Between 2003 and 2016, the Consumer Price Index went from 184 to 240.007.
Cumulatively, prices increased 30.4%, which works out to an average of
2.07% per year. Put differently, a dollar in 2003 bought what
$0.77 buys in 2016.
Common amounts: 2003 dollars in 2016
Amount in 2003
Value in 2016
$1.00
$1.30
$5.00
$6.52
$10.00
$13.04
$20.00
$26.09
$50.00
$65.22
$100
$130
$500
$652
$1,000
$1,304
$5,000
$6,522
$10,000
$13,044
$100,000
$130,439
$1,000,000
$1,304,386
Inflation by spending category, 2003–2016
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 2003 spending costs in 2016, by category:
MLA: “Inflation from 2003 to 2016: $100 is worth $130 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/2003-to-2016/
APA: InflationCalculator.com. Inflation from 2003 to 2016. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/2003-to-2016/