According to the Bureau of Labor Statistics consumer price index, the dollar experienced an average inflation rate of 2.10% per year. Prices in 2016 are 39.4% higher than prices in 2000.
In other words, $100 in 2000 is equivalent in purchasing power to $139.38 in 2016, a difference of $39.38 over 16 years.
The inflation rate in 2016 was 1.26%.
|Cumulative price change||39.38%|
|Average inflation rate||2.10%|
|Converted amount ($100 base)||$139.38|
|Price difference ($100 base)||$39.38|
|CPI in 2000||172.2|
|CPI in 2016||240.007|
Politics and news often influence economic performance. Here's what was happening at the time:
Raw data for these calculations comes from the Bureau of Labor Statistics' Consumer Price Index (CPI), established in 1913. Inflation data from 1665 to 1912 is sourced from a historical study conducted by political science professor Robert Sahr at Oregon State University.
You may use the following MLA citation for this page: “$100 in 2000 → 2016 | Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 13 Jun. 2018, https://www.officialdata.org/2000-dollars-in-2016?amount=100.