Between 1998 and 2019, the Consumer Price Index went from 163 to 255.657.
Cumulatively, prices increased 56.8%, which works out to an average of
2.17% per year. Put differently, a dollar in 1998 bought what
$0.64 buys in 2019.
Common amounts: 1998 dollars in 2019
Amount in 1998
Value in 2019
$1.00
$1.57
$5.00
$7.84
$10.00
$15.68
$20.00
$31.37
$50.00
$78.42
$100
$157
$500
$784
$1,000
$1,568
$5,000
$7,842
$10,000
$15,684
$100,000
$156,845
$1,000,000
$1,568,448
Inflation by spending category, 1998–2019
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1998 spending costs in 2019, by category:
MLA: “Inflation from 1998 to 2019: $100 is worth $157 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1998-to-2019/
APA: InflationCalculator.com. Inflation from 1998 to 2019. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1998-to-2019/