Between 1999 and 2002, the Consumer Price Index went from 166.6 to 179.9.
Cumulatively, prices increased 8.0%, which works out to an average of
2.59% per year. Put differently, a dollar in 1999 bought what
$0.93 buys in 2002.
Common amounts: 1999 dollars in 2002
Amount in 1999
Value in 2002
$1.00
$1.08
$5.00
$5.40
$10.00
$10.80
$20.00
$21.60
$50.00
$53.99
$100
$108
$500
$540
$1,000
$1,080
$5,000
$5,399
$10,000
$10,798
$100,000
$107,983
$1,000,000
$1,079,832
Inflation by spending category, 1999–2002
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1999 spending costs in 2002, by category:
MLA: “Inflation from 1999 to 2002: $100 is worth $108 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1999-to-2002/
APA: InflationCalculator.com. Inflation from 1999 to 2002. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1999-to-2002/