Between 1997 and 2020, the Consumer Price Index went from 160.5 to 258.811.
Cumulatively, prices increased 61.3%, which works out to an average of
2.10% per year. Put differently, a dollar in 1997 bought what
$0.62 buys in 2020.
Common amounts: 1997 dollars in 2020
Amount in 1997
Value in 2020
$1.00
$1.61
$5.00
$8.06
$10.00
$16.13
$20.00
$32.25
$50.00
$80.63
$100
$161
$500
$806
$1,000
$1,613
$5,000
$8,063
$10,000
$16,125
$100,000
$161,253
$1,000,000
$1,612,530
Inflation by spending category, 1997–2020
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1997 spending costs in 2020, by category:
MLA: “Inflation from 1997 to 2020: $100 is worth $161 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1997-to-2020/
APA: InflationCalculator.com. Inflation from 1997 to 2020. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1997-to-2020/