Between 1984 and 2002, the Consumer Price Index went from 103.9 to 179.9.
Cumulatively, prices increased 73.1%, which works out to an average of
3.10% per year. Put differently, a dollar in 1984 bought what
$0.58 buys in 2002.
Common amounts: 1984 dollars in 2002
Amount in 1984
Value in 2002
$1.00
$1.73
$5.00
$8.66
$10.00
$17.31
$20.00
$34.63
$50.00
$86.57
$100
$173
$500
$866
$1,000
$1,731
$5,000
$8,657
$10,000
$17,315
$100,000
$173,147
$1,000,000
$1,731,473
Inflation by spending category, 1984–2002
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1984 spending costs in 2002, by category:
Category
Avg. yearly inflation
$100 in 1984 →
All items (CPI-U)
3.10%
$173
Medical care
5.62%
$267
Core (all items less food & energy)
3.39%
$182
Housing
3.13%
$174
Food
3.02%
$171
Transportation
2.18%
$147
Apparel
1.09%
$121
Energy
1.05%
$121
Not shown because the BLS began these indexes after 1984: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1984 to 2002: $100 is worth $173 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1984-to-2002/
APA: InflationCalculator.com. Inflation from 1984 to 2002. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1984-to-2002/