Between 2002 and 2004, the Consumer Price Index went from 179.9 to 188.9.
Cumulatively, prices increased 5.0%, which works out to an average of
2.47% per year. Put differently, a dollar in 2002 bought what
$0.95 buys in 2004.
Common amounts: 2002 dollars in 2004
Amount in 2002
Value in 2004
$1.00
$1.05
$5.00
$5.25
$10.00
$10.50
$20.00
$21.00
$50.00
$52.50
$100
$105
$500
$525
$1,000
$1,050
$5,000
$5,250
$10,000
$10,500
$100,000
$105,003
$1,000,000
$1,050,028
Inflation by spending category, 2002–2004
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 2002 spending costs in 2004, by category:
MLA: “Inflation from 2002 to 2004: $100 is worth $105 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/2002-to-2004/
APA: InflationCalculator.com. Inflation from 2002 to 2004. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/2002-to-2004/