Between 1997 and 2016, the Consumer Price Index went from 160.5 to 240.007.
Cumulatively, prices increased 49.5%, which works out to an average of
2.14% per year. Put differently, a dollar in 1997 bought what
$0.67 buys in 2016.
Common amounts: 1997 dollars in 2016
Amount in 1997
Value in 2016
$1.00
$1.50
$5.00
$7.48
$10.00
$14.95
$20.00
$29.91
$50.00
$74.77
$100
$150
$500
$748
$1,000
$1,495
$5,000
$7,477
$10,000
$14,954
$100,000
$149,537
$1,000,000
$1,495,371
Inflation by spending category, 1997–2016
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1997 spending costs in 2016, by category:
MLA: “Inflation from 1997 to 2016: $100 is worth $150 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1997-to-2016/
APA: InflationCalculator.com. Inflation from 1997 to 2016. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1997-to-2016/