What is $100 in 1997 worth in 2004?

$100 in 1997 has the purchasing power of about $118 in 2004, based on the Consumer Price Index (CPI-U).

What was the average inflation rate between 1997 and 2004?

Prices rose 17.7% in total between 1997 and 2004, an average of 2.35% per year.

How much is $1 in 1997 worth today?

$1 in 1997 is equivalent to about $1.18 in 2004. Equivalently, a 2004 dollar buys what $0.85 bought in 1997.

U.S. inflation · 1997–2004

Value of $100 in 1997, adjusted to 2004

Amount From year To year

$100 in 1997 has the same buying power as

$118

in 2004

Detailed inflation statistics
Cumulative price change	17.7%
Average inflation rate	2.35% per year
Converted amount ($100 base)	$118
Price difference ($100 base)	$17.69
CPI in 1997	160.5
CPI in 2004	188.9
Inflation in 1997	2.29%
Inflation in 2004	2.66%
$100 in 1997 → 2004	$118
$100 in 2004 → 1997	$84.97

What happened to prices between 1997 and 2004

Between 1997 and 2004, the Consumer Price Index went from 160.5 to 188.9. Cumulatively, prices increased 17.7%, which works out to an average of 2.35% per year. Put differently, a dollar in 1997 bought what $0.85 buys in 2004.

Common amounts: 1997 dollars in 2004

Amount in 1997	Value in 2004
$1.00	$1.18
$5.00	$5.88
$10.00	$11.77
$20.00	$23.54
$50.00	$58.85
$100	$118
$500	$588
$1,000	$1,177
$5,000	$5,885
$10,000	$11,769
$100,000	$117,695
$1,000,000	$1,176,947

Inflation by spending category, 1997–2004

The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 1997 spending costs in 2004, by category:

Category	Avg. yearly inflation	$100 in 1997 →
All items (CPI-U)	2.35%	$118
Energy	4.47%	$136
Medical care	4.07%	$132
Housing	2.74%	$121
Food	2.44%	$118
Core (all items less food & energy)	2.14%	$116
Education & communication	1.81%	$113
Transportation	1.76%	$113
Recreation	1.24%	$109
Apparel	-1.40%	$90.59

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
2004	188.9	2.7%	$118

Cite this page

MLA: “Inflation from 1997 to 2004: $100 is worth $118 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1997-to-2004/

APA: InflationCalculator.com. Inflation from 1997 to 2004. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1997-to-2004/

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.