Between 2002 and 2003, the Consumer Price Index went from 179.9 to 184.
Cumulatively, prices increased 2.3%, which works out to an average of
2.28% per year. Put differently, a dollar in 2002 bought what
$0.98 buys in 2003.
Common amounts: 2002 dollars in 2003
Amount in 2002
Value in 2003
$1.00
$1.02
$5.00
$5.11
$10.00
$10.23
$20.00
$20.46
$50.00
$51.14
$100
$102
$500
$511
$1,000
$1,023
$5,000
$5,114
$10,000
$10,228
$100,000
$102,279
$1,000,000
$1,022,790
Inflation by spending category, 2002–2003
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 2002 spending costs in 2003, by category:
MLA: “Inflation from 2002 to 2003: $100 is worth $102 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/2002-to-2003/
APA: InflationCalculator.com. Inflation from 2002 to 2003. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/2002-to-2003/