U.S. inflation · 1980–1998

Value of $100 in 1980, adjusted to 1998

$100 in 1980 has the same buying power as

$198

in 1998

$100$149$19819801985198919941998$100 · 1980$198 · 1998
Detailed inflation statistics
Cumulative price change97.8%
Average inflation rate3.86% per year
Converted amount ($100 base)$198
Price difference ($100 base)$97.82
CPI in 198082.4
CPI in 1998163
Inflation in 198013.50%
Inflation in 19981.56%
$100 in 19801998$198
$100 in 19981980$50.55

What happened to prices between 1980 and 1998

Between 1980 and 1998, the Consumer Price Index went from 82.4 to 163. Cumulatively, prices increased 97.8%, which works out to an average of 3.86% per year. Put differently, a dollar in 1980 bought what $0.51 buys in 1998.

1980 sat at the very peak of the Great Inflation. Prices rose 13.5% in that single year, mortgage rates were climbing toward 16%, and the Federal Reserve under Paul Volcker was administering the painful interest-rate medicine that would finally break the inflationary spiral, at the cost of the deep 1981–82 recession. No single year looms larger in how Americans think about inflation.

More about inflation in 1980 →

Common amounts: 1980 dollars in 1998

Amount in 1980Value in 1998
$1.00$1.98
$5.00$9.89
$10.00$19.78
$20.00$39.56
$50.00$98.91
$100$198
$500$989
$1,000$1,978
$5,000$9,891
$10,000$19,782
$100,000$197,816
$1,000,000$1,978,155

Inflation by spending category, 1980–1998

The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 1980 spending costs in 1998, by category:

Category Avg. yearly inflation $100 in 1980 →
All items (CPI-U) 3.86% $198
Medical care 6.73% $323
Core (all items less food & energy) 4.33% $215
Housing 3.86% $198
Food 3.48% $185
Transportation 3.01% $170
Apparel 2.14% $146
Energy 1.00% $120

Not shown because the BLS began these indexes after 1980: recreation (1993–), education & communication (1993–).

Year by year: CPI and the value of $100 from 1980

Year CPI Inflation rate $100 from 1980
1980 82.4 13.5% $100
1981 90.9 10.3% $110
1982 96.5 6.2% $117
1983 99.6 3.2% $121
1984 103.9 4.3% $126
1985 107.6 3.6% $131
1986 109.6 1.9% $133
1987 113.6 3.6% $138
1988 118.3 4.1% $144
1989 124 4.8% $150
1990 130.7 5.4% $159
1991 136.2 4.2% $165
1992 140.3 3.0% $170
1993 144.5 3.0% $175
1994 148.2 2.6% $180
1995 152.4 2.8% $185
1996 156.9 3.0% $190
1997 160.5 2.3% $195
1998 163 1.6% $198

Cite this page

MLA: “Inflation from 1980 to 1998: $100 is worth $198 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1980-to-1998/

APA: InflationCalculator.com. Inflation from 1980 to 1998. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1980-to-1998/

Source: U.S. Bureau of Labor Statistics, CPI-U annual averages (series CUUR0000SA0; category indexes listed on the data sources page). See how these numbers are calculated.