Between 1989 and 2004, the Consumer Price Index went from 124 to 188.9.
Cumulatively, prices increased 52.3%, which works out to an average of
2.85% per year. Put differently, a dollar in 1989 bought what
$0.66 buys in 2004.
Common amounts: 1989 dollars in 2004
Amount in 1989
Value in 2004
$1.00
$1.52
$5.00
$7.62
$10.00
$15.23
$20.00
$30.47
$50.00
$76.17
$100
$152
$500
$762
$1,000
$1,523
$5,000
$7,617
$10,000
$15,234
$100,000
$152,339
$1,000,000
$1,523,387
Inflation by spending category, 1989–2004
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1989 spending costs in 2004, by category:
Category
Avg. yearly inflation
$100 in 1989 →
All items (CPI-U)
2.85%
$152
Medical care
4.99%
$208
Energy
3.21%
$161
Housing
2.92%
$154
Core (all items less food & energy)
2.85%
$152
Food
2.69%
$149
Transportation
2.41%
$143
Apparel
0.10%
$102
Not shown because the BLS began these indexes after 1989: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1989 to 2004: $100 is worth $152 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1989-to-2004/
APA: InflationCalculator.com. Inflation from 1989 to 2004. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1989-to-2004/