$100 in 2001 is worth $114 in 2006,
because prices increased 13.8% over that period, an average of
2.63% a year.
$100 in 2001 has
the same buying power as
$114
in 2006
Detailed inflation statistics
Cumulative price change
13.8%
Average inflation rate
2.63% per year
Converted amount ($100 base)
$114
Price difference ($100 base)
$13.83
CPI in 2001
177.1
CPI in 2006
201.6
Inflation in 2001
2.85%
Inflation in 2006
3.23%
$100 in 2001 → 2006
$114
$100 in 2006 → 2001
$87.85
What happened to prices between 2001 and 2006
Between 2001 and 2006, the Consumer Price Index went from 177.1 to 201.6.
Cumulatively, prices increased 13.8%, which works out to an average of
2.63% per year. Put differently, a dollar in 2001 bought what
$0.88 buys in 2006: the 2001 dollar
lost 12.2% of its purchasing power over
these 5 years.
Inflation fell to 2.8% in 2001 from 3.4% the year before, as a recession that began in March
cut demand and gasoline slid to an average of $1.46 a gallon. The median household earned about
$42,200, roughly flat from 2000, and a new home cost about $175,200. The Federal Reserve cut its
policy rate 11 times over the year, from 6.5% to 1.75%, the lowest since 1961. After the
September 11 attacks, U.S. stock markets closed for four trading days, and air travel dropped
sharply until the following year. Congress had already passed a $1.35 trillion tax cut in June,
which included rebate checks of up to $600. The National Bureau of Economic Research dates the
recession’s end at November, but unemployment kept rising into 2003. A first-class stamp went to
34 cents in January, and the federal minimum wage stayed at $5.15. The Fed’s cuts were the
first step in a long period of very cheap borrowing that would fuel the housing boom.
Every 2001 amount converts to 2006 at the same ratio, 1.14: $1,000 becomes
$1,138, and $10,000 becomes $11,383.
Amount in 2001
Value in 2006
$1.00
$1.14
$5.00
$5.69
$10.00
$11.38
$20.00
$22.77
$50.00
$56.92
$100
$114
$500
$569
$1,000
$1,138
$5,000
$5,692
$10,000
$11,383
$100,000
$113,834
$1,000,000
$1,138,340
Inflation by spending category, 2001–2006
Between 2001 and 2006, energy rose the most, up 52.3%, while apparel fell 6.1%, against 13.8% for all items. The headline number is an average; here is what $100 of 2001
spending costs in 2006, by category:
Category
Avg. yearly inflation
$100 in 2001 →
All items (CPI-U)
2.63%
$114
Energy
8.78%
$152
Medical care
4.27%
$123
Transportation
3.23%
$117
Housing
2.87%
$115
Food
2.43%
$113
Education & communication
2.11%
$111
Core (all items less food & energy)
2.04%
$111
Recreation
1.12%
$106
Apparel
-1.26%
$93.87
Year by year: CPI and the value of $100 from 2001
$100 from 2001 had already become $104 by
2003, on its way to $114 in 2006; each row shows the CPI, that
year's inflation rate, and the running value.
Within the span, inflation peaked at 3.4% in 2005, and the smallest rise was 1.6% in 2002.
In 2006, prices rose 3.2% and $100 from 2001 had the buying
power of $114; the year's average CPI of 201.6 is the level
behind every 2006 figure on this page.
Inflation was 3.2% in 2006 and gasoline averaged $2.59 a gallon, up 29 cents from 2005. The
median household earned about $48,200 and the median new home cost $246,500, a gain of about
2% after a 13% jump in 2004 and 9% in 2005. National home prices, by the S&P/Case-Shiller
index, peaked in mid-2006. Ben Bernanke replaced Alan Greenspan as Federal Reserve chair on
February 1, and on June 29 the Fed raised its policy rate to 5.25%, the last of 17 straight
quarter-point increases. It held there for over a year. A first-class stamp rose to 39 cents in
January, and the federal minimum wage was $5.15 for the ninth full year in a row.
MLA: “Inflation from 2001 to 2006: $100 is worth $114 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/2001-to-2006/
APA: InflationCalculator.com. Inflation from 2001 to 2006. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/2001-to-2006/