Between 1999 and 2003, the Consumer Price Index went from 166.6 to 184.
Cumulatively, prices increased 10.4%, which works out to an average of
2.51% per year. Put differently, a dollar in 1999 bought what
$0.91 buys in 2003.
Common amounts: 1999 dollars in 2003
Amount in 1999
Value in 2003
$1.00
$1.10
$5.00
$5.52
$10.00
$11.04
$20.00
$22.09
$50.00
$55.22
$100
$110
$500
$552
$1,000
$1,104
$5,000
$5,522
$10,000
$11,044
$100,000
$110,444
$1,000,000
$1,104,442
Inflation by spending category, 1999–2003
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1999 spending costs in 2003, by category:
MLA: “Inflation from 1999 to 2003: $100 is worth $110 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1999-to-2003/
APA: InflationCalculator.com. Inflation from 1999 to 2003. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1999-to-2003/