$100 in 2000 is worth $137 in 2014,
because prices increased 37.5% over that period, an average of
2.30% a year.
$100 in 2000 has
the same buying power as
$137
in 2014
Detailed inflation statistics
Cumulative price change
37.5%
Average inflation rate
2.30% per year
Converted amount ($100 base)
$137
Price difference ($100 base)
$37.48
CPI in 2000
172.2
CPI in 2014
236.736
Inflation in 2000
3.36%
Inflation in 2014
1.62%
$100 in 2000 → 2014
$137
$100 in 2014 → 2000
$72.74
What happened to prices between 2000 and 2014
Between 2000 and 2014, the Consumer Price Index went from 172.2 to 236.736.
Cumulatively, prices increased 37.5%, which works out to an average of
2.30% per year. Put differently, a dollar in 2000 bought what
$0.73 buys in 2014: the 2000 dollar
lost 27.3% of its purchasing power over
these 14 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 2014 at the same ratio, 1.37: $1,000 becomes
$1,375, and $10,000 becomes $13,748.
Amount in 2000
Value in 2014
$1.00
$1.37
$5.00
$6.87
$10.00
$13.75
$20.00
$27.50
$50.00
$68.74
$100
$137
$500
$687
$1,000
$1,375
$5,000
$6,874
$10,000
$13,748
$100,000
$137,477
$1,000,000
$1,374,774
Inflation by spending category, 2000–2014
Between 2000 and 2014, energy rose the most, up 95.5%, while apparel fell 1.6%, against 37.5% for all items. The headline number is an average; here is what $100 of 2000
spending costs in 2014, by category:
Category
Avg. yearly inflation
$100 in 2000 →
All items (CPI-U)
2.30%
$137
Energy
4.90%
$195
Medical care
3.73%
$167
Food
2.67%
$145
Transportation
2.48%
$141
Housing
2.30%
$138
Education & communication
2.12%
$134
Core (all items less food & energy)
1.96%
$131
Recreation
0.80%
$112
Apparel
-0.12%
$98.39
Decade by decade: 2000 to 2014
Prices climbed fastest in the 2000s, averaging 2.39% a year, and slowest in the 2010s (2.08% a year). Each step below chains into the full 2000–2014 change:
Years
Avg. yearly inflation
Price change
$100 from 2000, at end
2000–2010
2.39%
26.6%
$127
2010–2014
2.08%
8.6%
$137
Year by year: CPI and the value of $100 from 2000
$100 from 2000 had already become $120 by
2007, on its way to $137 in 2014; 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 2014, prices rose 1.6% and $100 from 2000 had the buying
power of $137; the year's average CPI of 236.736 is the level
behind every 2014 figure on this page.
2014 ended with the sharpest oil price drop in years. Consumer prices rose
1.6% for the year, close to 2013’s pace, but the annual figure hid a shift at
the pump: crude oil fell from above $100 a barrel in June to below $60 in
December, and gasoline finished the year near $2.25 a gallon after averaging
$3.37 across 2014. The drop reflected record U.S. shale output, softer
global demand, and OPEC’s decision in November to keep producing.
For households, cheaper fuel arrived just as the labor market strengthened.
Median household income was $53,657, essentially flat on the prior year, and
the median new home sold for about $288,500. The federal minimum wage stayed
at $7.25 for a fifth year, and a first-class stamp rose to 49 cents.
The Federal Reserve ended its bond purchases in October but left its policy
rate at zero. A stronger dollar helped hold down import prices. Because
energy weighs heavily in the CPI, the late-year slide carried into 2015, which
posted the smallest annual increase of the decade.
MLA: “Inflation from 2000 to 2014: $100 is worth $137 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/2000-to-2014/
APA: InflationCalculator.com. Inflation from 2000 to 2014. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/2000-to-2014/