$100 in 1997 is worth $129.19 in 2007

Value of $100 from 1997 to 2007

$100 in 1997 is equivalent in purchasing power to about $129.19 in 2007, an increase of $29.19 over 10 years. The dollar had an average inflation rate of 2.59% per year between 1997 and 2007, producing a cumulative price increase of 29.19%.

This means that prices in 2007 are 1.29 times as high as average prices since 1997, according to the Bureau of Labor Statistics consumer price index.

The inflation rate in 1997 was 2.29%. The inflation rate in 2007 was 2.85%. The 2007 inflation rate is higher compared to the average inflation rate of 2.48% per year between 2007 and 2023.

Inflation from 1997 to 2007
Cumulative price change29.19%
Average inflation rate2.59%
Converted amount
$100 base
Price difference
$100 base
CPI in 1997160.500
CPI in 2007207.342
Inflation in 19972.29%
Inflation in 20072.85%
$100 in 1997$129.19 in 2007

USD inflation since 1997
Annual Rate, the Bureau of Labor Statistics CPI

Buying power of $100 in 1997

This chart shows a calculation of buying power equivalence for $100 in 1997 (price index tracking began in 1635).

For example, if you started with $100, you would need to end with $129.19 in order to "adjust" for inflation (sometimes refered to as "beating inflation").

When $100 is equivalent to $129.19 over time, that means that the "real value" of a single U.S. dollar decreases over time. In other words, a dollar will pay for fewer items at the store.

This effect explains how inflation erodes the value of a dollar over time. By calculating the value in 1997 dollars, the chart below shows how $100 is worth less over 10 years.

According to the Bureau of Labor Statistics, each of these USD amounts below is equal in terms of what it could buy at the time:

Dollar inflation: 1997-2007
YearDollar ValueInflation Rate
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.
Click to show 4 more rows

This conversion table shows various other 1997 amounts in 2007 dollars, based on the 29.19% change in prices:

Conversion: 1997 dollars in 2007
Initial valueEquivalent value
$1 dollar in 1997$1.29 dollars in 2007
$5 dollars in 1997$6.46 dollars in 2007
$10 dollars in 1997$12.92 dollars in 2007
$50 dollars in 1997$64.59 dollars in 2007
$100 dollars in 1997$129.19 dollars in 2007
$500 dollars in 1997$645.93 dollars in 2007
$1,000 dollars in 1997$1,291.85 dollars in 2007
$5,000 dollars in 1997$6,459.25 dollars in 2007
$10,000 dollars in 1997$12,918.50 dollars in 2007
$50,000 dollars in 1997$64,592.52 dollars in 2007
$100,000 dollars in 1997$129,185.05 dollars in 2007
$500,000 dollars in 1997$645,925.23 dollars in 2007
$1,000,000 dollars in 1997$1,291,850.47 dollars in 2007

Inflation by City

Inflation can vary widely by city, even within the United States. Here's how some cities fared in 1997 to 2007 (figures shown are purchasing power equivalents of $100):

Seattle, Washington experienced the highest rate of inflation during the 10 years between 1997 and 2007 (6.78%).

Houston, Texas experienced the lowest rate of inflation during the 10 years between 1997 and 2007 (2.36%).

Note that some locations showing 0% inflation may have not yet reported latest data.

Inflation by Country

Inflation can also vary widely by country. For comparison, in the UK £100.00 in 1997 would be equivalent to £131.18 in 2007, an absolute change of £31.18 and a cumulative change of 31.18%.

In Canada, CA$100.00 in 1997 would be equivalent to CA$123.33 in 2007, an absolute change of CA$23.33 and a cumulative change of 23.33%.

Compare these numbers to the US's overall absolute change of $29.19 and total percent change of 29.19%.

Inflation by Spending Category

CPI is the weighted combination of many categories of spending that are tracked by the government. Breaking down these categories helps explain the main drivers behind price changes.

Between 1997 and 2007:

This chart shows the average rate of inflation for select CPI categories between 1997 and 2007.

Compare these values to the overall average of 2.59% per year:

CategoryAvg Inflation (%)Total Inflation (%)$100 in 1997 → 2007
Food and beverages2.5728.88128.88
Medical care4.1149.65149.65
Education and communication1.9621.47121.47
Other goods and services4.0248.27148.27

The graph below compares inflation in categories of goods over time. Click on a category such as "Food" to toggle it on or off:

For all these visualizations, it's important to note that not all categories may have been tracked since 1997. This table and charts use the earliest available data for each category.

How to calculate inflation rate for $100, 1997 to 2007

Our calculations use the following inflation rate formula to calculate the change in value between 1997 and 2007:

CPI in 2007 CPI in 1997
1997 USD value
2007 USD value

Then plug in historical CPI values. The U.S. CPI was 160.5 in the year 1997 and 207.342 in 2007:


$100 in 1997 has the same "purchasing power" or "buying power" as $129.19 in 2007.

To get the total inflation rate for the 10 years between 1997 and 2007, we use the following formula:

CPI in 2007 - CPI in 1997CPI in 1997
Cumulative inflation rate (10 years)

Plugging in the values to this equation, we get:

207.342 - 160.5160.5

Alternate Measurements of Inflation

There are multiple ways to measure inflation. Published rates of inflation will vary depending on methodology. The Consumer Price Index, used above, is the most common standard used globally.

Alternative measurements are sometimes used based on context and economic/political circumstances. Below are a few examples of alternative measurements.

Personal Consumption Expenditures (PCE) Inflation

The PCE Price Index is the U.S. Federal Reserve's preferred measure of inflation, compiled by the Bureau of Economic Analysis. It measures the change in prices of goods and services purchased by consumers.

The PCE Price Index changed by 2.09% per year on average between 1997 and 2007. The total PCE inflation between these dates was 23.01%. In 1997, PCE inflation was 1.74%.

This means that the PCE Index equates $100 in 1997 with $123.01 in 2007, a difference of $23.01. Compare this to the standard CPI measurement, which equates $100 with $129.19. The PCE measured -6.18% inflation compared to standard CPI.

For more information on the difference between PCE and CPI, see this analysis provided by the Bureau of Labor Statistics.

Core Inflation

Also of note is the Core CPI, which uses the standard CPI but omits the more volatile categories of food and energy.

Core inflation averaged 2.20% per year between 1997 and 2007 (vs all-CPI inflation of 2.59%), for an inflation total of 24.32%. In 1997, core inflation was 2.38%.

When using the core inflation measurement, $100 in 1997 is equivalent in buying power to $124.32 in 2007, a difference of $24.32. Recall that the converted amount is $129.19 when all items including food and energy are measured.

Comparison to S&P 500 Index

The average inflation rate of 2.59% has a compounding effect between 1997 and 2007. As noted above, this yearly inflation rate compounds to produce an overall price difference of 29.19% over 10 years.

To help put this inflation into perspective, if we had invested $100 in the S&P 500 index in 1997, our investment would be nominally worth approximately $213.68 in 2007. This is a return on investment of 113.68%, with an absolute return of $113.68 on top of the original $100.

These numbers are not inflation adjusted, so they are considered nominal. In order to evaluate the real return on our investment, we must calculate the return with inflation taken into account.

The compounding effect of inflation would account for 22.59% of returns ($48.27) during this period. This means the inflation-adjusted real return of our $100 investment is $65.40. You may also want to account for capital gains tax, which would take your real return down to around $56 for most people.

Investment in S&P 500 Index, 1997-2007
Original AmountFinal AmountChange
Inflation Adjusted

Information displayed above may differ slightly from other S&P 500 calculators. Minor discrepancies can occur because we use the latest CPI data for inflation, annualized inflation numbers for previous years, and we compute S&P price and dividends from January of 1997 to latest available data for 2007 using average monthly close price.

For more details on the S&P 500 between 1997 and 2007, see the stock market returns calculator.

Data source & citation

Raw data for these calculations comes from the Bureau of Labor Statistics' (CPI), established in 1913. Price index data from 1774 to 1912 is sourced from a historical study conducted by political science professor Robert Sahr at Oregon State University and from the American Antiquarian Society. Price index data from 1634 to 1773 is from the American Antiquarian Society, using British pound equivalents.

You may use the following MLA citation for this page: “1997 dollars in 2007 | Inflation Calculator.” Official Inflation Data, Alioth Finance, 14 Sep. 2023, https://www.officialdata.org/1997-dollars-in-2007.

Special thanks to QuickChart for their chart image API, which is used for chart downloads.

in2013dollars.com is a reference website maintained by the Official Data Foundation.

Ian Webster

About the author

Ian Webster is an engineer and data expert based in San Mateo, California. He has worked for Google, NASA, and consulted for governments around the world on data pipelines and data analysis. Disappointed by the lack of clear resources on the impacts of inflation on economic indicators, Ian believes this website serves as a valuable public tool. Ian earned his degree in Computer Science from Dartmouth College.

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Inflation from 1997 to 2007
Cumulative price change29.19%
Average inflation rate2.59%
Converted amount
$100 base
Price difference
$100 base
CPI in 1997160.500
CPI in 2007207.342
Inflation in 19972.29%
Inflation in 20072.85%
$100 in 1997$129.19 in 2007