Between 1984 and 1997, the Consumer Price Index went from 103.9 to 160.5.
Cumulatively, prices increased 54.5%, which works out to an average of
3.40% per year. Put differently, a dollar in 1984 bought what
$0.65 buys in 1997.
Common amounts: 1984 dollars in 1997
Amount in 1984
Value in 1997
$1.00
$1.54
$5.00
$7.72
$10.00
$15.45
$20.00
$30.90
$50.00
$77.24
$100
$154
$500
$772
$1,000
$1,545
$5,000
$7,724
$10,000
$15,448
$100,000
$154,475
$1,000,000
$1,544,755
Inflation by spending category, 1984–1997
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1984 spending costs in 1997, by category:
Category
Avg. yearly inflation
$100 in 1984 →
All items (CPI-U)
3.40%
$154
Medical care
6.24%
$220
Core (all items less food & energy)
3.78%
$162
Food
3.30%
$152
Housing
3.24%
$151
Transportation
2.57%
$139
Apparel
2.05%
$130
Energy
0.77%
$111
Not shown because the BLS began these indexes after 1984: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1984 to 1997: $100 is worth $154 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1984-to-1997/
APA: InflationCalculator.com. Inflation from 1984 to 1997. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1984-to-1997/