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Value of $250 from 2000 to 2021

$250 in 2000 is equivalent in purchasing power to about $379.76 today, an increase of $129.76 over 21 years.The dollar had an average inflation rate of 2.01% per year between 2000 and today, producing a cumulative price increase of 51.91%.

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This means that today's prices are1.52 times higher thanaverage prices since 2000,according to the Bureau of Labor Statistics consumer price index.A dollar today only buys 65.83% of what it could buy back then.

The 2000 inflation rate was 3.36%. The current year-over-year inflation rate (2020 to 2021) is now 1.40%1.If this number holds, $250 today will be equivalent in buying power to $253.50 next year.The current inflation rate page gives more detail on the latest inflation rates.

Inflation from 2000 to 2021
Cumulative price change51.91%
Average inflation rate2.01%
Converted amount ($250 base)$379.76
Price difference ($250 base)$129.76
CPI in 2000172.200
CPI in 2021261.582
Inflation in 20003.36%
Inflation in 20211.40%
$250 in 2000$379.76 in 2021
Annual Rate, the Bureau of Labor Statistics CPI
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Buying power of $250 in 2000

This chart shows a calculation of buying power equivalence for $250 in 2000 (price index tracking began in 1635).

For example, if you started with $250, you would need to end with $379.76 in order to 'adjust' for inflation (sometimes refered to as 'beating inflation').

When $250 is equivalent to $379.76 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 2000 dollars, the chart below shows how $250 is worth less over 21 years.

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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: 2000-2021
YearDollar ValueInflation Rate
2000$250.003.36%
2001$257.112.85%
2002$261.181.58%
2003$267.132.28%
2004$274.252.66%
2005$283.543.39%
2006$292.683.23%
2007$301.022.85%
2008$312.583.84%
2009$311.46-0.36%
2010$316.571.64%
2011$326.573.16%
2012$333.322.07%
2013$338.211.46%
2014$343.691.62%
2015$344.100.12%
2016$348.441.26%
2017$355.872.13%
2018$364.742.49%
2019$371.161.76%
2020$375.741.23%
2021$379.761.07%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.

This conversion table shows various other 2000 amounts in today's dollars, based on the 51.91% change in prices:

Conversion: 2000 dollars today
Initial valueEquivalent value
$1dollarin 2000$1.52dollarstoday
$5dollarsin 2000$7.60dollarstoday
$10dollarsin 2000$15.19dollarstoday
$50dollarsin 2000$75.95dollarstoday
$100dollarsin 2000$151.91dollarstoday
$500dollarsin 2000$759.53dollarstoday
$1,000dollarsin 2000$1,519.06dollarstoday
$5,000dollarsin 2000$7,595.30dollarstoday
$10,000dollarsin 2000$15,190.59dollarstoday
$50,000dollarsin 2000$75,952.96dollarstoday
$100,000dollarsin 2000$151,905.92dollarstoday
$500,000dollarsin 2000$759,529.62dollarstoday
$1,000,000dollarsin 2000$1,519,059.23dollarstoday

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Inflation by City

Inflation can vary widely by city, even within the United States. Here's how some cities fared in 2000 to 2021 (figures shown are purchasing power equivalents of $250):

  • San Diego, California: 3.92% average rate, $250 → $539.71, cumulative change of 115.88%
  • San Francisco, California: 2.59% average rate, $250 → $417.10, cumulative change of 66.84%
  • Miami-Fort Lauderdale, Florida: 2.45% average rate, $250 → $405.77, cumulative change of 62.31%
  • Tampa, Florida: 2.39% average rate, $250 → $401.24, cumulative change of 60.50%
  • Seattle, Washington: 2.31% average rate, $250 → $394.63, cumulative change of 57.85%
  • Denver, Colorado: 2.29% average rate, $250 → $392.91, cumulative change of 57.16%
  • New York: 2.15% average rate, $250 → $391.17, cumulative change of 56.47%
  • Boston, Massachusetts: 2.15% average rate, $250 → $390.98, cumulative change of 56.39%
  • Minneapolis-St Paul, Minnesota: 2.00% average rate, $250 → $371.84, cumulative change of 48.73%
  • Houston, Texas: 2.00% average rate, $250 → $371.82, cumulative change of 48.73%
  • Philadelphia, Pennsylvania: 1.94% average rate, $250 → $366.93, cumulative change of 46.77%
  • Dallas-Fort Worth, Texas: 1.87% average rate, $250 → $368.71, cumulative change of 47.48%
  • Atlanta, Georgia: 1.86% average rate, $250 → $361.65, cumulative change of 44.66%
  • St Louis, Missouri: 1.78% average rate, $250 → $355.77, cumulative change of 42.31%
  • Detroit, Michigan: 1.70% average rate, $250 → $350.41, cumulative change of 40.16%
  • Chicago, Illinois: 1.67% average rate, $250 → $353.85, cumulative change of 41.54%

San Diego, California experienced the highest rate of inflation during the 21 years between 2000 and 2021 (3.92%).

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Chicago, Illinois experienced the lowest rate of inflation during the 21 years between 2000 and 2021 (1.67%).

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

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. This chart shows the average rate of inflation for select CPI categories between 2000 and 2021.

Compare these values to the overall average of 2.01% per year:

CategoryAvg Inflation (%)Total Inflation (%)$250 in 2000 → 2021
Food and beverages2.2860.52401.31
Housing2.3261.80404.50
Apparel-0.45-9.10227.25
Transportation1.4134.11335.27
Medical care3.36100.24500.60
Recreation0.8419.30298.24
Education and communication1.5839.04347.61
Other goods and services2.6372.65431.62

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 2000. This table and charts use the earliest available data for each category.

Inflation rates of specific categories

Medical Care· Housing· Rent· Food· More

Inflation-adjusted measures

S&P 500 price·S&P 500 earnings·Shiller P/E

How to Calculate Inflation Rate for $250 since 2000

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Our calculations use the following inflation rate formula to calculate the change in value between 2000 and today:

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Then plug in historical CPI values. The U.S. CPI was 172.2 in the year 2000 and 261.582 in 2021:

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$250 in 2000 has the same 'purchasing power' or 'buying power' as $379.76 in 2021.

To get the total inflation rate for the 21 years between 2000 and 2021, we use the following formula:

×

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Plugging in the values to this equation, we get:

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Alternate Measurements of Inflation

The above data describe the CPI for all items. Also of note is the Core CPI, which measures inflation for all items except for the more volatile categories of food and energy.Core inflation averaged 1.91% per year between 2000 and 2021 (vs all-CPI inflation of 2.01%), for an inflation total of 48.80%.

When using the core inflation measurement, $250 in 2000 is equivalent in buying power to $371.99 in 2021, a difference of $121.99. Recall that for All Items, the converted amount is $379.76 with a difference of $129.76.

In 2000, core inflation was 2.43%.

Chained CPI is an alternative measurement that takes into account how consumers adjust spending for similar items.Chained inflation averaged 1.75% per year between 2000 and 2021, a total inflation amount of 48.80%.

According to the Chained CPI measurement, $250 in 2000 is equal in buying power to $359.54 in 2021, a difference of $109.54 (versus a converted amount of $379.76/change of $129.76 for All Items).

In 2000, chained inflation was 1.99%.

Comparison to S&P 500 Index

The average inflation rate of 2.01% has a compounding effect between 2000 and 2021. As noted above, this yearly inflation rate compounds to produce an overall price difference of 51.91% over 21 years.

To help put this inflation into perspective, if we had invested $250 in the S&P 500 index in 2000, our investment would be nominally worth approximately $987.25 in 2021. This is a return on investment of 294.90%, with an absolute return of $737.25 on top of the original $250.

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 34.17% of returns ($337.34) during this period. This means the inflation-adjusted real return of our $250 investment is $399.91. You may also want to account for capital gains tax, which would take your real return down to around $340 for most people.

Investment in S&P 500 Index, 2000-2021
Original AmountFinal AmountChange
Nominal$250$987.25294.90%
Real
Inflation Adjusted
$250$649.91159.96%

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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 2000 to latest available data for 2021 using average monthly close price.

For more details on the S&P 500 between 2000 and 2021, see the stock market returns calculator.

News headlines from 2000

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 fromthe Bureau of Labor Statistics'Consumer Price Index(CPI), established in 1913. Inflation data from 1665 to1912 is sourced from a historical study conducted by political scienceprofessor Robert Sahr at Oregon State University.

You may use the following MLA citation for this page:“$250 in 2000 → 2021 Inflation Calculator.” Official Inflation Data, Alioth Finance, 22 Feb. 2021, https://www.officialdata.org/us/inflation/2000?amount=250.

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.

Other resources:

When you write a check (or cheque) in the amount of $250, you need to spell out the amount.
Here we will show you how to write and spell $250 using correct grammar on a check.The amount $250 should be written and spelled out as follows:
Two hundred fifty and 00/100
Note: You can change the '00' in 00/100 to a number if you need to add cents to $250.
How to write a check amount
Write another check: $250 is not the only check we know how to write. Type in any amount below to see how to write it ona check:
How to write a check for $251
Go here for the next check amount on our list that we spelled out for you.
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