Between 1976 and 1990, the Consumer Price Index went from 56.9 to 130.7.
Cumulatively, prices increased 129.7%, which works out to an average of
6.12% per year. Put differently, a dollar in 1976 bought what
$0.44 buys in 1990.
Common amounts: 1976 dollars in 1990
Amount in 1976
Value in 1990
$1.00
$2.30
$5.00
$11.49
$10.00
$22.97
$20.00
$45.94
$50.00
$115
$100
$230
$500
$1,149
$1,000
$2,297
$5,000
$11,485
$10,000
$22,970
$100,000
$229,701
$1,000,000
$2,297,012
Inflation by spending category, 1976–1990
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1976 spending costs in 1990, by category:
Category
Avg. yearly inflation
$100 in 1976 →
All items (CPI-U)
6.12%
$230
Medical care
8.49%
$313
Housing
6.42%
$239
Core (all items less food & energy)
6.33%
$236
Energy
6.01%
$226
Transportation
5.75%
$219
Food
5.62%
$215
Apparel
3.64%
$165
Not shown because the BLS began these indexes after 1976: 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 1976 to 1990: $100 is worth $230 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1976-to-1990/
APA: InflationCalculator.com. Inflation from 1976 to 1990. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1976-to-1990/