Between 1974 and 1989, the Consumer Price Index went from 49.3 to 124.
Cumulatively, prices increased 151.5%, which works out to an average of
6.34% per year. Put differently, a dollar in 1974 bought what
$0.40 buys in 1989.
Common amounts: 1974 dollars in 1989
Amount in 1974
Value in 1989
$1.00
$2.52
$5.00
$12.58
$10.00
$25.15
$20.00
$50.30
$50.00
$126
$100
$252
$500
$1,258
$1,000
$2,515
$5,000
$12,576
$10,000
$25,152
$100,000
$251,521
$1,000,000
$2,515,213
Inflation by spending category, 1974–1989
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1974 spending costs in 1989, by category:
Category
Avg. yearly inflation
$100 in 1974 →
All items (CPI-U)
6.34%
$252
Medical care
8.75%
$352
Housing
6.81%
$269
Core (all items less food & energy)
6.61%
$261
Transportation
6.27%
$249
Energy
6.23%
$248
Food
5.62%
$227
Apparel
3.64%
$171
Not shown because the BLS began these indexes after 1974: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1974 to 1989: $100 is worth $252 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1974-to-1989/
APA: InflationCalculator.com. Inflation from 1974 to 1989. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1974-to-1989/