inflation from 1996 to 2016: $100 is worth $153 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1996-to-2016/
APA: InflationCalculator.com. Inflation from 1996 to 2016. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1996-to-2016/