Between 1978 and 1989, the Consumer Price Index went from 65.2 to 124.
Cumulatively, prices increased 90.2%, which works out to an average of
6.02% per year. Put differently, a dollar in 1978 bought what
$0.53 buys in 1989.
Common amounts: 1978 dollars in 1989
Amount in 1978
Value in 1989
$1.00
$1.90
$5.00
$9.51
$10.00
$19.02
$20.00
$38.04
$50.00
$95.09
$100
$190
$500
$951
$1,000
$1,902
$5,000
$9,509
$10,000
$19,018
$100,000
$190,184
$1,000,000
$1,901,840
Inflation by spending category, 1978–1989
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1978 spending costs in 1989, by category:
Category
Avg. yearly inflation
$100 in 1978 →
All items (CPI-U)
6.02%
$190
Medical care
8.35%
$242
Housing
6.36%
$197
Core (all items less food & energy)
6.36%
$197
Transportation
5.75%
$185
Energy
5.47%
$180
Food
5.15%
$174
Apparel
3.48%
$146
Not shown because the BLS began these indexes after 1978: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1978 to 1989: $100 is worth $190 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1978-to-1989/
APA: InflationCalculator.com. Inflation from 1978 to 1989. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1978-to-1989/