$100 in 2002 is worth $163 in 2022,
because prices increased 62.7% over that period, an average of
2.46% a year.
$100 in 2002 has
the same buying power as
$163
in 2022
Detailed inflation statistics
Cumulative price change
62.7%
Average inflation rate
2.46% per year
Converted amount ($100 base)
$163
Price difference ($100 base)
$62.68
CPI in 2002
179.9
CPI in 2022
292.655
Inflation in 2002
1.58%
Inflation in 2022
8.00%
$100 in 2002 → 2022
$163
$100 in 2022 → 2002
$61.47
What happened to prices between 2002 and 2022
Between 2002 and 2022, the Consumer Price Index went from 179.9 to 292.655.
Cumulatively, prices increased 62.7%, which works out to an average of
2.46% per year. Put differently, a dollar in 2002 bought what
$0.61 buys in 2022: the 2002 dollar
lost 38.5% of its purchasing power over
these 20 years.
The CPI rose 1.6% in 2002, the lowest annual rate of the decade so far, with gasoline down to an
average of $1.36 a gallon and slack in the labor market keeping wage pressure low. The median
household earned about $42,400, and a new home cost roughly $187,600, an increase of about 7%
from the year before as low mortgage rates began to lift housing. The Federal Reserve cut its
policy rate to 1.25% in November. Stocks were moving the other way: after the Enron and WorldCom
scandals, the S&P 500 hit its bear-market low on October 9, about 49% below its March 2000
peak, and Congress passed the Sarbanes-Oxley Act in July to tighten corporate accounting rules.
On January 1, euro banknotes and coins replaced national currencies in 12 European countries. A
first-class stamp rose to 37 cents in June, and the federal minimum wage stayed at $5.15.
Every 2002 amount converts to 2022 at the same ratio, 1.63: $1,000 becomes
$1,627, and $10,000 becomes $16,268.
Amount in 2002
Value in 2022
$1.00
$1.63
$5.00
$8.13
$10.00
$16.27
$20.00
$32.54
$50.00
$81.34
$100
$163
$500
$813
$1,000
$1,627
$5,000
$8,134
$10,000
$16,268
$100,000
$162,676
$1,000,000
$1,626,765
Inflation by spending category, 2002–2022
Between 2002 and 2022, energy rose the most, up 145.1%, while apparel rose the least, up 2.5%, against 62.7% for all items. The headline number is an average; here is what $100 of 2002
spending costs in 2022, by category:
Category
Avg. yearly inflation
$100 in 2002 →
All items (CPI-U)
2.46%
$163
Energy
4.58%
$245
Medical care
3.30%
$191
Transportation
2.81%
$174
Food
2.79%
$173
Housing
2.59%
$167
Core (all items less food & energy)
2.20%
$154
Education & communication
1.45%
$133
Recreation
1.05%
$123
Apparel
0.12%
$102
Decade by decade: 2002 to 2022
Prices climbed fastest in the 2020s, averaging 6.34% a year, and slowest in the 2010s (1.73% a year). Each step below chains into the full 2002–2022 change:
Years
Avg. yearly inflation
Price change
$100 from 2002, at end
2002–2010
2.43%
21.2%
$121
2010–2020
1.73%
18.7%
$144
2020–2022
6.34%
13.1%
$163
Year by year: CPI and the value of $100 from 2002
$100 from 2002 had already become $128 by
2012, on its way to $163 in 2022; each row shows the CPI, that
year's inflation rate, and the running value.
Within the span, inflation peaked at 8.0% in 2022, and prices fell 0.4% in 2009, the deepest deflation of the period.
In 2022, prices rose 8.0% and $100 from 2002 had the buying
power of $163; the year's average CPI of 292.655 is the level
behind every 2022 figure on this page.
2022 was the year inflation returned. Consumer prices rose 8.0% on average,
the worst since 1981, driven by pandemic-era supply chains, stimulus-fueled
demand, and an energy shock from the war in Ukraine. Gas briefly topped $5 a
gallon nationally for the first time ever, and “inflation” became the
top-ranked economic concern in nearly every poll of American households.
MLA: “Inflation from 2002 to 2022: $100 is worth $163 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/2002-to-2022/
APA: InflationCalculator.com. Inflation from 2002 to 2022. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/2002-to-2022/