Between 1984 and 2004, the Consumer Price Index went from 103.9 to 188.9.
Cumulatively, prices increased 81.8%, which works out to an average of
3.03% per year. Put differently, a dollar in 1984 bought what
$0.55 buys in 2004.
Common amounts: 1984 dollars in 2004
Amount in 1984
Value in 2004
$1.00
$1.82
$5.00
$9.09
$10.00
$18.18
$20.00
$36.36
$50.00
$90.90
$100
$182
$500
$909
$1,000
$1,818
$5,000
$9,090
$10,000
$18,181
$100,000
$181,809
$1,000,000
$1,818,094
Inflation by spending category, 1984–2004
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1984 spending costs in 2004, by category:
Category
Avg. yearly inflation
$100 in 1984 →
All items (CPI-U)
3.03%
$182
Medical care
5.47%
$290
Core (all items less food & energy)
3.21%
$188
Housing
3.07%
$183
Food
2.99%
$180
Transportation
2.29%
$157
Energy
2.05%
$150
Apparel
0.83%
$118
Not shown because the BLS began these indexes after 1984: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1984 to 2004: $100 is worth $182 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1984-to-2004/
APA: InflationCalculator.com. Inflation from 1984 to 2004. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1984-to-2004/