Between 1983 and 2008, the Consumer Price Index went from 99.6 to 215.303.
Cumulatively, prices increased 116.2%, which works out to an average of
3.13% per year. Put differently, a dollar in 1983 bought what
$0.46 buys in 2008.
Common amounts: 1983 dollars in 2008
Amount in 1983
Value in 2008
$1.00
$2.16
$5.00
$10.81
$10.00
$21.62
$20.00
$43.23
$50.00
$108
$100
$216
$500
$1,081
$1,000
$2,162
$5,000
$10,808
$10,000
$21,617
$100,000
$216,168
$1,000,000
$2,161,677
Inflation by spending category, 1983–2008
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1983 spending costs in 2008, by category:
Category
Avg. yearly inflation
$100 in 1983 →
All items (CPI-U)
3.13%
$216
Medical care
5.28%
$362
Energy
3.51%
$237
Housing
3.15%
$217
Core (all items less food & energy)
3.14%
$216
Food
3.12%
$215
Transportation
2.75%
$197
Apparel
0.69%
$119
Not shown because the BLS began these indexes after 1983: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1983 to 2008: $100 is worth $216 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1983-to-2008/
APA: InflationCalculator.com. Inflation from 1983 to 2008. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1983-to-2008/