Between 1997 and 1999, the Consumer Price Index went from 160.5 to 166.6.
Cumulatively, prices increased 3.8%, which works out to an average of
1.88% per year. Put differently, a dollar in 1997 bought what
$0.96 buys in 1999.
Common amounts: 1997 dollars in 1999
Amount in 1997
Value in 1999
$1.00
$1.04
$5.00
$5.19
$10.00
$10.38
$20.00
$20.76
$50.00
$51.90
$100
$104
$500
$519
$1,000
$1,038
$5,000
$5,190
$10,000
$10,380
$100,000
$103,801
$1,000,000
$1,038,006
Inflation by spending category, 1997–1999
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1997 spending costs in 1999, by category:
MLA: “Inflation from 1997 to 1999: $100 is worth $104 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1997-to-1999/
APA: InflationCalculator.com. Inflation from 1997 to 1999. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1997-to-1999/