U.S. inflation · 1977–2008
$100 in 1977 has the same buying power as
$355
in 2008
| Cumulative price change | 255.3% |
|---|---|
| Average inflation rate | 4.17% per year |
| Converted amount ($100 base) | $355 |
| Price difference ($100 base) | $255 |
| CPI in 1977 | 60.6 |
| CPI in 2008 | 215.303 |
| Inflation in 1977 | 6.50% |
| Inflation in 2008 | 3.84% |
| $100 in 1977 → 2008 | $355 |
| $100 in 2008 → 1977 | $28.15 |
Between 1977 and 2008, the Consumer Price Index went from 60.6 to 215.303. Cumulatively, prices increased 255.3%, which works out to an average of 4.17% per year. Put differently, a dollar in 1977 bought what $0.28 buys in 2008.
| Amount in 1977 | Value in 2008 |
|---|---|
| $1.00 | $3.55 |
| $5.00 | $17.76 |
| $10.00 | $35.53 |
| $20.00 | $71.06 |
| $50.00 | $178 |
| $100 | $355 |
| $500 | $1,776 |
| $1,000 | $3,553 |
| $5,000 | $17,764 |
| $10,000 | $35,529 |
| $100,000 | $355,285 |
| $1,000,000 | $3,552,855 |
The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 1977 spending costs in 2008, by category:
| Category | Avg. yearly inflation | $100 in 1977 → |
|---|---|---|
| All items (CPI-U) | 4.17% | $355 |
| Medical care | 6.16% | $639 |
| Energy | 5.18% | $479 |
| Housing | 4.37% | $377 |
| Core (all items less food & energy) | 4.16% | $353 |
| Transportation | 3.94% | $331 |
| Food | 3.89% | $327 |
| Apparel | 1.34% | $151 |
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 |
| 1979 | 72.6 | 11.3% | $120 |
| 1981 | 90.9 | 10.3% | $150 |
| 1983 | 99.6 | 3.2% | $164 |
| 1985 | 107.6 | 3.6% | $178 |
| 1987 | 113.6 | 3.6% | $187 |
| 1989 | 124 | 4.8% | $205 |
| 1991 | 136.2 | 4.2% | $225 |
| 1993 | 144.5 | 3.0% | $238 |
| 1995 | 152.4 | 2.8% | $251 |
| 1997 | 160.5 | 2.3% | $265 |
| 1999 | 166.6 | 2.2% | $275 |
| 2001 | 177.1 | 2.8% | $292 |
| 2003 | 184 | 2.3% | $304 |
| 2005 | 195.3 | 3.4% | $322 |
| 2007 | 207.342 | 2.8% | $342 |
| 2008 | 215.303 | 3.8% | $355 |
Long periods are sampled every 2 years; the calculator above covers any pair of years.
MLA: “Inflation from 1977 to 2008: $100 is worth $355 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1977-to-2008/
APA: InflationCalculator.com. Inflation from 1977 to 2008. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1977-to-2008/
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.