Between 1989 and 1990, the Consumer Price Index went from 124 to 130.7.
Cumulatively, prices increased 5.4%, which works out to an average of
5.40% per year. Put differently, a dollar in 1989 bought what
$0.95 buys in 1990.
Common amounts: 1989 dollars in 1990
Amount in 1989
Value in 1990
$1.00
$1.05
$5.00
$5.27
$10.00
$10.54
$20.00
$21.08
$50.00
$52.70
$100
$105
$500
$527
$1,000
$1,054
$5,000
$5,270
$10,000
$10,540
$100,000
$105,403
$1,000,000
$1,054,032
Inflation by spending category, 1989–1990
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1989 spending costs in 1990, by category:
Category
Avg. yearly inflation
$100 in 1989 →
All items (CPI-U)
5.40%
$105
Medical care
9.04%
$109
Energy
8.27%
$108
Food
5.84%
$106
Transportation
5.61%
$106
Core (all items less food & energy)
5.04%
$105
Apparel
4.64%
$105
Housing
4.47%
$104
Not shown because the BLS began these indexes after 1989: recreation (1993–), education & communication (1993–).
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 1989 to 1990: $100 is worth $105 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1989-to-1990/
APA: InflationCalculator.com. Inflation from 1989 to 1990. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1989-to-1990/