Between 1984 and 1996, the Consumer Price Index went from 103.9 to 156.9.
Cumulatively, prices increased 51.0%, which works out to an average of
3.49% per year. Put differently, a dollar in 1984 bought what
$0.66 buys in 1996.
Common amounts: 1984 dollars in 1996
Amount in 1984
Value in 1996
$1.00
$1.51
$5.00
$7.55
$10.00
$15.10
$20.00
$30.20
$50.00
$75.51
$100
$151
$500
$755
$1,000
$1,510
$5,000
$7,551
$10,000
$15,101
$100,000
$151,011
$1,000,000
$1,510,106
Inflation by spending category, 1984–1996
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1984 spending costs in 1996, by category:
Category
Avg. yearly inflation
$100 in 1984 →
All items (CPI-U)
3.49%
$151
Medical care
6.53%
$214
Core (all items less food & energy)
3.90%
$158
Food
3.35%
$149
Housing
3.29%
$147
Transportation
2.71%
$138
Apparel
2.14%
$129
Energy
0.73%
$109
Not shown because the BLS began these indexes after 1984: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1984 to 1996: $100 is worth $151 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1984-to-1996/
APA: InflationCalculator.com. Inflation from 1984 to 1996. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1984-to-1996/