U.S. inflation · 2002–2008
$100 in 2002 has the same buying power as
$120
in 2008
| Cumulative price change | 19.7% |
|---|---|
| Average inflation rate | 3.04% per year |
| Converted amount ($100 base) | $120 |
| Price difference ($100 base) | $19.68 |
| CPI in 2002 | 179.9 |
| CPI in 2008 | 215.303 |
| Inflation in 2002 | 1.58% |
| Inflation in 2008 | 3.84% |
| $100 in 2002 → 2008 | $120 |
| $100 in 2008 → 2002 | $83.56 |
Between 2002 and 2008, the Consumer Price Index went from 179.9 to 215.303. Cumulatively, prices increased 19.7%, which works out to an average of 3.04% per year. Put differently, a dollar in 2002 bought what $0.84 buys in 2008.
| Amount in 2002 | Value in 2008 |
|---|---|
| $1.00 | $1.20 |
| $5.00 | $5.98 |
| $10.00 | $11.97 |
| $20.00 | $23.94 |
| $50.00 | $59.84 |
| $100 | $120 |
| $500 | $598 |
| $1,000 | $1,197 |
| $5,000 | $5,984 |
| $10,000 | $11,968 |
| $100,000 | $119,679 |
| $1,000,000 | $1,196,793 |
The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 2002 spending costs in 2008, by category:
| Category | Avg. yearly inflation | $100 in 2002 → |
|---|---|---|
| All items (CPI-U) | 3.04% | $120 |
| Energy | 11.72% | $194 |
| Transportation | 4.19% | $128 |
| Medical care | 4.13% | $127 |
| Food | 3.30% | $122 |
| Housing | 3.08% | $120 |
| Education & communication | 2.29% | $115 |
| Core (all items less food & energy) | 2.08% | $113 |
| Recreation | 1.08% | $107 |
| Apparel | -0.70% | $95.89 |
| Year | CPI | Inflation rate | $100 from 2002 |
|---|---|---|---|
| 2002 | 179.9 | 1.6% | $100 |
| 2003 | 184 | 2.3% | $102 |
| 2004 | 188.9 | 2.7% | $105 |
| 2005 | 195.3 | 3.4% | $109 |
| 2006 | 201.6 | 3.2% | $112 |
| 2007 | 207.342 | 2.8% | $115 |
| 2008 | 215.303 | 3.8% | $120 |
MLA: “Inflation from 2002 to 2008: $100 is worth $120 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/2002-to-2008/
APA: InflationCalculator.com. Inflation from 2002 to 2008. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/2002-to-2008/
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.