Between 1979 and 2004, the Consumer Price Index went from 72.6 to 188.9.
Cumulatively, prices increased 160.2%, which works out to an average of
3.90% per year. Put differently, a dollar in 1979 bought what
$0.38 buys in 2004.
Common amounts: 1979 dollars in 2004
Amount in 1979
Value in 2004
$1.00
$2.60
$5.00
$13.01
$10.00
$26.02
$20.00
$52.04
$50.00
$130
$100
$260
$500
$1,301
$1,000
$2,602
$5,000
$13,010
$10,000
$26,019
$100,000
$260,193
$1,000,000
$2,601,928
Inflation by spending category, 1979–2004
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1979 spending costs in 2004, by category:
Category
Avg. yearly inflation
$100 in 1979 →
All items (CPI-U)
3.90%
$260
Medical care
6.29%
$459
Core (all items less food & energy)
4.11%
$273
Housing
4.06%
$270
Food
3.44%
$233
Transportation
3.41%
$231
Energy
3.40%
$230
Apparel
1.41%
$142
Not shown because the BLS began these indexes after 1979: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1979 to 2004: $100 is worth $260 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1979-to-2004/
APA: InflationCalculator.com. Inflation from 1979 to 2004. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1979-to-2004/