Between 1976 and 1989, the Consumer Price Index went from 56.9 to 124.
Cumulatively, prices increased 117.9%, which works out to an average of
6.18% per year. Put differently, a dollar in 1976 bought what
$0.46 buys in 1989.
Common amounts: 1976 dollars in 1989
Amount in 1976
Value in 1989
$1.00
$2.18
$5.00
$10.90
$10.00
$21.79
$20.00
$43.59
$50.00
$109
$100
$218
$500
$1,090
$1,000
$2,179
$5,000
$10,896
$10,000
$21,793
$100,000
$217,926
$1,000,000
$2,179,262
Inflation by spending category, 1976–1989
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1976 spending costs in 1989, by category:
Category
Avg. yearly inflation
$100 in 1976 →
All items (CPI-U)
6.18%
$218
Medical care
8.45%
$287
Housing
6.57%
$229
Core (all items less food & energy)
6.43%
$225
Energy
5.84%
$209
Transportation
5.76%
$207
Food
5.60%
$203
Apparel
3.57%
$158
Not shown because the BLS began these indexes after 1976: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1976 to 1989: $100 is worth $218 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1976-to-1989/
APA: InflationCalculator.com. Inflation from 1976 to 1989. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1976-to-1989/