Between 1973 and 1990, the Consumer Price Index went from 44.4 to 130.7.
Cumulatively, prices increased 194.4%, which works out to an average of
6.56% per year. Put differently, a dollar in 1973 bought what
$0.34 buys in 1990.
Common amounts: 1973 dollars in 1990
Amount in 1973
Value in 1990
$1.00
$2.94
$5.00
$14.72
$10.00
$29.44
$20.00
$58.87
$50.00
$147
$100
$294
$500
$1,472
$1,000
$2,944
$5,000
$14,718
$10,000
$29,437
$100,000
$294,369
$1,000,000
$2,943,694
Inflation by spending category, 1973–1990
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1973 spending costs in 1990, by category:
Category
Avg. yearly inflation
$100 in 1973 →
All items (CPI-U)
6.56%
$294
Medical care
8.80%
$420
Energy
7.60%
$347
Housing
6.92%
$312
Core (all items less food & energy)
6.62%
$297
Transportation
6.52%
$292
Food
6.12%
$275
Apparel
3.92%
$192
Not shown because the BLS began these indexes after 1973: 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 1973 to 1990: $100 is worth $294 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1973-to-1990/
APA: InflationCalculator.com. Inflation from 1973 to 1990. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1973-to-1990/