According to the Bureau of Labor Statistics, 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 the year 2000 is equivalent 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%|
|Price difference ($100 base)||$39.38|
|CPI in 2000||172.2|
|CPI in 2016||240.007|
Politics and news often play an important role in economic performance.
Inflation Data Source: 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.