Between 1988 and 2005, the Consumer Price Index went from 118.3 to 195.3.
Cumulatively, prices increased 65.1%, which works out to an average of
2.99% per year. Put differently, a dollar in 1988 bought what
$0.61 buys in 2005.
Common amounts: 1988 dollars in 2005
Amount in 1988
Value in 2005
$1.00
$1.65
$5.00
$8.25
$10.00
$16.51
$20.00
$33.02
$50.00
$82.54
$100
$165
$500
$825
$1,000
$1,651
$5,000
$8,254
$10,000
$16,509
$100,000
$165,089
$1,000,000
$1,650,888
Inflation by spending category, 1988–2005
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1988 spending costs in 2005, by category:
Category
Avg. yearly inflation
$100 in 1988 →
All items (CPI-U)
2.99%
$165
Medical care
5.11%
$233
Energy
4.11%
$198
Housing
2.99%
$165
Core (all items less food & energy)
2.91%
$163
Food
2.85%
$161
Transportation
2.80%
$160
Apparel
0.21%
$104
Not shown because the BLS began these indexes after 1988: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1988 to 2005: $100 is worth $165 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1988-to-2005/
APA: InflationCalculator.com. Inflation from 1988 to 2005. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1988-to-2005/