Between 1977 and 1984, the Consumer Price Index went from 60.6 to 103.9.
Cumulatively, prices increased 71.5%, which works out to an average of
8.01% per year. Put differently, a dollar in 1977 bought what
$0.58 buys in 1984.
Common amounts: 1977 dollars in 1984
Amount in 1977
Value in 1984
$1.00
$1.71
$5.00
$8.57
$10.00
$17.15
$20.00
$34.29
$50.00
$85.73
$100
$171
$500
$857
$1,000
$1,715
$5,000
$8,573
$10,000
$17,145
$100,000
$171,452
$1,000,000
$1,714,521
Inflation by spending category, 1977–1984
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1977 spending costs in 1984, by category:
Category
Avg. yearly inflation
$100 in 1977 →
All items (CPI-U)
8.01%
$171
Energy
10.74%
$204
Medical care
9.38%
$187
Housing
8.80%
$180
Transportation
8.39%
$176
Core (all items less food & energy)
8.01%
$171
Food
6.71%
$158
Apparel
3.81%
$130
Not shown because the BLS began these indexes after 1977: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1977 to 1984: $100 is worth $171 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1977-to-1984/
APA: InflationCalculator.com. Inflation from 1977 to 1984. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1977-to-1984/