Between 1979 and 2002, the Consumer Price Index went from 72.6 to 179.9.
Cumulatively, prices increased 147.8%, which works out to an average of
4.02% per year. Put differently, a dollar in 1979 bought what
$0.40 buys in 2002.
Common amounts: 1979 dollars in 2002
Amount in 1979
Value in 2002
$1.00
$2.48
$5.00
$12.39
$10.00
$24.78
$20.00
$49.56
$50.00
$124
$100
$248
$500
$1,239
$1,000
$2,478
$5,000
$12,390
$10,000
$24,780
$100,000
$247,796
$1,000,000
$2,477,961
Inflation by spending category, 1979–2002
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1979 spending costs in 2002, by category:
Category
Avg. yearly inflation
$100 in 1979 →
All items (CPI-U)
4.02%
$248
Medical care
6.47%
$423
Core (all items less food & energy)
4.33%
$265
Housing
4.19%
$257
Food
3.50%
$221
Transportation
3.42%
$217
Energy
2.72%
$185
Apparel
1.66%
$146
Not shown because the BLS began these indexes after 1979: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1979 to 2002: $100 is worth $248 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1979-to-2002/
APA: InflationCalculator.com. Inflation from 1979 to 2002. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1979-to-2002/