Between 1982 and 1988, the Consumer Price Index went from 96.5 to 118.3.
Cumulatively, prices increased 22.6%, which works out to an average of
3.45% per year. Put differently, a dollar in 1982 bought what
$0.82 buys in 1988.
Common amounts: 1982 dollars in 1988
Amount in 1982
Value in 1988
$1.00
$1.23
$5.00
$6.13
$10.00
$12.26
$20.00
$24.52
$50.00
$61.30
$100
$123
$500
$613
$1,000
$1,226
$5,000
$6,130
$10,000
$12,259
$100,000
$122,591
$1,000,000
$1,225,907
Inflation by spending category, 1982–1988
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1982 spending costs in 1988, by category:
Category
Avg. yearly inflation
$100 in 1982 →
All items (CPI-U)
3.45%
$123
Medical care
6.97%
$150
Core (all items less food & energy)
4.31%
$129
Housing
3.41%
$122
Food
3.28%
$121
Apparel
2.80%
$118
Transportation
1.92%
$112
Energy
-1.74%
$90.02
Not shown because the BLS began these indexes after 1982: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1982 to 1988: $100 is worth $123 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1982-to-1988/
APA: InflationCalculator.com. Inflation from 1982 to 1988. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1982-to-1988/