What is $100 in 2003 worth in 2004?

$100 in 2003 has the purchasing power of about $103 in 2004, based on the Consumer Price Index (CPI-U).

What was the average inflation rate between 2003 and 2004?

Prices rose 2.7% in total between 2003 and 2004, an average of 2.66% per year.

How much is $1 in 2003 worth today?

$1 in 2003 is equivalent to about $1.03 in 2004. Equivalently, a 2004 dollar buys what $0.97 bought in 2003.

U.S. inflation · 2003–2004

Value of $100 in 2003, adjusted to 2004

Amount From year To year

$100 in 2003 has the same buying power as

$103

in 2004

Detailed inflation statistics
Cumulative price change	2.7%
Average inflation rate	2.66% per year
Converted amount ($100 base)	$103
Price difference ($100 base)	$2.66
CPI in 2003	184
CPI in 2004	188.9
Inflation in 2003	2.28%
Inflation in 2004	2.66%
$100 in 2003 → 2004	$103
$100 in 2004 → 2003	$97.41

What happened to prices between 2003 and 2004

Between 2003 and 2004, the Consumer Price Index went from 184 to 188.9. Cumulatively, prices increased 2.7%, which works out to an average of 2.66% per year. Put differently, a dollar in 2003 bought what $0.97 buys in 2004.

Common amounts: 2003 dollars in 2004

Amount in 2003	Value in 2004
$1.00	$1.03
$5.00	$5.13
$10.00	$10.27
$20.00	$20.53
$50.00	$51.33
$100	$103
$500	$513
$1,000	$1,027
$5,000	$5,133
$10,000	$10,266
$100,000	$102,663
$1,000,000	$1,026,630

Inflation by spending category, 2003–2004

The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 2003 spending costs in 2004, by category:

Category	Avg. yearly inflation	$100 in 2003 →
All items (CPI-U)	2.66%	$103
Energy	10.92%	$111
Medical care	4.38%	$104
Transportation	3.49%	$103
Food	3.44%	$103
Housing	2.54%	$103
Core (all items less food & energy)	1.76%	$102
Education & communication	1.64%	$102
Recreation	1.02%	$101
Apparel	-0.41%	$99.59

Year by year: CPI and the value of $100 from 2003

Year	CPI	Inflation rate	$100 from 2003
2003	184	2.3%	$100
2004	188.9	2.7%	$103

Cite this page

MLA: “Inflation from 2003 to 2004: $100 is worth $103 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/2003-to-2004/

APA: InflationCalculator.com. Inflation from 2003 to 2004. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/2003-to-2004/

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.