Between 1999 and 2022, the Consumer Price Index went from 166.6 to 292.655.
Cumulatively, prices increased 75.7%, which works out to an average of
2.48% per year. Put differently, a dollar in 1999 bought what
$0.57 buys in 2022.
Common amounts: 1999 dollars in 2022
Amount in 1999
Value in 2022
$1.00
$1.76
$5.00
$8.78
$10.00
$17.57
$20.00
$35.13
$50.00
$87.83
$100
$176
$500
$878
$1,000
$1,757
$5,000
$8,783
$10,000
$17,566
$100,000
$175,663
$1,000,000
$1,756,633
Inflation by spending category, 1999–2022
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1999 spending costs in 2022, by category:
2022 was the year inflation returned. Consumer prices rose 8.0% on average,
the worst since 1981, driven by pandemic-era supply chains, stimulus-fueled
demand, and an energy shock from the war in Ukraine. Gas briefly topped $5 a
gallon nationally for the first time ever, and “inflation” became the
top-ranked economic concern in nearly every poll of American households.
MLA: “Inflation from 1999 to 2022: $100 is worth $176 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1999-to-2022/
APA: InflationCalculator.com. Inflation from 1999 to 2022. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1999-to-2022/