$100 in 2000 is worth $139 in 2016,
because prices increased 39.4% over that period, an average of
2.10% a year.
$100 in 2000 has
the same buying power as
$139
in 2016
Detailed inflation statistics
Cumulative price change
39.4%
Average inflation rate
2.10% per year
Converted amount ($100 base)
$139
Price difference ($100 base)
$39.38
CPI in 2000
172.2
CPI in 2016
240.007
Inflation in 2000
3.36%
Inflation in 2016
1.26%
$100 in 2000 → 2016
$139
$100 in 2016 → 2000
$71.75
What happened to prices between 2000 and 2016
Between 2000 and 2016, the Consumer Price Index went from 172.2 to 240.007.
Cumulatively, prices increased 39.4%, which works out to an average of
2.10% per year. Put differently, a dollar in 2000 bought what
$0.72 buys in 2016: the 2000 dollar
lost 28.3% of its purchasing power over
these 16 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 2016 at the same ratio, 1.39: $1,000 becomes
$1,394, and $10,000 becomes $13,938.
Amount in 2000
Value in 2016
$1.00
$1.39
$5.00
$6.97
$10.00
$13.94
$20.00
$27.88
$50.00
$69.69
$100
$139
$500
$697
$1,000
$1,394
$5,000
$6,969
$10,000
$13,938
$100,000
$139,377
$1,000,000
$1,393,769
Inflation by spending category, 2000–2016
Between 2000 and 2016, medical care rose the most, up 77.8%, while apparel fell 2.7%, against 39.4% for all items. The headline number is an average; here is what $100 of 2000
spending costs in 2016, by category:
Category
Avg. yearly inflation
$100 in 2000 →
All items (CPI-U)
2.10%
$139
Medical care
3.66%
$178
Energy
2.66%
$152
Food
2.47%
$148
Housing
2.30%
$144
Core (all items less food & energy)
1.97%
$137
Education & communication
1.93%
$136
Transportation
1.51%
$127
Recreation
0.78%
$113
Apparel
-0.17%
$97.26
Decade by decade: 2000 to 2016
Prices climbed fastest in the 2000s, averaging 2.39% a year, and slowest in the 2010s (1.61% a year). Each step below chains into the full 2000–2016 change:
Years
Avg. yearly inflation
Price change
$100 from 2000, at end
2000–2010
2.39%
26.6%
$127
2010–2016
1.61%
10.1%
$139
Year by year: CPI and the value of $100 from 2000
$100 from 2000 had already become $125 by
2008, on its way to $139 in 2016; 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 2016, prices rose 1.3% and $100 from 2000 had the buying
power of $139; the year's average CPI of 240.007 is the level
behind every 2016 figure on this page.
2016 opened with the cheapest oil in more than a decade and closed with a
change in political direction. Crude fell to about $26 a barrel in February,
and gasoline averaged $2.14 a gallon for the year, its lowest annual
average since 2004. Headline inflation was 1.3%, a modest rebound from 2015’s
0.1%, though prices excluding food and energy rose faster, driven by rents and
health care.
Median household income rose to $59,039, the second large gain in a row, and
the median new home sold for about $307,800. The federal minimum wage held at
$7.25, and a first-class stamp fell to 47 cents after a January rate cut, a
rare decrease.
Two votes changed the outlook. Britain’s June decision to leave the European
Union unsettled currency markets, and the U.S. election in November raised
expectations of tax cuts, deficits, and faster growth, sending long-term
interest rates higher. OPEC’s November output cut ended the oil slump, and the
Federal Reserve made its second rate increase in December, to 0.50–0.75%.
MLA: “Inflation from 2000 to 2016: $100 is worth $139 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/2000-to-2016/
APA: InflationCalculator.com. Inflation from 2000 to 2016. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/2000-to-2016/