Between 1989 and 1996, the Consumer Price Index went from 124 to 156.9.
Cumulatively, prices increased 26.5%, which works out to an average of
3.42% per year. Put differently, a dollar in 1989 bought what
$0.79 buys in 1996.
Common amounts: 1989 dollars in 1996
Amount in 1989
Value in 1996
$1.00
$1.27
$5.00
$6.33
$10.00
$12.65
$20.00
$25.31
$50.00
$63.27
$100
$127
$500
$633
$1,000
$1,265
$5,000
$6,327
$10,000
$12,653
$100,000
$126,532
$1,000,000
$1,265,323
Inflation by spending category, 1989–1996
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1989 spending costs in 1996, by category:
Category
Avg. yearly inflation
$100 in 1989 →
All items (CPI-U)
3.42%
$127
Medical care
6.25%
$153
Core (all items less food & energy)
3.63%
$128
Transportation
3.28%
$125
Housing
3.15%
$124
Food
2.95%
$123
Energy
2.24%
$117
Apparel
1.51%
$111
Not shown because the BLS began these indexes after 1989: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1989 to 1996: $100 is worth $127 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1989-to-1996/
APA: InflationCalculator.com. Inflation from 1989 to 1996. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1989-to-1996/