U.S. inflation · 1999–2008
$100 in 1999 has the same buying power as
$129
in 2008
| Cumulative price change | 29.2% |
|---|---|
| Average inflation rate | 2.89% per year |
| Converted amount ($100 base) | $129 |
| Price difference ($100 base) | $29.23 |
| CPI in 1999 | 166.6 |
| CPI in 2008 | 215.303 |
| Inflation in 1999 | 2.21% |
| Inflation in 2008 | 3.84% |
| $100 in 1999 → 2008 | $129 |
| $100 in 2008 → 1999 | $77.38 |
Between 1999 and 2008, the Consumer Price Index went from 166.6 to 215.303. Cumulatively, prices increased 29.2%, which works out to an average of 2.89% per year. Put differently, a dollar in 1999 bought what $0.77 buys in 2008.
| Amount in 1999 | Value in 2008 |
|---|---|
| $1.00 | $1.29 |
| $5.00 | $6.46 |
| $10.00 | $12.92 |
| $20.00 | $25.85 |
| $50.00 | $64.62 |
| $100 | $129 |
| $500 | $646 |
| $1,000 | $1,292 |
| $5,000 | $6,462 |
| $10,000 | $12,923 |
| $100,000 | $129,233 |
| $1,000,000 | $1,292,335 |
The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 1999 spending costs in 2008, by category:
| Category | Avg. yearly inflation | $100 in 1999 → |
|---|---|---|
| All items (CPI-U) | 2.89% | $129 |
| Energy | 9.27% | $222 |
| Medical care | 4.24% | $145 |
| Transportation | 3.43% | $135 |
| Housing | 3.13% | $132 |
| Food | 3.00% | $130 |
| Education & communication | 2.25% | $122 |
| Core (all items less food & energy) | 2.21% | $122 |
| Recreation | 1.17% | $111 |
| Apparel | -1.10% | $90.56 |
| Year | CPI | Inflation rate | $100 from 1999 |
|---|---|---|---|
| 1999 | 166.6 | 2.2% | $100 |
| 2000 | 172.2 | 3.4% | $103 |
| 2001 | 177.1 | 2.8% | $106 |
| 2002 | 179.9 | 1.6% | $108 |
| 2003 | 184 | 2.3% | $110 |
| 2004 | 188.9 | 2.7% | $113 |
| 2005 | 195.3 | 3.4% | $117 |
| 2006 | 201.6 | 3.2% | $121 |
| 2007 | 207.342 | 2.8% | $124 |
| 2008 | 215.303 | 3.8% | $129 |
MLA: “Inflation from 1999 to 2008: $100 is worth $129 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1999-to-2008/
APA: InflationCalculator.com. Inflation from 1999 to 2008. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1999-to-2008/
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.