Between 1978 and 1982, the Consumer Price Index went from 65.2 to 96.5.
Cumulatively, prices increased 48.0%, which works out to an average of
10.30% per year. Put differently, a dollar in 1978 bought what
$0.68 buys in 1982.
Common amounts: 1978 dollars in 1982
Amount in 1978
Value in 1982
$1.00
$1.48
$5.00
$7.40
$10.00
$14.80
$20.00
$29.60
$50.00
$74.00
$100
$148
$500
$740
$1,000
$1,480
$5,000
$7,400
$10,000
$14,801
$100,000
$148,006
$1,000,000
$1,480,061
Inflation by spending category, 1978–1982
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1978 spending costs in 1982, by category:
Category
Avg. yearly inflation
$100 in 1978 →
All items (CPI-U)
10.30%
$148
Energy
17.24%
$189
Transportation
11.98%
$157
Housing
11.63%
$155
Medical care
10.61%
$150
Core (all items less food & energy)
9.97%
$146
Food
7.85%
$135
Apparel
4.70%
$120
Not shown because the BLS began these indexes after 1978: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1978 to 1982: $100 is worth $148 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1978-to-1982/
APA: InflationCalculator.com. Inflation from 1978 to 1982. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1978-to-1982/