CPI-U in 2004
The U.S. Consumer Price Index for All Urban Consumers (CPI-U) averaged 188.9 in 2004 (1982–84 = 100), 2.7% above the 2003 average. From December 2003 to December 2004, prices rose 3.3%. Prices in August 2026 were 1.77 times their 2004 level.
Monthly CPI-U index values, 2004
The highest monthly index in 2004 was 191.0 (November), the lowest 185.2 (January). The 12-month inflation rate ranged from +1.7% in February to +3.5% in November. Historical context — The Great Moderation (1983–2007): Inflation averaged about 3% a year with low volatility.
| Month | CPI-U index | Change from prior month | 12-month change |
|---|---|---|---|
| January 2004 | 185.2 | +0.5% | +1.9% |
| February 2004 | 186.2 | +0.5% | +1.7% |
| March 2004 | 187.4 | +0.6% | +1.7% |
| April 2004 | 188.0 | +0.3% | +2.3% |
| May 2004 | 189.1 | +0.6% | +3.1% |
| June 2004 | 189.7 | +0.3% | +3.3% |
| July 2004 | 189.4 | −0.2% | +3.0% |
| August 2004 | 189.5 | +0.1% | +2.7% |
| September 2004 | 189.9 | +0.2% | +2.5% |
| October 2004 | 190.9 | +0.5% | +3.2% |
| November 2004 | 191.0 | +0.1% | +3.5% |
| December 2004 | 190.3 | −0.4% | +3.3% |
CPI-U, U.S. city average, all items, not seasonally adjusted, 1982–84 = 100 (BLS series CUUR0000SA0). Before 2007 the BLS published the index to one decimal place. Annual average 188.9 as published by the BLS.
CPI 2004: common questions
What was the CPI in 2004?
The CPI-U annual average for 2004 was 188.9 on the 1982–84 = 100 base. Monthly values ranged from 185.2 to 191.0.
What was the inflation rate in 2004?
Measured by annual averages, consumer prices rose 2.7% in 2004; December to December the change was +3.3%.
How much is $100 from 2004 worth today?
About $177.33 in August 2026 prices, based on the change in CPI-U. Use the inflation calculator for other amounts.