What is $100 in 1997 worth in 1998?

$100 in 1997 has the purchasing power of about $102 in 1998, based on the Consumer Price Index (CPI-U).

What was the average inflation rate between 1997 and 1998?

Prices rose 1.6% in total between 1997 and 1998, an average of 1.56% per year.

How much is $1 in 1997 worth today?

$1 in 1997 is equivalent to about $1.02 in 1998. Equivalently, a 1998 dollar buys what $0.98 bought in 1997.

U.S. inflation · 1997–1998

Value of $100 in 1997, adjusted to 1998

Amount From year To year

$100 in 1997 has the same buying power as

$102

in 1998

Detailed inflation statistics
Cumulative price change	1.6%
Average inflation rate	1.56% per year
Converted amount ($100 base)	$102
Price difference ($100 base)	$1.56
CPI in 1997	160.5
CPI in 1998	163
Inflation in 1997	2.29%
Inflation in 1998	1.56%
$100 in 1997 → 1998	$102
$100 in 1998 → 1997	$98.47

What happened to prices between 1997 and 1998

Between 1997 and 1998, the Consumer Price Index went from 160.5 to 163. Cumulatively, prices increased 1.6%, which works out to an average of 1.56% per year. Put differently, a dollar in 1997 bought what $0.98 buys in 1998.

Common amounts: 1997 dollars in 1998

Amount in 1997	Value in 1998
$1.00	$1.02
$5.00	$5.08
$10.00	$10.16
$20.00	$20.31
$50.00	$50.78
$100	$102
$500	$508
$1,000	$1,016
$5,000	$5,078
$10,000	$10,156
$100,000	$101,558
$1,000,000	$1,015,576

Inflation by spending category, 1997–1998

The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 1997 spending costs in 1998, by category:

Category	Avg. yearly inflation	$100 in 1997 →
All items (CPI-U)	1.56%	$102
Medical care	3.20%	$103
Core (all items less food & energy)	2.30%	$102
Housing	2.30%	$102
Food	2.16%	$102
Education & communication	1.93%	$102
Recreation	1.51%	$102
Apparel	0.08%	$100
Transportation	-1.87%	$98.13
Energy	-7.71%	$92.29

Year by year: CPI and the value of $100 from 1997

Year	CPI	Inflation rate	$100 from 1997
1997	160.5	2.3%	$100
1998	163	1.6%	$102

Cite this page

MLA: “Inflation from 1997 to 1998: $100 is worth $102 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1997-to-1998/

APA: InflationCalculator.com. Inflation from 1997 to 1998. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1997-to-1998/

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.