The consumer price index (CPI) in 2000 was 172.2. the Bureau of Labor Statistics uses this CPI value to track inflation on a monthly basis.

According to the Bureau of Labor Statistics consumer price index, the dollar experienced an average inflation rate of 2.09% per year. Prices in 2018 are 45.0% higher than prices in 2000.

In other words, $1 in the year 2000 is equivalent in purchasing power to $1.45 in 2018, a difference of $0.45 over 18 years.

The
current inflation rate
in 2018 is 1.72%^{1}. If this number holds, $1 today will be equivalent to $1.02 next year.

Cumulative price change | 45.00% |

Average inflation rate | 2.09% |

Price difference ($1 base) | $0.45 |

CPI in 2000 | 172.2 |

CPI in 2018 | 248.991 |

CPI in 2018 / CPI in 2000 * 2000 USD value = 2018 USD value

Then plug in historical CPI values. The U.S. CPI was 172.2 in the year 2000 and 248.991 in 2018:

248.991 / 172.2 * $1 =

$1 in 2000 has the same "purchasing power" as $1.45 in 2018.

Politics and news often influence economic performance. Here's what was happening at the time:

- Steve Ballmer becomes CEO of Microsoft after Bill Gates steps down.
- Dot-com bubble bursts after NASDAQ Composite stock market index peaks.
- George Bush becomes President of the U.S. in a disputed election that is eventually resolved by the Supreme Court.
- Gisborne, New Zealand becomes the first city to enter the new millennium.

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: “Inflation Rate in 2000 | Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 23 Apr. 2018, http://www.in2013dollars.com/inflation-rate-in-2000.