Between 1984 and 1994, the Consumer Price Index went from 103.9 to 148.2.
Cumulatively, prices increased 42.6%, which works out to an average of
3.62% per year. Put differently, a dollar in 1984 bought what
$0.70 buys in 1994.
Common amounts: 1984 dollars in 1994
Amount in 1984
Value in 1994
$1.00
$1.43
$5.00
$7.13
$10.00
$14.26
$20.00
$28.53
$50.00
$71.32
$100
$143
$500
$713
$1,000
$1,426
$5,000
$7,132
$10,000
$14,264
$100,000
$142,637
$1,000,000
$1,426,372
Inflation by spending category, 1984–1994
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1984 spending costs in 1994, by category:
Category
Avg. yearly inflation
$100 in 1984 →
All items (CPI-U)
3.62%
$143
Medical care
7.05%
$198
Core (all items less food & energy)
4.11%
$150
Food
3.41%
$140
Housing
3.40%
$140
Apparel
2.71%
$131
Transportation
2.62%
$130
Energy
0.36%
$104
Not shown because the BLS began these indexes after 1984: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1984 to 1994: $100 is worth $143 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1984-to-1994/
APA: InflationCalculator.com. Inflation from 1984 to 1994. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1984-to-1994/