Between 2004 and 2016, the Consumer Price Index went from 188.9 to 240.007.
Cumulatively, prices increased 27.1%, which works out to an average of
2.02% per year. Put differently, a dollar in 2004 bought what
$0.79 buys in 2016.
Common amounts: 2004 dollars in 2016
Amount in 2004
Value in 2016
$1.00
$1.27
$5.00
$6.35
$10.00
$12.71
$20.00
$25.41
$50.00
$63.53
$100
$127
$500
$635
$1,000
$1,271
$5,000
$6,353
$10,000
$12,706
$100,000
$127,055
$1,000,000
$1,270,551
Inflation by spending category, 2004–2016
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 2004 spending costs in 2016, by category:
MLA: “Inflation from 2004 to 2016: $100 is worth $127 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/2004-to-2016/
APA: InflationCalculator.com. Inflation from 2004 to 2016. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/2004-to-2016/