Between 1983 and 2024, the Consumer Price Index went from 99.6 to 313.689.
Cumulatively, prices increased 214.9%, which works out to an average of
2.84% per year. Put differently, a dollar in 1983 bought what
$0.32 buys in 2024.
Common amounts: 1983 dollars in 2024
Amount in 1983
Value in 2024
$1.00
$3.15
$5.00
$15.75
$10.00
$31.49
$20.00
$62.99
$50.00
$157
$100
$315
$500
$1,575
$1,000
$3,149
$5,000
$15,747
$10,000
$31,495
$100,000
$314,949
$1,000,000
$3,149,488
Inflation by spending category, 1983–2024
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1983 spending costs in 2024, by category:
Category
Avg. yearly inflation
$100 in 1983 →
All items (CPI-U)
2.84%
$315
Medical care
4.29%
$560
Housing
3.00%
$336
Food
2.97%
$332
Core (all items less food & energy)
2.88%
$320
Energy
2.54%
$280
Transportation
2.48%
$273
Apparel
0.66%
$131
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 2024: $100 is worth $315 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1983-to-2024/
APA: InflationCalculator.com. Inflation from 1983 to 2024. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1983-to-2024/