U.S. inflation · 1997–2002

Value of $100 in 1997, adjusted to 2002

$100 in 1997 has the same buying power as

$112

in 2002

$100$106$11219972002$100 · 1997$112 · 2002
Detailed inflation statistics
Cumulative price change12.1%
Average inflation rate2.31% per year
Converted amount ($100 base)$112
Price difference ($100 base)$12.09
CPI in 1997160.5
CPI in 2002179.9
Inflation in 19972.29%
Inflation in 20021.58%
$100 in 19972002$112
$100 in 20021997$89.22

What happened to prices between 1997 and 2002

Between 1997 and 2002, the Consumer Price Index went from 160.5 to 179.9. Cumulatively, prices increased 12.1%, which works out to an average of 2.31% per year. Put differently, a dollar in 1997 bought what $0.89 buys in 2002.

Common amounts: 1997 dollars in 2002

Amount in 1997Value in 2002
$1.00$1.12
$5.00$5.60
$10.00$11.21
$20.00$22.42
$50.00$56.04
$100$112
$500$560
$1,000$1,121
$5,000$5,604
$10,000$11,209
$100,000$112,087
$1,000,000$1,120,872

Inflation by spending category, 1997–2002

The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 1997 spending costs in 2002, by category:

Category Avg. yearly inflation $100 in 1997 →
All items (CPI-U) 2.31% $112
Medical care 4.01% $122
Housing 2.83% $115
Core (all items less food & energy) 2.36% $112
Food 2.30% $112
Education & communication 1.86% $110
Energy 1.77% $109
Recreation 1.29% $107
Transportation 1.16% $106
Apparel -1.38% $93.30

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
1999 166.6 2.2% $104
2000 172.2 3.4% $107
2001 177.1 2.8% $110
2002 179.9 1.6% $112

Cite this page

MLA: “Inflation from 1997 to 2002: $100 is worth $112 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1997-to-2002/

APA: InflationCalculator.com. Inflation from 1997 to 2002. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1997-to-2002/

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.