What is $100 in 1997 worth in 2003?

$100 in 1997 has the purchasing power of about $115 in 2003, based on the Consumer Price Index (CPI-U).

What was the average inflation rate between 1997 and 2003?

Prices rose 14.6% in total between 1997 and 2003, an average of 2.30% per year.

How much is $1 in 1997 worth today?

$1 in 1997 is equivalent to about $1.15 in 2003. Equivalently, a 2003 dollar buys what $0.87 bought in 1997.

U.S. inflation · 1997–2003

Value of $100 in 1997, adjusted to 2003

Amount From year To year

$100 in 1997 has the same buying power as

$115

in 2003

Detailed inflation statistics
Cumulative price change	14.6%
Average inflation rate	2.30% per year
Converted amount ($100 base)	$115
Price difference ($100 base)	$14.64
CPI in 1997	160.5
CPI in 2003	184
Inflation in 1997	2.29%
Inflation in 2003	2.28%
$100 in 1997 → 2003	$115
$100 in 2003 → 1997	$87.23

What happened to prices between 1997 and 2003

Between 1997 and 2003, the Consumer Price Index went from 160.5 to 184. Cumulatively, prices increased 14.6%, which works out to an average of 2.30% per year. Put differently, a dollar in 1997 bought what $0.87 buys in 2003.

Common amounts: 1997 dollars in 2003

Amount in 1997	Value in 2003
$1.00	$1.15
$5.00	$5.73
$10.00	$11.46
$20.00	$22.93
$50.00	$57.32
$100	$115
$500	$573
$1,000	$1,146
$5,000	$5,732
$10,000	$11,464
$100,000	$114,642
$1,000,000	$1,146,417

Inflation by spending category, 1997–2003

The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 1997 spending costs in 2003, by category:

Category	Avg. yearly inflation	$100 in 1997 →
All items (CPI-U)	2.30%	$115
Medical care	4.01%	$127
Energy	3.43%	$122
Housing	2.78%	$118
Food	2.27%	$114
Core (all items less food & energy)	2.21%	$114
Education & communication	1.84%	$112
Transportation	1.48%	$109
Recreation	1.28%	$108
Apparel	-1.56%	$90.97

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
2003	184	2.3%	$115

Cite this page

MLA: “Inflation from 1997 to 2003: $100 is worth $115 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1997-to-2003/

APA: InflationCalculator.com. Inflation from 1997 to 2003. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1997-to-2003/

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.