$100 in 2000 is worth $113 in 2005,
because prices increased 13.4% over that period, an average of
2.55% a year.
$100 in 2000 has
the same buying power as
$113
in 2005
Detailed inflation statistics
Cumulative price change
13.4%
Average inflation rate
2.55% per year
Converted amount ($100 base)
$113
Price difference ($100 base)
$13.41
CPI in 2000
172.2
CPI in 2005
195.3
Inflation in 2000
3.36%
Inflation in 2005
3.39%
$100 in 2000 → 2005
$113
$100 in 2005 → 2000
$88.17
What happened to prices between 2000 and 2005
Between 2000 and 2005, the Consumer Price Index went from 172.2 to 195.3.
Cumulatively, prices increased 13.4%, which works out to an average of
2.55% per year. Put differently, a dollar in 2000 bought what
$0.88 buys in 2005: the 2000 dollar
lost 11.8% of its purchasing power over
these 5 years.
Inflation ran at 3.4% in 2000, the highest annual rate since 1991, as an economy growing
above 4% and a rise in oil prices pushed the CPI up. The median household earned about
$42,100, gas averaged $1.51 a gallon, and a new home cost roughly $169,000. The Federal
Reserve had raised interest rates six times since mid-1999 and stopped at 6.5% in May. By
then the stock market had already turned: the Nasdaq hit its record of 5,048 on March 10 and
lost about 39% of its value by December. Consumer prices did not reflect the slowdown yet,
which is why the Fed held rates high through the year even as technology companies began to
fail. In October, Congress granted China permanent normal trade relations, a decision that
would help hold down the price of manufactured goods for years. A first-class stamp cost 33
cents and the federal minimum wage was $5.15. The recession of 2001 brought inflation back
down.
Every 2000 amount converts to 2005 at the same ratio, 1.13: $1,000 becomes
$1,134, and $10,000 becomes $11,341.
Amount in 2000
Value in 2005
$1.00
$1.13
$5.00
$5.67
$10.00
$11.34
$20.00
$22.68
$50.00
$56.71
$100
$113
$500
$567
$1,000
$1,134
$5,000
$5,671
$10,000
$11,341
$100,000
$113,415
$1,000,000
$1,134,146
Inflation by spending category, 2000–2005
Between 2000 and 2005, energy rose the most, up 42.1%, while apparel fell 7.8%, against 13.4% for all items. The headline number is an average; here is what $100 of 2000
spending costs in 2005, by category:
Category
Avg. yearly inflation
$100 in 2000 →
All items (CPI-U)
2.55%
$113
Energy
7.29%
$142
Medical care
4.38%
$124
Housing
2.90%
$115
Food
2.59%
$114
Transportation
2.55%
$113
Education & communication
2.10%
$111
Core (all items less food & energy)
2.07%
$111
Recreation
1.15%
$106
Apparel
-1.61%
$92.21
Year by year: CPI and the value of $100 from 2000
$100 from 2000 had already become $104 by
2002, on its way to $113 in 2005; each row shows the CPI, that
year's inflation rate, and the running value.
Within the span, inflation peaked at 3.4% in 2005, and the smallest rise was 1.6% in 2002.
In 2005, prices rose 3.4% and $100 from 2000 had the buying
power of $113; the year's average CPI of 195.3 is the level
behind every 2005 figure on this page.
Inflation rose to 3.4% in 2005, up from 2.7% in 2004, as gasoline averaged $2.30 a gallon,
compared with $1.88 the year before. Hurricane Katrina made landfall on August 29, and with
Hurricane Rita weeks later it disrupted Gulf Coast refining, pushing the national average
price past $3 in early September. The Federal Reserve raised its policy rate at every meeting,
from 2.25% to 4.25%, to keep energy costs from feeding into other prices. The median household
earned about $46,300, up 4.5% from 2004, but the median new home price rose a further 9%, to
$240,900. In April, Congress passed a bankruptcy law that made it harder to clear debts. A
first-class stamp stayed at 37 cents until January 2006, and the federal minimum wage stayed
at $5.15.
MLA: “Inflation from 2000 to 2005: $100 is worth $113 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/2000-to-2005/
APA: InflationCalculator.com. Inflation from 2000 to 2005. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/2000-to-2005/