Between 1966 and 1989, the Consumer Price Index went from 32.4 to 124.
Cumulatively, prices increased 282.7%, which works out to an average of
6.01% per year. Put differently, a dollar in 1966 bought what
$0.26 buys in 1989.
Common amounts: 1966 dollars in 1989
Amount in 1966
Value in 1989
$1.00
$3.83
$5.00
$19.14
$10.00
$38.27
$20.00
$76.54
$50.00
$191
$100
$383
$500
$1,914
$1,000
$3,827
$5,000
$19,136
$10,000
$38,272
$100,000
$382,716
$1,000,000
$3,827,160
Inflation by spending category, 1966–1989
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1966 spending costs in 1989, by category:
Category
Avg. yearly inflation
$100 in 1966 →
All items (CPI-U)
6.01%
$383
Medical care
7.84%
$568
Energy
6.27%
$405
Core (all items less food & energy)
6.04%
$385
Food
5.85%
$370
Transportation
5.64%
$353
Apparel
3.92%
$242
Not shown because the BLS began these indexes after 1966: housing (1967–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1966 to 1989: $100 is worth $383 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1966-to-1989/
APA: InflationCalculator.com. Inflation from 1966 to 1989. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1966-to-1989/