Between 1989 and 1994, the Consumer Price Index went from 124 to 148.2.
Cumulatively, prices increased 19.5%, which works out to an average of
3.63% per year. Put differently, a dollar in 1989 bought what
$0.84 buys in 1994.
Common amounts: 1989 dollars in 1994
Amount in 1989
Value in 1994
$1.00
$1.20
$5.00
$5.98
$10.00
$11.95
$20.00
$23.90
$50.00
$59.76
$100
$120
$500
$598
$1,000
$1,195
$5,000
$5,976
$10,000
$11,952
$100,000
$119,516
$1,000,000
$1,195,161
Inflation by spending category, 1989–1994
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1989 spending costs in 1994, by category:
Category
Avg. yearly inflation
$100 in 1989 →
All items (CPI-U)
3.63%
$120
Medical care
7.16%
$141
Core (all items less food & energy)
3.94%
$121
Housing
3.32%
$118
Transportation
3.31%
$118
Food
2.90%
$115
Apparel
2.38%
$112
Energy
2.09%
$111
Not shown because the BLS began these indexes after 1989: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1989 to 1994: $100 is worth $120 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1989-to-1994/
APA: InflationCalculator.com. Inflation from 1989 to 1994. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1989-to-1994/