U.S. inflation · 1977–1988
$100 in 1977 has the same buying power as
$195
in 1988
| Cumulative price change | 95.2% |
|---|---|
| Average inflation rate | 6.27% per year |
| Converted amount ($100 base) | $195 |
| Price difference ($100 base) | $95.21 |
| CPI in 1977 | 60.6 |
| CPI in 1988 | 118.3 |
| Inflation in 1977 | 6.50% |
| Inflation in 1988 | 4.14% |
| $100 in 1977 → 1988 | $195 |
| $100 in 1988 → 1977 | $51.23 |
Between 1977 and 1988, the Consumer Price Index went from 60.6 to 118.3. Cumulatively, prices increased 95.2%, which works out to an average of 6.27% per year. Put differently, a dollar in 1977 bought what $0.51 buys in 1988.
| Amount in 1977 | Value in 1988 |
|---|---|
| $1.00 | $1.95 |
| $5.00 | $9.76 |
| $10.00 | $19.52 |
| $20.00 | $39.04 |
| $50.00 | $97.61 |
| $100 | $195 |
| $500 | $976 |
| $1,000 | $1,952 |
| $5,000 | $9,761 |
| $10,000 | $19,521 |
| $100,000 | $195,215 |
| $1,000,000 | $1,952,145 |
The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 1977 spending costs in 1988, by category:
| Category | Avg. yearly inflation | $100 in 1977 → |
|---|---|---|
| All items (CPI-U) | 6.27% | $195 |
| Medical care | 8.41% | $243 |
| Housing | 6.81% | $206 |
| Core (all items less food & energy) | 6.61% | $202 |
| Transportation | 5.71% | $184 |
| Energy | 5.53% | $181 |
| Food | 5.51% | $180 |
| Apparel | 3.55% | $147 |
Not shown because the BLS began these indexes after 1977: recreation (1993–), education & communication (1993–).
| Year | CPI | Inflation rate | $100 from 1977 |
|---|---|---|---|
| 1977 | 60.6 | 6.5% | $100 |
| 1978 | 65.2 | 7.6% | $108 |
| 1979 | 72.6 | 11.3% | $120 |
| 1980 | 82.4 | 13.5% | $136 |
| 1981 | 90.9 | 10.3% | $150 |
| 1982 | 96.5 | 6.2% | $159 |
| 1983 | 99.6 | 3.2% | $164 |
| 1984 | 103.9 | 4.3% | $171 |
| 1985 | 107.6 | 3.6% | $178 |
| 1986 | 109.6 | 1.9% | $181 |
| 1987 | 113.6 | 3.6% | $187 |
| 1988 | 118.3 | 4.1% | $195 |
MLA: “Inflation from 1977 to 1988: $100 is worth $195 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1977-to-1988/
APA: InflationCalculator.com. Inflation from 1977 to 1988. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1977-to-1988/
Source: U.S. Bureau of Labor Statistics, CPI-U annual averages (series CUUR0000SA0; category indexes listed on the data sources page). See how these numbers are calculated.