Between 1989 and 2002, the Consumer Price Index went from 124 to 179.9.
Cumulatively, prices increased 45.1%, which works out to an average of
2.90% per year. Put differently, a dollar in 1989 bought what
$0.69 buys in 2002.
Common amounts: 1989 dollars in 2002
Amount in 1989
Value in 2002
$1.00
$1.45
$5.00
$7.25
$10.00
$14.51
$20.00
$29.02
$50.00
$72.54
$100
$145
$500
$725
$1,000
$1,451
$5,000
$7,254
$10,000
$14,508
$100,000
$145,081
$1,000,000
$1,450,806
Inflation by spending category, 1989–2002
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1989 spending costs in 2002, by category:
Category
Avg. yearly inflation
$100 in 1989 →
All items (CPI-U)
2.90%
$145
Medical care
5.12%
$191
Core (all items less food & energy)
3.04%
$148
Housing
2.99%
$147
Food
2.67%
$141
Transportation
2.28%
$134
Energy
1.98%
$129
Apparel
0.34%
$105
Not shown because the BLS began these indexes after 1989: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1989 to 2002: $100 is worth $145 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1989-to-2002/
APA: InflationCalculator.com. Inflation from 1989 to 2002. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1989-to-2002/