Between 2002 and 2020, the Consumer Price Index went from 179.9 to 258.811.
Cumulatively, prices increased 43.9%, which works out to an average of
2.04% per year. Put differently, a dollar in 2002 bought what
$0.70 buys in 2020.
Common amounts: 2002 dollars in 2020
Amount in 2002
Value in 2020
$1.00
$1.44
$5.00
$7.19
$10.00
$14.39
$20.00
$28.77
$50.00
$71.93
$100
$144
$500
$719
$1,000
$1,439
$5,000
$7,193
$10,000
$14,386
$100,000
$143,864
$1,000,000
$1,438,638
Inflation by spending category, 2002–2020
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 2002 spending costs in 2020, by category:
MLA: “Inflation from 2002 to 2020: $100 is worth $144 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/2002-to-2020/
APA: InflationCalculator.com. Inflation from 2002 to 2020. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/2002-to-2020/