$100 in 2000 is worth $131 in 2011,
because prices increased 30.6% over that period, an average of
2.46% a year.
$100 in 2000 has
the same buying power as
$131
in 2011
Detailed inflation statistics
Cumulative price change
30.6%
Average inflation rate
2.46% per year
Converted amount ($100 base)
$131
Price difference ($100 base)
$30.63
CPI in 2000
172.2
CPI in 2011
224.939
Inflation in 2000
3.36%
Inflation in 2011
3.16%
$100 in 2000 → 2011
$131
$100 in 2011 → 2000
$76.55
What happened to prices between 2000 and 2011
Between 2000 and 2011, the Consumer Price Index went from 172.2 to 224.939.
Cumulatively, prices increased 30.6%, which works out to an average of
2.46% per year. Put differently, a dollar in 2000 bought what
$0.77 buys in 2011: the 2000 dollar
lost 23.4% of its purchasing power over
these 11 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 2011 at the same ratio, 1.31: $1,000 becomes
$1,306, and $10,000 becomes $13,063.
Amount in 2000
Value in 2011
$1.00
$1.31
$5.00
$6.53
$10.00
$13.06
$20.00
$26.13
$50.00
$65.31
$100
$131
$500
$653
$1,000
$1,306
$5,000
$6,531
$10,000
$13,063
$100,000
$130,627
$1,000,000
$1,306,266
Inflation by spending category, 2000–2011
Between 2000 and 2011, energy rose the most, up 95.8%, while apparel fell 5.8%, against 30.6% for all items. The headline number is an average; here is what $100 of 2000
spending costs in 2011, by category:
Category
Avg. yearly inflation
$100 in 2000 →
All items (CPI-U)
2.46%
$131
Energy
6.30%
$196
Medical care
3.97%
$153
Transportation
3.01%
$139
Food
2.82%
$136
Housing
2.36%
$129
Education & communication
2.29%
$128
Core (all items less food & energy)
1.98%
$124
Recreation
0.85%
$110
Apparel
-0.54%
$94.22
Decade by decade: 2000 to 2011
Prices climbed fastest in the 2010s, averaging 3.16% a year, and slowest in the 2000s (2.39% a year). Each step below chains into the full 2000–2011 change:
Years
Avg. yearly inflation
Price change
$100 from 2000, at end
2000–2010
2.39%
26.6%
$127
2010–2011
3.16%
3.2%
$131
Year by year: CPI and the value of $100 from 2000
$100 from 2000 had already become $113 by
2005, on its way to $131 in 2011; each row shows the CPI, that
year's inflation rate, and the running value.
Within the span, inflation peaked at 3.8% in 2008, and prices fell 0.4% in 2009, the deepest deflation of the period.
In 2011, prices rose 3.2% and $100 from 2000 had the buying
power of $131; the year's average CPI of 224.939 is the level
behind every 2011 figure on this page.
2011 brought the fastest inflation of the post-recession recovery. Consumer
prices rose 3.2%, roughly double the 2010 pace, and the cause was mostly at the
pump and the grocery store. Unrest across the Middle East and North Africa,
including the war in Libya, pushed gasoline to an annual average of $3.52 a
gallon, the highest yearly figure recorded to that point. Food prices also
rose faster than the overall index.
Household budgets did not keep up. The median household income was $50,054,
barely above the year before, and the median new home sold for about $227,200.
The federal minimum wage stayed at $7.25 and a first-class stamp at 44 cents.
Policy stayed loose. The Federal Reserve kept its policy rate near zero and
launched Operation Twist in September to lower long-term rates. Washington
spent the summer in a debt-ceiling fight that ended in S&P’s August downgrade
of the U.S. credit rating. The inflation spike proved temporary: the
2011 rate was the high point of the early 2010s, and prices grew more slowly
in every year that followed until 2017.
MLA: “Inflation from 2000 to 2011: $100 is worth $131 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/2000-to-2011/
APA: InflationCalculator.com. Inflation from 2000 to 2011. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/2000-to-2011/