Between 1979 and 2008, the Consumer Price Index went from 72.6 to 215.303.
Cumulatively, prices increased 196.6%, which works out to an average of
3.82% per year. Put differently, a dollar in 1979 bought what
$0.34 buys in 2008.
Common amounts: 1979 dollars in 2008
Amount in 1979
Value in 2008
$1.00
$2.97
$5.00
$14.83
$10.00
$29.66
$20.00
$59.31
$50.00
$148
$100
$297
$500
$1,483
$1,000
$2,966
$5,000
$14,828
$10,000
$29,656
$100,000
$296,561
$1,000,000
$2,965,606
Inflation by spending category, 1979–2008
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1979 spending costs in 2008, by category:
Category
Avg. yearly inflation
$100 in 1979 →
All items (CPI-U)
3.82%
$297
Medical care
5.98%
$539
Energy
4.52%
$360
Housing
3.96%
$309
Core (all items less food & energy)
3.86%
$300
Transportation
3.58%
$277
Food
3.46%
$268
Apparel
1.17%
$140
Not shown because the BLS began these indexes after 1979: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1979 to 2008: $100 is worth $297 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1979-to-2008/
APA: InflationCalculator.com. Inflation from 1979 to 2008. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1979-to-2008/