Between 1989 and 2022, the Consumer Price Index went from 124 to 292.655.
Cumulatively, prices increased 136.0%, which works out to an average of
2.64% per year. Put differently, a dollar in 1989 bought what
$0.42 buys in 2022.
Common amounts: 1989 dollars in 2022
Amount in 1989
Value in 2022
$1.00
$2.36
$5.00
$11.80
$10.00
$23.60
$20.00
$47.20
$50.00
$118
$100
$236
$500
$1,180
$1,000
$2,360
$5,000
$11,801
$10,000
$23,601
$100,000
$236,012
$1,000,000
$2,360,121
Inflation by spending category, 1989–2022
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1989 spending costs in 2022, by category:
Category
Avg. yearly inflation
$100 in 1989 →
All items (CPI-U)
2.64%
$236
Medical care
4.01%
$366
Energy
3.55%
$316
Housing
2.75%
$245
Food
2.74%
$244
Transportation
2.60%
$233
Core (all items less food & energy)
2.53%
$228
Apparel
0.21%
$107
Not shown because the BLS began these indexes after 1989: recreation (1993–), education & communication (1993–).
Long periods are sampled every 2 years; the calculator above covers any pair of years.
The destination year: 2022
2022 was the year inflation returned. Consumer prices rose 8.0% on average,
the worst since 1981, driven by pandemic-era supply chains, stimulus-fueled
demand, and an energy shock from the war in Ukraine. Gas briefly topped $5 a
gallon nationally for the first time ever, and “inflation” became the
top-ranked economic concern in nearly every poll of American households.
MLA: “Inflation from 1989 to 2022: $100 is worth $236 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1989-to-2022/
APA: InflationCalculator.com. Inflation from 1989 to 2022. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1989-to-2022/