U.S. inflation · 1998–2001

Value of $100 in 1998, adjusted to 2001

$100 in 1998 has the same buying power as

$109

in 2001

$100$104$10919982001$100 · 1998$109 · 2001
Detailed inflation statistics
Cumulative price change8.7%
Average inflation rate2.80% per year
Converted amount ($100 base)$109
Price difference ($100 base)$8.65
CPI in 1998163
CPI in 2001177.1
Inflation in 19981.56%
Inflation in 20012.85%
$100 in 19982001$109
$100 in 20011998$92.04

What happened to prices between 1998 and 2001

Between 1998 and 2001, the Consumer Price Index went from 163 to 177.1. Cumulatively, prices increased 8.7%, which works out to an average of 2.80% per year. Put differently, a dollar in 1998 bought what $0.92 buys in 2001.

Common amounts: 1998 dollars in 2001

Amount in 1998Value in 2001
$1.00$1.09
$5.00$5.43
$10.00$10.87
$20.00$21.73
$50.00$54.33
$100$109
$500$543
$1,000$1,087
$5,000$5,433
$10,000$10,865
$100,000$108,650
$1,000,000$1,086,503

Inflation by spending category, 1998–2001

The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 1998 spending costs in 2001, by category:

Category Avg. yearly inflation $100 in 1998 →
All items (CPI-U) 2.80% $109
Energy 7.91% $126
Medical care 4.06% $113
Housing 3.22% $110
Transportation 2.90% $109
Food 2.51% $108
Core (all items less food & energy) 2.38% $107
Education & communication 1.60% $105
Recreation 1.24% $104
Apparel -1.45% $95.71

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
2000 172.2 3.4% $106
2001 177.1 2.8% $109

Cite this page

MLA: “Inflation from 1998 to 2001: $100 is worth $109 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1998-to-2001/

APA: InflationCalculator.com. Inflation from 1998 to 2001. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1998-to-2001/

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.