Between 1997 and 2021, the Consumer Price Index went from 160.5 to 270.97.
Cumulatively, prices increased 68.8%, which works out to an average of
2.21% per year. Put differently, a dollar in 1997 bought what
$0.59 buys in 2021.
Common amounts: 1997 dollars in 2021
Amount in 1997
Value in 2021
$1.00
$1.69
$5.00
$8.44
$10.00
$16.88
$20.00
$33.77
$50.00
$84.41
$100
$169
$500
$844
$1,000
$1,688
$5,000
$8,441
$10,000
$16,883
$100,000
$168,829
$1,000,000
$1,688,287
Inflation by spending category, 1997–2021
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1997 spending costs in 2021, by category:
MLA: “Inflation from 1997 to 2021: $100 is worth $169 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1997-to-2021/
APA: InflationCalculator.com. Inflation from 1997 to 2021. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1997-to-2021/