U.S. inflation · 1998–2000
$100 in 1998 has the same buying power as
$106
in 2000
| Cumulative price change | 5.6% |
|---|---|
| Average inflation rate | 2.78% per year |
| Converted amount ($100 base) | $106 |
| Price difference ($100 base) | $5.64 |
| CPI in 1998 | 163 |
| CPI in 2000 | 172.2 |
| Inflation in 1998 | 1.56% |
| Inflation in 2000 | 3.36% |
| $100 in 1998 → 2000 | $106 |
| $100 in 2000 → 1998 | $94.66 |
Between 1998 and 2000, the Consumer Price Index went from 163 to 172.2. Cumulatively, prices increased 5.6%, which works out to an average of 2.78% per year. Put differently, a dollar in 1998 bought what $0.95 buys in 2000.
| Amount in 1998 | Value in 2000 |
|---|---|
| $1.00 | $1.06 |
| $5.00 | $5.28 |
| $10.00 | $10.56 |
| $20.00 | $21.13 |
| $50.00 | $52.82 |
| $100 | $106 |
| $500 | $528 |
| $1,000 | $1,056 |
| $5,000 | $5,282 |
| $10,000 | $10,564 |
| $100,000 | $105,644 |
| $1,000,000 | $1,056,442 |
The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 1998 spending costs in 2000, by category:
| Category | Avg. yearly inflation | $100 in 1998 → |
|---|---|---|
| All items (CPI-U) | 2.78% | $106 |
| Energy | 10.04% | $121 |
| Transportation | 4.05% | $108 |
| Medical care | 3.79% | $108 |
| Housing | 2.83% | $106 |
| Core (all items less food & energy) | 2.25% | $105 |
| Food | 2.19% | $104 |
| Education & communication | 1.09% | $102 |
| Recreation | 1.08% | $102 |
| Apparel | -1.29% | $97.44 |
| Year | CPI | Inflation rate | $100 from 1998 |
|---|---|---|---|
| 1998 | 163 | 1.6% | $100 |
| 1999 | 166.6 | 2.2% | $102 |
| 2000 | 172.2 | 3.4% | $106 |
MLA: “Inflation from 1998 to 2000: $100 is worth $106 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1998-to-2000/
APA: InflationCalculator.com. Inflation from 1998 to 2000. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1998-to-2000/
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.