Between 1984 and 1998, the Consumer Price Index went from 103.9 to 163.
Cumulatively, prices increased 56.9%, which works out to an average of
3.27% per year. Put differently, a dollar in 1984 bought what
$0.64 buys in 1998.
Common amounts: 1984 dollars in 1998
Amount in 1984
Value in 1998
$1.00
$1.57
$5.00
$7.84
$10.00
$15.69
$20.00
$31.38
$50.00
$78.44
$100
$157
$500
$784
$1,000
$1,569
$5,000
$7,844
$10,000
$15,688
$100,000
$156,882
$1,000,000
$1,568,816
Inflation by spending category, 1984–1998
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1984 spending costs in 1998, by category:
Category
Avg. yearly inflation
$100 in 1984 →
All items (CPI-U)
3.27%
$157
Medical care
6.02%
$227
Core (all items less food & energy)
3.68%
$166
Food
3.21%
$156
Housing
3.17%
$155
Transportation
2.25%
$137
Apparel
1.91%
$130
Energy
0.14%
$102
Not shown because the BLS began these indexes after 1984: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1984 to 1998: $100 is worth $157 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1984-to-1998/
APA: InflationCalculator.com. Inflation from 1984 to 1998. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1984-to-1998/