$100 in 1998 is worth $112.88 in 2003

1.13× price rise

Average US inflation: 2.45% a year over 5 years. Prices did not double in this span. Highest year: 2000 (3.4%). Lowest: 2002 (1.6%).

Converter

1998	in 2003	2003 amount in 1998 money
$1	$1.13	$0.89
$10	$11.29	$8.86
$100	$112.88	$88.59
$1,000	$1,128.78	$885.91
$10,000	$11,287.77	$8,859.15
$100,000	$112,877.66	$88,591.49

Year by year (value of $100 from 1998)

Year	Value	Inflation
1998	$100.00
1999	$102.19	2.2%
2000	$105.63	3.4%
2001	$108.61	2.8%
2002	$110.34	1.6%
2003	$112.88	2.3%

1998–2002 · 1998–2004 · All years

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How much is $100 from 1998 worth in 2003?

$100 in 1998 had about the same buying power as $112.88 in 2003, based on US consumer price index data.

What was the average inflation rate in US from 1998 to 2003?

About 2.45% per year, compounding to a 12.9% total rise in prices over 5 years.

Which year between 1998 and 2003 had the highest inflation?

2000 saw the largest annual rise in the index (3.4%); the lowest was 2002 (1.6%).

Historical statistics for education only. Not investment advice. US CPI: U.S. Bureau of Labor Statistics CPI-U (public domain), annual averages; 2026 = Sep 2026 index. India CPI: World Bank WDI FP.CPI.TOTL (source IMF IFS), licensed CC BY 4.0. INR/USD: Federal Reserve Board H.10. Sources & method · Embed this calculator · BacktestCard