Between 1989 and 2017, the Consumer Price Index went from 124 to 245.12.
Cumulatively, prices increased 97.7%, which works out to an average of
2.46% per year. Put differently, a dollar in 1989 bought what
$0.51 buys in 2017.
Common amounts: 1989 dollars in 2017
Amount in 1989
Value in 2017
$1.00
$1.98
$5.00
$9.88
$10.00
$19.77
$20.00
$39.54
$50.00
$98.84
$100
$198
$500
$988
$1,000
$1,977
$5,000
$9,884
$10,000
$19,768
$100,000
$197,677
$1,000,000
$1,976,774
Inflation by spending category, 1989–2017
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1989 spending costs in 2017, by category:
Category
Avg. yearly inflation
$100 in 1989 →
All items (CPI-U)
2.46%
$198
Medical care
4.22%
$318
Energy
2.80%
$217
Housing
2.58%
$204
Food
2.50%
$200
Core (all items less food & energy)
2.42%
$195
Transportation
2.05%
$177
Apparel
0.21%
$106
Not shown because the BLS began these indexes after 1989: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1989 to 2017: $100 is worth $198 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1989-to-2017/
APA: InflationCalculator.com. Inflation from 1989 to 2017. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1989-to-2017/