U.S. inflation · 1988–1990
$100 in 1988 has the same buying power as
$110
in 1990
| Cumulative price change | 10.5% |
|---|---|
| Average inflation rate | 5.11% per year |
| Converted amount ($100 base) | $110 |
| Price difference ($100 base) | $10.48 |
| CPI in 1988 | 118.3 |
| CPI in 1990 | 130.7 |
| Inflation in 1988 | 4.14% |
| Inflation in 1990 | 5.40% |
| $100 in 1988 → 1990 | $110 |
| $100 in 1990 → 1988 | $90.51 |
Between 1988 and 1990, the Consumer Price Index went from 118.3 to 130.7. Cumulatively, prices increased 10.5%, which works out to an average of 5.11% per year. Put differently, a dollar in 1988 bought what $0.91 buys in 1990.
| Amount in 1988 | Value in 1990 |
|---|---|
| $1.00 | $1.10 |
| $5.00 | $5.52 |
| $10.00 | $11.05 |
| $20.00 | $22.10 |
| $50.00 | $55.24 |
| $100 | $110 |
| $500 | $552 |
| $1,000 | $1,105 |
| $5,000 | $5,524 |
| $10,000 | $11,048 |
| $100,000 | $110,482 |
| $1,000,000 | $1,104,818 |
The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 1988 spending costs in 1990, by category:
| Category | Avg. yearly inflation | $100 in 1988 → |
|---|---|---|
| All items (CPI-U) | 5.11% | $110 |
| Medical care | 8.38% | $117 |
| Energy | 6.93% | $114 |
| Food | 5.84% | $112 |
| Transportation | 5.29% | $111 |
| Core (all items less food & energy) | 4.79% | $110 |
| Housing | 4.13% | $108 |
| Apparel | 3.70% | $108 |
Not shown because the BLS began these indexes after 1988: recreation (1993–), education & communication (1993–).
| Year | CPI | Inflation rate | $100 from 1988 |
|---|---|---|---|
| 1988 | 118.3 | 4.1% | $100 |
| 1989 | 124 | 4.8% | $105 |
| 1990 | 130.7 | 5.4% | $110 |
In 1990, the median U.S. household earned about $29,900, gas averaged $1.15 a gallon, and mailing a letter cost a quarter. Inflation ran hot at 5.4% for the year, its highest rate since 1982, pushed up by an oil shock after Iraq’s invasion of Kuwait, and the economy tipped into recession that summer. It was the last gasp of elevated inflation before the long calm of the 1990s.
MLA: “Inflation from 1988 to 1990: $100 is worth $110 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1988-to-1990/
APA: InflationCalculator.com. Inflation from 1988 to 1990. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1988-to-1990/
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.