Between 1964 and 1990, the Consumer Price Index went from 31 to 130.7.
Cumulatively, prices increased 321.6%, which works out to an average of
5.69% per year. Put differently, a dollar in 1964 bought what
$0.24 buys in 1990.
Common amounts: 1964 dollars in 1990
Amount in 1964
Value in 1990
$1.00
$4.22
$5.00
$21.08
$10.00
$42.16
$20.00
$84.32
$50.00
$211
$100
$422
$500
$2,108
$1,000
$4,216
$5,000
$21,081
$10,000
$42,161
$100,000
$421,613
$1,000,000
$4,216,129
Inflation by spending category, 1964–1990
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1964 spending costs in 1990, by category:
Category
Avg. yearly inflation
$100 in 1964 →
All items (CPI-U)
5.69%
$422
Medical care
7.54%
$662
Energy
5.99%
$454
Food
5.68%
$420
Core (all items less food & energy)
5.67%
$420
Transportation
5.31%
$384
Apparel
3.78%
$262
Not shown because the BLS began these indexes after 1964: housing (1967–), recreation (1993–), education & communication (1993–).
In 1990, the median U.S. household earned about $29,900, gas averaged $1.15 a
gallon, and mailing a letter cost a quarter. Inflation ran hot at 5.4% for the
year, its highest rate since 1982, pushed up by an oil shock after Iraq’s
invasion of Kuwait, and the economy tipped into recession that summer. It was
the last gasp of elevated inflation before the long calm of the 1990s.
MLA: “Inflation from 1964 to 1990: $100 is worth $422 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1964-to-1990/
APA: InflationCalculator.com. Inflation from 1964 to 1990. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1964-to-1990/