$100 in 2000 is worth $117 in 2006,
because prices increased 17.1% over that period, an average of
2.66% a year.
$100 in 2000 has
the same buying power as
$117
in 2006
Detailed inflation statistics
Cumulative price change
17.1%
Average inflation rate
2.66% per year
Converted amount ($100 base)
$117
Price difference ($100 base)
$17.07
CPI in 2000
172.2
CPI in 2006
201.6
Inflation in 2000
3.36%
Inflation in 2006
3.23%
$100 in 2000 → 2006
$117
$100 in 2006 → 2000
$85.42
What happened to prices between 2000 and 2006
Between 2000 and 2006, the Consumer Price Index went from 172.2 to 201.6.
Cumulatively, prices increased 17.1%, which works out to an average of
2.66% per year. Put differently, a dollar in 2000 bought what
$0.85 buys in 2006: the 2000 dollar
lost 14.6% of its purchasing power over
these 6 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 2006 at the same ratio, 1.17: $1,000 becomes
$1,171, and $10,000 becomes $11,707.
Amount in 2000
Value in 2006
$1.00
$1.17
$5.00
$5.85
$10.00
$11.71
$20.00
$23.41
$50.00
$58.54
$100
$117
$500
$585
$1,000
$1,171
$5,000
$5,854
$10,000
$11,707
$100,000
$117,073
$1,000,000
$1,170,732
Inflation by spending category, 2000–2006
Between 2000 and 2006, energy rose the most, up 58.0%, while apparel fell 7.8%, against 17.1% for all items. The headline number is an average; here is what $100 of 2000
spending costs in 2006, by category:
Category
Avg. yearly inflation
$100 in 2000 →
All items (CPI-U)
2.66%
$117
Energy
7.92%
$158
Medical care
4.32%
$129
Housing
3.06%
$120
Transportation
2.80%
$118
Food
2.55%
$116
Education & communication
2.20%
$114
Core (all items less food & energy)
2.14%
$114
Recreation
1.19%
$107
Apparel
-1.34%
$92.21
Year by year: CPI and the value of $100 from 2000
$100 from 2000 had already become $107 by
2003, on its way to $117 in 2006; 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 2006, prices rose 3.2% and $100 from 2000 had the buying
power of $117; the year's average CPI of 201.6 is the level
behind every 2006 figure on this page.
Inflation was 3.2% in 2006 and gasoline averaged $2.59 a gallon, up 29 cents from 2005. The
median household earned about $48,200 and the median new home cost $246,500, a gain of about
2% after a 13% jump in 2004 and 9% in 2005. National home prices, by the S&P/Case-Shiller
index, peaked in mid-2006. Ben Bernanke replaced Alan Greenspan as Federal Reserve chair on
February 1, and on June 29 the Fed raised its policy rate to 5.25%, the last of 17 straight
quarter-point increases. It held there for over a year. A first-class stamp rose to 39 cents in
January, and the federal minimum wage was $5.15 for the ninth full year in a row.
MLA: “Inflation from 2000 to 2006: $100 is worth $117 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/2000-to-2006/
APA: InflationCalculator.com. Inflation from 2000 to 2006. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/2000-to-2006/