U.S. inflation · 1988–2025

Value of $100 in 1988, adjusted to 2025

$100 in 1988 is worth $272 in 2025, because prices increased 172.1% over that period, an average of 2.74% a year.

$100 in 1988 has the same buying power as

$272

in 2025

$100$186$27219881997200720162025$100 · 1988$272 · 2025
Detailed inflation statistics
Cumulative price change172.1%
Average inflation rate2.74% per year
Converted amount ($100 base)$272
Price difference ($100 base)$172
CPI in 1988118.3
CPI in 2025321.943
Inflation in 19884.14%
Inflation in 20252.63%
$100 in 1988 → 2025$272
$100 in 2025 → 1988$36.75

What happened to prices between 1988 and 2025

Between 1988 and 2025, the Consumer Price Index went from 118.3 to 321.943. Cumulatively, prices increased 172.1%, which works out to an average of 2.74% per year. Put differently, a dollar in 1988 bought what $0.37 buys in 2025: the 1988 dollar lost 63.3% of its purchasing power over these 37 years.

By 1988, the economic expansion that began in the ashes of the 1981-82 recession was in its sixth year, and the Federal Reserve was watching for signs it had run too long. Inflation rose to 4.1%, up from 3.6% the year before, while unemployment fell to its lowest level since 1974. Alan Greenspan’s Fed responded by raising the federal funds rate through the year, from about 6.5% to 8.5%, trying to cool demand before prices accelerated the way they had in the 1970s. Households still felt the difference between this expansion and the last one: gas held near 90 cents a gallon, almost exactly its 1987 price, and median household income rose to roughly $27,200. The one price that moved was postage, which rose from 22 to 25 cents in April, the fourth increase of the decade but a far gentler pace than the string of increases in the late 1970s and early 1980s. In November, Vice President George H.W. Bush won the presidency on the strength of the expansion, promising in his nomination speech to hold the line on taxes. Both the boom and that pledge would run into trouble within two years, as the Fed’s rate increases helped tip the economy toward the 1990-91 recession.

More about inflation in 1988 →

Common amounts: 1988 dollars in 2025

Every 1988 amount converts to 2025 at the same ratio, 2.72: $1,000 becomes $2,721, and $10,000 becomes $27,214.

Amount in 1988Value in 2025
$1.00$2.72
$5.00$13.61
$10.00$27.21
$20.00$54.43
$50.00$136
$100$272
$500$1,361
$1,000$2,721
$5,000$13,607
$10,000$27,214
$100,000$272,141
$1,000,000$2,721,412

Inflation by spending category, 1988–2025

Between 1988 and 2025, medical care rose the most, up 318.5%, while apparel rose the least, up 13.8%, against 172.1% for all items. The headline number is an average; here is what $100 of 1988 spending costs in 2025, by category:

Category Avg. yearly inflation $100 in 1988 →
All items (CPI-U) 2.74% $272
Medical care 3.95% $419
Energy 3.13% $313
Housing 2.94% $293
Food 2.89% $287
Core (all items less food & energy) 2.68% $266
Transportation 2.51% $250
Apparel 0.35% $114

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

Decade by decade: 1988 to 2025

Prices climbed fastest in the 1980s, averaging 5.11% a year, and slowest in the 2010s (1.73% a year). Each step below chains into the full 1988–2025 change:

Years Avg. yearly inflation Price change $100 from 1988, at end
1988–1990 5.11% 10.5% $110
1990–2000 2.80% 31.8% $146
2000–2010 2.39% 26.6% $184
2010–2020 1.73% 18.7% $219
2020–2025 4.46% 24.4% $272

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

$100 from 1988 had already become $170 by 2006, on its way to $272 in 2025; each row shows the CPI, that year's inflation rate, and the running value. Within the span, inflation peaked at 8.0% in 2022, and prices fell 0.4% in 2009, the deepest deflation of the period.

Year CPI Inflation rate $100 from 1988
1988 118.3 4.1% $100
1990 130.7 5.4% $110
1992 140.3 3.0% $119
1994 148.2 2.6% $125
1996 156.9 3.0% $133
1998 163 1.6% $138
2000 172.2 3.4% $146
2002 179.9 1.6% $152
2004 188.9 2.7% $160
2006 201.6 3.2% $170
2008 215.303 3.8% $182
2010 218.056 1.6% $184
2012 229.594 2.1% $194
2014 236.736 1.6% $200
2016 240.007 1.3% $203
2018 251.107 2.4% $212
2020 258.811 1.2% $219
2022 292.655 8.0% $247
2024 313.689 2.9% $265
2025 321.943 2.6% $272

Long periods are sampled every 2 years; the calculator above covers any pair of years.

The destination year: 2025

In 2025, prices rose 2.6% and $100 from 1988 had the buying power of $272; the year's average CPI of 321.943 is the level behind every 2025 figure on this page.

2025 was a year of trade policy and data disruptions rather than an inflation surge. Consumer prices rose 2.6% on average, a step down from 2024’s 2.9% and well below the 8.0% of 2022. Tariffs announced in April pushed up prices for some imported goods, including furniture, apparel, and auto parts, but the effect on the overall index was smaller than many forecasters feared at the start of the year, in part because retailers absorbed some of the cost and demand for services stayed steady.

The Federal Reserve held its policy rate steady through the first half of the year, then began cutting again in September, lowering it in three quarter-point steps to 3.50–3.75% by December.

The federal government shutdown that began October 1 lasted 43 days, and the Bureau of Labor Statistics did not publish a CPI for October 2025 because the survey data could not be collected. The federal minimum wage stayed at $7.25, and a first-class stamp rose to 78 cents in July.

More about inflation in 2025 →

Cite this page

MLA: “Inflation from 1988 to 2025: $100 is worth $272 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1988-to-2025/

APA: InflationCalculator.com. Inflation from 1988 to 2025. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1988-to-2025/

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.