U.S. inflation · 1998–2007
$100 in 1998 has the same buying power as
$127
in 2007
| Cumulative price change | 27.2% |
|---|---|
| Average inflation rate | 2.71% per year |
| Converted amount ($100 base) | $127 |
| Price difference ($100 base) | $27.20 |
| CPI in 1998 | 163 |
| CPI in 2007 | 207.342 |
| Inflation in 1998 | 1.56% |
| Inflation in 2007 | 2.85% |
| $100 in 1998 → 2007 | $127 |
| $100 in 2007 → 1998 | $78.61 |
Between 1998 and 2007, the Consumer Price Index went from 163 to 207.342. Cumulatively, prices increased 27.2%, which works out to an average of 2.71% per year. Put differently, a dollar in 1998 bought what $0.79 buys in 2007.
| Amount in 1998 | Value in 2007 |
|---|---|
| $1.00 | $1.27 |
| $5.00 | $6.36 |
| $10.00 | $12.72 |
| $20.00 | $25.44 |
| $50.00 | $63.60 |
| $100 | $127 |
| $500 | $636 |
| $1,000 | $1,272 |
| $5,000 | $6,360 |
| $10,000 | $12,720 |
| $100,000 | $127,204 |
| $1,000,000 | $1,272,037 |
The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 1998 spending costs in 2007, by category:
| Category | Avg. yearly inflation | $100 in 1998 → |
|---|---|---|
| All items (CPI-U) | 2.71% | $127 |
| Energy | 8.12% | $202 |
| Medical care | 4.22% | $145 |
| Housing | 3.02% | $131 |
| Transportation | 3.00% | $130 |
| Food | 2.63% | $126 |
| Core (all items less food & energy) | 2.19% | $122 |
| Education & communication | 1.97% | $119 |
| Recreation | 1.09% | $110 |
| Apparel | -1.23% | $89.47 |
| 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 |
| 2002 | 179.9 | 1.6% | $110 |
| 2003 | 184 | 2.3% | $113 |
| 2004 | 188.9 | 2.7% | $116 |
| 2005 | 195.3 | 3.4% | $120 |
| 2006 | 201.6 | 3.2% | $124 |
| 2007 | 207.342 | 2.8% | $127 |
MLA: “Inflation from 1998 to 2007: $100 is worth $127 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1998-to-2007/
APA: InflationCalculator.com. Inflation from 1998 to 2007. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1998-to-2007/
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.