Between 1973 and 1989, the Consumer Price Index went from 44.4 to 124.
Cumulatively, prices increased 179.3%, which works out to an average of
6.63% per year. Put differently, a dollar in 1973 bought what
$0.36 buys in 1989.
Common amounts: 1973 dollars in 1989
Amount in 1973
Value in 1989
$1.00
$2.79
$5.00
$13.96
$10.00
$27.93
$20.00
$55.86
$50.00
$140
$100
$279
$500
$1,396
$1,000
$2,793
$5,000
$13,964
$10,000
$27,928
$100,000
$279,279
$1,000,000
$2,792,793
Inflation by spending category, 1973–1989
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1973 spending costs in 1989, by category:
Category
Avg. yearly inflation
$100 in 1973 →
All items (CPI-U)
6.63%
$279
Medical care
8.79%
$385
Energy
7.56%
$321
Housing
7.07%
$299
Core (all items less food & energy)
6.72%
$283
Transportation
6.57%
$277
Food
6.14%
$260
Apparel
3.87%
$184
Not shown because the BLS began these indexes after 1973: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1973 to 1989: $100 is worth $279 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1973-to-1989/
APA: InflationCalculator.com. Inflation from 1973 to 1989. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1973-to-1989/