Between 1989 and 2001, the Consumer Price Index went from 124 to 177.1.
Cumulatively, prices increased 42.8%, which works out to an average of
3.01% per year. Put differently, a dollar in 1989 bought what
$0.70 buys in 2001.
Common amounts: 1989 dollars in 2001
Amount in 1989
Value in 2001
$1.00
$1.43
$5.00
$7.14
$10.00
$14.28
$20.00
$28.56
$50.00
$71.41
$100
$143
$500
$714
$1,000
$1,428
$5,000
$7,141
$10,000
$14,282
$100,000
$142,823
$1,000,000
$1,428,226
Inflation by spending category, 1989–2001
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1989 spending costs in 2001, by category:
Category
Avg. yearly inflation
$100 in 1989 →
All items (CPI-U)
3.01%
$143
Medical care
5.15%
$183
Core (all items less food & energy)
3.10%
$144
Housing
3.05%
$143
Food
2.74%
$138
Energy
2.67%
$137
Transportation
2.55%
$135
Apparel
0.59%
$107
Not shown because the BLS began these indexes after 1989: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1989 to 2001: $100 is worth $143 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1989-to-2001/
APA: InflationCalculator.com. Inflation from 1989 to 2001. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1989-to-2001/