Between 1976 and 1984, the Consumer Price Index went from 56.9 to 103.9.
Cumulatively, prices increased 82.6%, which works out to an average of
7.82% per year. Put differently, a dollar in 1976 bought what
$0.55 buys in 1984.
Common amounts: 1976 dollars in 1984
Amount in 1976
Value in 1984
$1.00
$1.83
$5.00
$9.13
$10.00
$18.26
$20.00
$36.52
$50.00
$91.30
$100
$183
$500
$913
$1,000
$1,826
$5,000
$9,130
$10,000
$18,260
$100,000
$182,601
$1,000,000
$1,826,011
Inflation by spending category, 1976–1984
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1976 spending costs in 1984, by category:
Category
Avg. yearly inflation
$100 in 1976 →
All items (CPI-U)
7.82%
$183
Energy
10.59%
$224
Medical care
9.41%
$205
Housing
8.54%
$193
Transportation
8.23%
$188
Core (all items less food & energy)
7.79%
$182
Food
6.66%
$168
Apparel
3.90%
$136
Not shown because the BLS began these indexes after 1976: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1976 to 1984: $100 is worth $183 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1976-to-1984/
APA: InflationCalculator.com. Inflation from 1976 to 1984. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1976-to-1984/