U.S. inflation · 2002–2003

Value of $100 in 2002, adjusted to 2003

$100 in 2002 has the same buying power as

$102

in 2003

$100$101$10220022003$100 · 2002$102 · 2003
Detailed inflation statistics
Cumulative price change2.3%
Average inflation rate2.28% per year
Converted amount ($100 base)$102
Price difference ($100 base)$2.28
CPI in 2002179.9
CPI in 2003184
Inflation in 20021.58%
Inflation in 20032.28%
$100 in 20022003$102
$100 in 20032002$97.77

What happened to prices between 2002 and 2003

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 2002Value 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:

Category Avg. yearly inflation $100 in 2002 →
All items (CPI-U) 2.28% $102
Energy 12.16% $112
Medical care 4.03% $104
Transportation 3.07% $103
Housing 2.50% $102
Food 2.16% $102
Education & communication 1.76% $102
Core (all items less food & energy) 1.42% $101
Recreation 1.22% $101
Apparel -2.50% $97.50

Year by year: CPI and the value of $100 from 2002

Year CPI Inflation rate $100 from 2002
2002 179.9 1.6% $100
2003 184 2.3% $102

Cite this page

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/

Source: U.S. Bureau of Labor Statistics, CPI-U annual averages (series CUUR0000SA0; category indexes listed on the data sources page). See how these numbers are calculated.