Between 1964 and 1989, the Consumer Price Index went from 31 to 124.
Cumulatively, prices increased 300.0%, which works out to an average of
5.70% per year. Put differently, a dollar in 1964 bought what
$0.25 buys in 1989.
Common amounts: 1964 dollars in 1989
Amount in 1964
Value in 1989
$1.00
$4.00
$5.00
$20.00
$10.00
$40.00
$20.00
$80.00
$50.00
$200
$100
$400
$500
$2,000
$1,000
$4,000
$5,000
$20,000
$10,000
$40,000
$100,000
$400,000
$1,000,000
$4,000,000
Inflation by spending category, 1964–1989
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1964 spending costs in 1989, by category:
Category
Avg. yearly inflation
$100 in 1964 →
All items (CPI-U)
5.70%
$400
Medical care
7.48%
$607
Energy
5.90%
$419
Core (all items less food & energy)
5.70%
$399
Food
5.67%
$397
Transportation
5.30%
$363
Apparel
3.75%
$251
Not shown because the BLS began these indexes after 1964: housing (1967–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1964 to 1989: $100 is worth $400 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1964-to-1989/
APA: InflationCalculator.com. Inflation from 1964 to 1989. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1964-to-1989/