Between 2002 and 2016, the Consumer Price Index went from 179.9 to 240.007.
Cumulatively, prices increased 33.4%, which works out to an average of
2.08% per year. Put differently, a dollar in 2002 bought what
$0.75 buys in 2016.
Common amounts: 2002 dollars in 2016
Amount in 2002
Value in 2016
$1.00
$1.33
$5.00
$6.67
$10.00
$13.34
$20.00
$26.68
$50.00
$66.71
$100
$133
$500
$667
$1,000
$1,334
$5,000
$6,671
$10,000
$13,341
$100,000
$133,411
$1,000,000
$1,334,113
Inflation by spending category, 2002–2016
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 2002 spending costs in 2016, by category:
MLA: “Inflation from 2002 to 2016: $100 is worth $133 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/2002-to-2016/
APA: InflationCalculator.com. Inflation from 2002 to 2016. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/2002-to-2016/