Between 1983 and 2003, the Consumer Price Index went from 99.6 to 184.
Cumulatively, prices increased 84.7%, which works out to an average of
3.12% per year. Put differently, a dollar in 1983 bought what
$0.54 buys in 2003.
Common amounts: 1983 dollars in 2003
Amount in 1983
Value in 2003
$1.00
$1.85
$5.00
$9.24
$10.00
$18.47
$20.00
$36.95
$50.00
$92.37
$100
$185
$500
$924
$1,000
$1,847
$5,000
$9,237
$10,000
$18,474
$100,000
$184,739
$1,000,000
$1,847,390
Inflation by spending category, 1983–2003
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1983 spending costs in 2003, by category:
Category
Avg. yearly inflation
$100 in 1983 →
All items (CPI-U)
3.12%
$185
Medical care
5.56%
$295
Core (all items less food & energy)
3.37%
$194
Housing
3.14%
$186
Food
3.01%
$181
Transportation
2.34%
$159
Energy
1.57%
$137
Apparel
0.94%
$121
Not shown because the BLS began these indexes after 1983: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1983 to 2003: $100 is worth $185 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1983-to-2003/
APA: InflationCalculator.com. Inflation from 1983 to 2003. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1983-to-2003/