$100 in 2000 is worth $146 in 2018,
because prices increased 45.8% over that period, an average of
2.12% a year.
$100 in 2000 has
the same buying power as
$146
in 2018
Detailed inflation statistics
Cumulative price change
45.8%
Average inflation rate
2.12% per year
Converted amount ($100 base)
$146
Price difference ($100 base)
$45.82
CPI in 2000
172.2
CPI in 2018
251.107
Inflation in 2000
3.36%
Inflation in 2018
2.44%
$100 in 2000 → 2018
$146
$100 in 2018 → 2000
$68.58
What happened to prices between 2000 and 2018
Between 2000 and 2018, the Consumer Price Index went from 172.2 to 251.107.
Cumulatively, prices increased 45.8%, which works out to an average of
2.12% per year. Put differently, a dollar in 2000 bought what
$0.69 buys in 2018: the 2000 dollar
lost 31.4% of its purchasing power over
these 18 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 2018 at the same ratio, 1.46: $1,000 becomes
$1,458, and $10,000 becomes $14,582.
Amount in 2000
Value in 2018
$1.00
$1.46
$5.00
$7.29
$10.00
$14.58
$20.00
$29.16
$50.00
$72.91
$100
$146
$500
$729
$1,000
$1,458
$5,000
$7,291
$10,000
$14,582
$100,000
$145,823
$1,000,000
$1,458,229
Inflation by spending category, 2000–2018
Between 2000 and 2018, medical care rose the most, up 85.9%, while apparel fell 3.0%, against 45.8% for all items. The headline number is an average; here is what $100 of 2000
spending costs in 2018, by category:
Category
Avg. yearly inflation
$100 in 2000 →
All items (CPI-U)
2.12%
$146
Medical care
3.50%
$186
Energy
3.21%
$177
Housing
2.37%
$152
Food
2.32%
$151
Core (all items less food & energy)
1.97%
$142
Transportation
1.78%
$137
Education & communication
1.62%
$133
Recreation
0.79%
$115
Apparel
-0.17%
$96.96
Decade by decade: 2000 to 2018
Prices climbed fastest in the 2000s, averaging 2.39% a year, and slowest in the 2010s (1.78% a year). Each step below chains into the full 2000–2018 change:
Years
Avg. yearly inflation
Price change
$100 from 2000, at end
2000–2010
2.39%
26.6%
$127
2010–2018
1.78%
15.2%
$146
Year by year: CPI and the value of $100 from 2000
$100 from 2000 had already become $125 by
2009, on its way to $146 in 2018; 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 2018, prices rose 2.4% and $100 from 2000 had the buying
power of $146; the year's average CPI of 251.107 is the level
behind every 2018 figure on this page.
2018 was the peak of the late-2010s expansion. Consumer prices rose 2.4%,
the fastest since 2011, with gasoline averaging $2.72 a gallon after a summer
high. Unemployment fell to 3.7% in September, the lowest since 1969, and median
household income reached $63,179. The median new home sold for about $331,800,
and a first-class stamp cost 50 cents. The federal minimum wage was still $7.25.
Trade policy became a price factor for the first time in decades. New tariffs
on steel, aluminum, and a growing list of Chinese goods raised costs for
manufacturers and some consumer products, and retaliation cut into exports of
soybeans and other farm goods.
The Federal Reserve, led from February by Jerome Powell, raised rates four
times to 2.25–2.50%. A stock-market drop of nearly 20% in the fourth quarter
led the Fed to signal a pause in early 2019. Oil fell from over $75 a barrel in
October to below $50 by December, which pulled headline inflation lower going
into the next year.
MLA: “Inflation from 2000 to 2018: $100 is worth $146 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/2000-to-2018/
APA: InflationCalculator.com. Inflation from 2000 to 2018. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/2000-to-2018/