Between 1988 and 2010, the Consumer Price Index went from 118.3 to 218.056.
Cumulatively, prices increased 84.3%, which works out to an average of
2.82% per year. Put differently, a dollar in 1988 bought what
$0.54 buys in 2010.
Common amounts: 1988 dollars in 2010
Amount in 1988
Value in 2010
$1.00
$1.84
$5.00
$9.22
$10.00
$18.43
$20.00
$36.86
$50.00
$92.16
$100
$184
$500
$922
$1,000
$1,843
$5,000
$9,216
$10,000
$18,432
$100,000
$184,325
$1,000,000
$1,843,246
Inflation by spending category, 1988–2010
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1988 spending costs in 2010, by category:
Category
Avg. yearly inflation
$100 in 1988 →
All items (CPI-U)
2.82%
$184
Medical care
4.80%
$280
Energy
4.00%
$237
Food
2.86%
$186
Housing
2.77%
$182
Core (all items less food & energy)
2.69%
$179
Transportation
2.65%
$178
Apparel
0.16%
$104
Not shown because the BLS began these indexes after 1988: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1988 to 2010: $100 is worth $184 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1988-to-2010/
APA: InflationCalculator.com. Inflation from 1988 to 2010. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1988-to-2010/