Between 1978 and 1984, the Consumer Price Index went from 65.2 to 103.9.
Cumulatively, prices increased 59.4%, which works out to an average of
8.08% per year. Put differently, a dollar in 1978 bought what
$0.63 buys in 1984.
Common amounts: 1978 dollars in 1984
Amount in 1978
Value in 1984
$1.00
$1.59
$5.00
$7.97
$10.00
$15.94
$20.00
$31.87
$50.00
$79.68
$100
$159
$500
$797
$1,000
$1,594
$5,000
$7,968
$10,000
$15,936
$100,000
$159,356
$1,000,000
$1,593,558
Inflation by spending category, 1978–1984
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1978 spending costs in 1984, by category:
Category
Avg. yearly inflation
$100 in 1978 →
All items (CPI-U)
8.08%
$159
Energy
11.50%
$192
Medical care
9.55%
$173
Transportation
9.04%
$168
Housing
8.82%
$166
Core (all items less food & energy)
8.11%
$160
Food
6.18%
$143
Apparel
3.85%
$125
Not shown because the BLS began these indexes after 1978: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1978 to 1984: $100 is worth $159 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1978-to-1984/
APA: InflationCalculator.com. Inflation from 1978 to 1984. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1978-to-1984/