Between 1983 and 1989, the Consumer Price Index went from 99.6 to 124.
Cumulatively, prices increased 24.5%, which works out to an average of
3.72% per year. Put differently, a dollar in 1983 bought what
$0.80 buys in 1989.
Common amounts: 1983 dollars in 1989
Amount in 1983
Value in 1989
$1.00
$1.24
$5.00
$6.22
$10.00
$12.45
$20.00
$24.90
$50.00
$62.25
$100
$124
$500
$622
$1,000
$1,245
$5,000
$6,225
$10,000
$12,450
$100,000
$124,498
$1,000,000
$1,244,980
Inflation by spending category, 1983–1989
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1983 spending costs in 1989, by category:
Category
Avg. yearly inflation
$100 in 1983 →
All items (CPI-U)
3.72%
$124
Medical care
6.80%
$148
Core (all items less food & energy)
4.41%
$130
Food
3.91%
$126
Housing
3.60%
$124
Apparel
2.85%
$118
Transportation
2.34%
$115
Energy
-0.96%
$94.39
Not shown because the BLS began these indexes after 1983: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1983 to 1989: $100 is worth $124 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1983-to-1989/
APA: InflationCalculator.com. Inflation from 1983 to 1989. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1983-to-1989/