$100 in 2000 is worth $142 in 2017,
because prices increased 42.3% over that period, an average of
2.10% a year.
$100 in 2000 has
the same buying power as
$142
in 2017
Detailed inflation statistics
Cumulative price change
42.3%
Average inflation rate
2.10% per year
Converted amount ($100 base)
$142
Price difference ($100 base)
$42.35
CPI in 2000
172.2
CPI in 2017
245.12
Inflation in 2000
3.36%
Inflation in 2017
2.13%
$100 in 2000 → 2017
$142
$100 in 2017 → 2000
$70.25
What happened to prices between 2000 and 2017
Between 2000 and 2017, the Consumer Price Index went from 172.2 to 245.12.
Cumulatively, prices increased 42.3%, which works out to an average of
2.10% per year. Put differently, a dollar in 2000 bought what
$0.70 buys in 2017: the 2000 dollar
lost 29.7% of its purchasing power over
these 17 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 2017 at the same ratio, 1.42: $1,000 becomes
$1,423, and $10,000 becomes $14,235.
Amount in 2000
Value in 2017
$1.00
$1.42
$5.00
$7.12
$10.00
$14.23
$20.00
$28.47
$50.00
$71.17
$100
$142
$500
$712
$1,000
$1,423
$5,000
$7,117
$10,000
$14,235
$100,000
$142,346
$1,000,000
$1,423,461
Inflation by spending category, 2000–2017
Between 2000 and 2017, medical care rose the most, up 82.3%, while apparel fell 3.1%, against 42.3% for all items. The headline number is an average; here is what $100 of 2000
spending costs in 2017, by category:
Category
Avg. yearly inflation
$100 in 2000 →
All items (CPI-U)
2.10%
$142
Medical care
3.59%
$182
Energy
2.96%
$164
Food
2.37%
$149
Housing
2.34%
$148
Core (all items less food & energy)
1.96%
$139
Education & communication
1.70%
$133
Transportation
1.62%
$131
Recreation
0.81%
$115
Apparel
-0.18%
$96.92
Decade by decade: 2000 to 2017
Prices climbed fastest in the 2000s, averaging 2.39% a year, and slowest in the 2010s (1.69% a year). Each step below chains into the full 2000–2017 change:
Years
Avg. yearly inflation
Price change
$100 from 2000, at end
2000–2010
2.39%
26.6%
$127
2010–2017
1.69%
12.4%
$142
Year by year: CPI and the value of $100 from 2000
$100 from 2000 had already become $125 by
2008, on its way to $142 in 2017; 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 2017, prices rose 2.1% and $100 from 2000 had the buying
power of $142; the year's average CPI of 245.12 is the level
behind every 2017 figure on this page.
2017 pushed consumer prices back above the Federal Reserve’s 2% target. The
CPI rose 2.1%, the first reading over 2% in five years, helped by a rebound
in energy after OPEC’s output cuts and by a storm-related spike at the pump:
Hurricane Harvey shut a large part of Gulf Coast refining in late August.
Gasoline averaged $2.42 a gallon, up from $2.14 in 2016.
Household incomes kept rising. The median household income reached $61,372,
and the median new home sold for about $322,100. The federal minimum wage
stayed at $7.25, its eighth year at that level, and a first-class stamp rose
to 49 cents.
The Fed raised rates three times, to 1.25–1.50%, and in October began
letting its bond holdings shrink. Congress passed the Tax Cuts and Jobs Act
in December, lowering the corporate rate to 21%. Even with unemployment near
4%, core inflation stayed under 2%, a puzzle that shaped Fed debates for the
next two years.
MLA: “Inflation from 2000 to 2017: $100 is worth $142 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/2000-to-2017/
APA: InflationCalculator.com. Inflation from 2000 to 2017. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/2000-to-2017/