U.S. inflation · 1999–2023
$100 in 1999 has the same buying power as
$183
in 2023
| Cumulative price change | 82.9% |
|---|---|
| Average inflation rate | 2.55% per year |
| Converted amount ($100 base) | $183 |
| Price difference ($100 base) | $82.89 |
| CPI in 1999 | 166.6 |
| CPI in 2023 | 304.702 |
| Inflation in 1999 | 2.21% |
| Inflation in 2023 | 4.12% |
| $100 in 1999 → 2023 | $183 |
| $100 in 2023 → 1999 | $54.68 |
Between 1999 and 2023, the Consumer Price Index went from 166.6 to 304.702. Cumulatively, prices increased 82.9%, which works out to an average of 2.55% per year. Put differently, a dollar in 1999 bought what $0.55 buys in 2023.
| Amount in 1999 | Value in 2023 |
|---|---|
| $1.00 | $1.83 |
| $5.00 | $9.14 |
| $10.00 | $18.29 |
| $20.00 | $36.58 |
| $50.00 | $91.45 |
| $100 | $183 |
| $500 | $914 |
| $1,000 | $1,829 |
| $5,000 | $9,145 |
| $10,000 | $18,289 |
| $100,000 | $182,894 |
| $1,000,000 | $1,828,944 |
The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 1999 spending costs in 2023, by category:
| Category | Avg. yearly inflation | $100 in 1999 → |
|---|---|---|
| All items (CPI-U) | 2.55% | $183 |
| Energy | 4.16% | $266 |
| Medical care | 3.32% | $219 |
| Food | 2.86% | $197 |
| Housing | 2.83% | $195 |
| Transportation | 2.59% | $185 |
| Core (all items less food & energy) | 2.34% | $174 |
| Education & communication | 1.52% | $143 |
| Recreation | 1.21% | $133 |
| Apparel | -0.02% | $99.45 |
| 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 |
| 2009 | 214.537 | -0.4% | $129 |
| 2010 | 218.056 | 1.6% | $131 |
| 2011 | 224.939 | 3.2% | $135 |
| 2012 | 229.594 | 2.1% | $138 |
| 2013 | 232.957 | 1.5% | $140 |
| 2014 | 236.736 | 1.6% | $142 |
| 2015 | 237.017 | 0.1% | $142 |
| 2016 | 240.007 | 1.3% | $144 |
| 2017 | 245.12 | 2.1% | $147 |
| 2018 | 251.107 | 2.4% | $151 |
| 2019 | 255.657 | 1.8% | $153 |
| 2020 | 258.811 | 1.2% | $155 |
| 2021 | 270.97 | 4.7% | $163 |
| 2022 | 292.655 | 8.0% | $176 |
| 2023 | 304.702 | 4.1% | $183 |
MLA: “Inflation from 1999 to 2023: $100 is worth $183 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1999-to-2023/
APA: InflationCalculator.com. Inflation from 1999 to 2023. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1999-to-2023/
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.