U.S. inflation · 1998–1999

Value of $100 in 1998, adjusted to 1999

$100 in 1998 has the same buying power as

$102

in 1999

$100$101$10219981999$100 · 1998$102 · 1999
Detailed inflation statistics
Cumulative price change2.2%
Average inflation rate2.21% per year
Converted amount ($100 base)$102
Price difference ($100 base)$2.21
CPI in 1998163
CPI in 1999166.6
Inflation in 19981.56%
Inflation in 19992.21%
$100 in 19981999$102
$100 in 19991998$97.84

What happened to prices between 1998 and 1999

Between 1998 and 1999, the Consumer Price Index went from 163 to 166.6. Cumulatively, prices increased 2.2%, which works out to an average of 2.21% per year. Put differently, a dollar in 1998 bought what $0.98 buys in 1999.

Common amounts: 1998 dollars in 1999

Amount in 1998Value in 1999
$1.00$1.02
$5.00$5.11
$10.00$10.22
$20.00$20.44
$50.00$51.10
$100$102
$500$511
$1,000$1,022
$5,000$5,110
$10,000$10,221
$100,000$102,209
$1,000,000$1,022,086

Inflation by spending category, 1998–1999

The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 1998 spending costs in 1999, by category:

Category Avg. yearly inflation $100 in 1998 →
All items (CPI-U) 2.21% $102
Energy 3.60% $104
Medical care 3.51% $104
Housing 2.18% $102
Food 2.12% $102
Core (all items less food & energy) 2.08% $102
Transportation 1.98% $102
Education & communication 0.90% $101
Recreation 0.89% $101
Apparel -1.28% $98.72

Year by year: CPI and the value of $100 from 1998

Year CPI Inflation rate $100 from 1998
1998 163 1.6% $100
1999 166.6 2.2% $102

Cite this page

MLA: “Inflation from 1998 to 1999: $100 is worth $102 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1998-to-1999/

APA: InflationCalculator.com. Inflation from 1998 to 1999. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1998-to-1999/

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.