Between 1983 and 1998, the Consumer Price Index went from 99.6 to 163.
Cumulatively, prices increased 63.7%, which works out to an average of
3.34% per year. Put differently, a dollar in 1983 bought what
$0.61 buys in 1998.
Common amounts: 1983 dollars in 1998
Amount in 1983
Value in 1998
$1.00
$1.64
$5.00
$8.18
$10.00
$16.37
$20.00
$32.73
$50.00
$81.83
$100
$164
$500
$818
$1,000
$1,637
$5,000
$8,183
$10,000
$16,365
$100,000
$163,655
$1,000,000
$1,636,546
Inflation by spending category, 1983–1998
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1983 spending costs in 1998, by category:
Category
Avg. yearly inflation
$100 in 1983 →
All items (CPI-U)
3.34%
$164
Medical care
6.03%
$241
Core (all items less food & energy)
3.77%
$174
Food
3.25%
$162
Housing
3.23%
$161
Transportation
2.39%
$143
Apparel
1.91%
$133
Energy
0.20%
$103
Not shown because the BLS began these indexes after 1983: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1983 to 1998: $100 is worth $164 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1983-to-1998/
APA: InflationCalculator.com. Inflation from 1983 to 1998. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1983-to-1998/