Between 1998 and 2013, the Consumer Price Index went from 163 to 232.957.
Cumulatively, prices increased 42.9%, which works out to an average of
2.41% per year. Put differently, a dollar in 1998 bought what
$0.70 buys in 2013.
Common amounts: 1998 dollars in 2013
Amount in 1998
Value in 2013
$1.00
$1.43
$5.00
$7.15
$10.00
$14.29
$20.00
$28.58
$50.00
$71.46
$100
$143
$500
$715
$1,000
$1,429
$5,000
$7,146
$10,000
$14,292
$100,000
$142,918
$1,000,000
$1,429,184
Inflation by spending category, 1998–2013
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1998 spending costs in 2013, by category:
MLA: “Inflation from 1998 to 2013: $100 is worth $143 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1998-to-2013/
APA: InflationCalculator.com. Inflation from 1998 to 2013. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1998-to-2013/