Between 1983 and 2016, the Consumer Price Index went from 99.6 to 240.007.
Cumulatively, prices increased 141.0%, which works out to an average of
2.70% per year. Put differently, a dollar in 1983 bought what
$0.41 buys in 2016.
Common amounts: 1983 dollars in 2016
Amount in 1983
Value in 2016
$1.00
$2.41
$5.00
$12.05
$10.00
$24.10
$20.00
$48.19
$50.00
$120
$100
$241
$500
$1,205
$1,000
$2,410
$5,000
$12,049
$10,000
$24,097
$100,000
$240,971
$1,000,000
$2,409,709
Inflation by spending category, 1983–2016
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1983 spending costs in 2016, by category:
Category
Avg. yearly inflation
$100 in 1983 →
All items (CPI-U)
2.70%
$241
Medical care
4.74%
$461
Food
2.81%
$249
Core (all items less food & energy)
2.80%
$249
Housing
2.76%
$245
Transportation
2.06%
$196
Energy
1.96%
$190
Apparel
0.70%
$126
Not shown because the BLS began these indexes after 1983: recreation (1993–), education & communication (1993–).
Long periods are sampled every 2 years; the calculator above covers any pair of years.
Cite this page
MLA: “Inflation from 1983 to 2016: $100 is worth $241 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1983-to-2016/
APA: InflationCalculator.com. Inflation from 1983 to 2016. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1983-to-2016/