Between 1984 and 2008, the Consumer Price Index went from 103.9 to 215.303.
Cumulatively, prices increased 107.2%, which works out to an average of
3.08% per year. Put differently, a dollar in 1984 bought what
$0.48 buys in 2008.
Common amounts: 1984 dollars in 2008
Amount in 1984
Value in 2008
$1.00
$2.07
$5.00
$10.36
$10.00
$20.72
$20.00
$41.44
$50.00
$104
$100
$207
$500
$1,036
$1,000
$2,072
$5,000
$10,361
$10,000
$20,722
$100,000
$207,221
$1,000,000
$2,072,214
Inflation by spending category, 1984–2008
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1984 spending costs in 2008, by category:
Category
Avg. yearly inflation
$100 in 1984 →
All items (CPI-U)
3.08%
$207
Medical care
5.24%
$341
Energy
3.62%
$235
Housing
3.11%
$209
Food
3.09%
$207
Core (all items less food & energy)
3.06%
$206
Transportation
2.68%
$189
Apparel
0.64%
$116
Not shown because the BLS began these indexes after 1984: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1984 to 2008: $100 is worth $207 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1984-to-2008/
APA: InflationCalculator.com. Inflation from 1984 to 2008. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1984-to-2008/