Between 1997 and 2017, the Consumer Price Index went from 160.5 to 245.12.
Cumulatively, prices increased 52.7%, which works out to an average of
2.14% per year. Put differently, a dollar in 1997 bought what
$0.65 buys in 2017.
Common amounts: 1997 dollars in 2017
Amount in 1997
Value in 2017
$1.00
$1.53
$5.00
$7.64
$10.00
$15.27
$20.00
$30.54
$50.00
$76.36
$100
$153
$500
$764
$1,000
$1,527
$5,000
$7,636
$10,000
$15,272
$100,000
$152,723
$1,000,000
$1,527,227
Inflation by spending category, 1997–2017
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1997 spending costs in 2017, by category:
MLA: “Inflation from 1997 to 2017: $100 is worth $153 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1997-to-2017/
APA: InflationCalculator.com. Inflation from 1997 to 2017. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1997-to-2017/