Between 1989 and 2016, the Consumer Price Index went from 124 to 240.007.
Cumulatively, prices increased 93.6%, which works out to an average of
2.48% per year. Put differently, a dollar in 1989 bought what
$0.52 buys in 2016.
Common amounts: 1989 dollars in 2016
Amount in 1989
Value in 2016
$1.00
$1.94
$5.00
$9.68
$10.00
$19.36
$20.00
$38.71
$50.00
$96.78
$100
$194
$500
$968
$1,000
$1,936
$5,000
$9,678
$10,000
$19,355
$100,000
$193,554
$1,000,000
$1,935,540
Inflation by spending category, 1989–2016
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1989 spending costs in 2016, by category:
Category
Avg. yearly inflation
$100 in 1989 →
All items (CPI-U)
2.48%
$194
Medical care
4.29%
$311
Energy
2.62%
$201
Housing
2.57%
$198
Food
2.57%
$198
Core (all items less food & energy)
2.44%
$192
Transportation
2.00%
$171
Apparel
0.23%
$106
Not shown because the BLS began these indexes after 1989: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1989 to 2016: $100 is worth $194 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1989-to-2016/
APA: InflationCalculator.com. Inflation from 1989 to 2016. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1989-to-2016/