U.S. inflation · 1988–1989

Value of $100 in 1988, adjusted to 1989

$100 in 1988 has the same buying power as

$105

in 1989

$100$102$10519881989$100 · 1988$105 · 1989
Detailed inflation statistics
Cumulative price change4.8%
Average inflation rate4.82% per year
Converted amount ($100 base)$105
Price difference ($100 base)$4.82
CPI in 1988118.3
CPI in 1989124
Inflation in 19884.14%
Inflation in 19894.82%
$100 in 19881989$105
$100 in 19891988$95.40

What happened to prices between 1988 and 1989

Between 1988 and 1989, the Consumer Price Index went from 118.3 to 124. Cumulatively, prices increased 4.8%, which works out to an average of 4.82% per year. Put differently, a dollar in 1988 bought what $0.95 buys in 1989.

Common amounts: 1988 dollars in 1989

Amount in 1988Value in 1989
$1.00$1.05
$5.00$5.24
$10.00$10.48
$20.00$20.96
$50.00$52.41
$100$105
$500$524
$1,000$1,048
$5,000$5,241
$10,000$10,482
$100,000$104,818
$1,000,000$1,048,183

Inflation by spending category, 1988–1989

The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 1988 spending costs in 1989, by category:

Category Avg. yearly inflation $100 in 1988 →
All items (CPI-U) 4.82% $105
Medical care 7.72% $108
Food 5.84% $106
Energy 5.60% $106
Transportation 4.97% $105
Core (all items less food & energy) 4.54% $105
Housing 3.80% $104
Apparel 2.77% $103

Not shown because the BLS began these indexes after 1988: recreation (1993–), education & communication (1993–).

Year by year: CPI and the value of $100 from 1988

Year CPI Inflation rate $100 from 1988
1988 118.3 4.1% $100
1989 124 4.8% $105

Cite this page

MLA: “Inflation from 1988 to 1989: $100 is worth $105 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1988-to-1989/

APA: InflationCalculator.com. Inflation from 1988 to 1989. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1988-to-1989/

Source: U.S. Bureau of Labor Statistics, CPI-U annual averages (series CUUR0000SA0; category indexes listed on the data sources page). See how these numbers are calculated.