Between 1978 and 1990, the Consumer Price Index went from 65.2 to 130.7.
Cumulatively, prices increased 100.5%, which works out to an average of
5.97% per year. Put differently, a dollar in 1978 bought what
$0.50 buys in 1990.
Common amounts: 1978 dollars in 1990
Amount in 1978
Value in 1990
$1.00
$2.00
$5.00
$10.02
$10.00
$20.05
$20.00
$40.09
$50.00
$100
$100
$200
$500
$1,002
$1,000
$2,005
$5,000
$10,023
$10,000
$20,046
$100,000
$200,460
$1,000,000
$2,004,601
Inflation by spending category, 1978–1990
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1978 spending costs in 1990, by category:
Category
Avg. yearly inflation
$100 in 1978 →
All items (CPI-U)
5.97%
$200
Medical care
8.41%
$263
Core (all items less food & energy)
6.24%
$207
Housing
6.20%
$206
Transportation
5.74%
$195
Energy
5.70%
$194
Food
5.21%
$184
Apparel
3.58%
$152
Not shown because the BLS began these indexes after 1978: recreation (1993–), education & communication (1993–).
In 1990, the median U.S. household earned about $29,900, gas averaged $1.15 a
gallon, and mailing a letter cost a quarter. Inflation ran hot at 5.4% for the
year, its highest rate since 1982, pushed up by an oil shock after Iraq’s
invasion of Kuwait, and the economy tipped into recession that summer. It was
the last gasp of elevated inflation before the long calm of the 1990s.
MLA: “Inflation from 1978 to 1990: $100 is worth $200 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1978-to-1990/
APA: InflationCalculator.com. Inflation from 1978 to 1990. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1978-to-1990/