Between 1977 and 1983, the Consumer Price Index went from 60.6 to 99.6.
Cumulatively, prices increased 64.4%, which works out to an average of
8.63% per year. Put differently, a dollar in 1977 bought what
$0.61 buys in 1983.
Common amounts: 1977 dollars in 1983
Amount in 1977
Value in 1983
$1.00
$1.64
$5.00
$8.22
$10.00
$16.44
$20.00
$32.87
$50.00
$82.18
$100
$164
$500
$822
$1,000
$1,644
$5,000
$8,218
$10,000
$16,436
$100,000
$164,356
$1,000,000
$1,643,564
Inflation by spending category, 1977–1983
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1977 spending costs in 1983, by category:
Category
Avg. yearly inflation
$100 in 1977 →
All items (CPI-U)
8.63%
$164
Energy
12.45%
$202
Medical care
9.93%
$176
Housing
9.60%
$173
Transportation
9.06%
$168
Core (all items less food & energy)
8.51%
$163
Food
7.20%
$152
Apparel
4.13%
$127
Not shown because the BLS began these indexes after 1977: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1977 to 1983: $100 is worth $164 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1977-to-1983/
APA: InflationCalculator.com. Inflation from 1977 to 1983. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1977-to-1983/