Between 1984 and 2003, the Consumer Price Index went from 103.9 to 184.
Cumulatively, prices increased 77.1%, which works out to an average of
3.05% per year. Put differently, a dollar in 1984 bought what
$0.56 buys in 2003.
Common amounts: 1984 dollars in 2003
Amount in 1984
Value in 2003
$1.00
$1.77
$5.00
$8.85
$10.00
$17.71
$20.00
$35.42
$50.00
$88.55
$100
$177
$500
$885
$1,000
$1,771
$5,000
$8,855
$10,000
$17,709
$100,000
$177,093
$1,000,000
$1,770,934
Inflation by spending category, 1984–2003
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1984 spending costs in 2003, by category:
Category
Avg. yearly inflation
$100 in 1984 →
All items (CPI-U)
3.05%
$177
Medical care
5.53%
$278
Core (all items less food & energy)
3.28%
$185
Housing
3.09%
$178
Food
2.97%
$174
Transportation
2.23%
$152
Energy
1.60%
$135
Apparel
0.89%
$118
Not shown because the BLS began these indexes after 1984: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1984 to 2003: $100 is worth $177 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1984-to-2003/
APA: InflationCalculator.com. Inflation from 1984 to 2003. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1984-to-2003/