Between 1989 and 2024, the Consumer Price Index went from 124 to 313.689.
Cumulatively, prices increased 153.0%, which works out to an average of
2.69% per year. Put differently, a dollar in 1989 bought what
$0.40 buys in 2024.
Common amounts: 1989 dollars in 2024
Amount in 1989
Value in 2024
$1.00
$2.53
$5.00
$12.65
$10.00
$25.30
$20.00
$50.60
$50.00
$126
$100
$253
$500
$1,265
$1,000
$2,530
$5,000
$12,649
$10,000
$25,298
$100,000
$252,975
$1,000,000
$2,529,750
Inflation by spending category, 1989–2024
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1989 spending costs in 2024, by category:
Category
Avg. yearly inflation
$100 in 1989 →
All items (CPI-U)
2.69%
$253
Medical care
3.87%
$378
Energy
3.15%
$296
Housing
2.90%
$272
Food
2.81%
$264
Core (all items less food & energy)
2.62%
$247
Transportation
2.50%
$237
Apparel
0.30%
$111
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.
Cite this page
MLA: “Inflation from 1989 to 2024: $100 is worth $253 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1989-to-2024/
APA: InflationCalculator.com. Inflation from 1989 to 2024. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1989-to-2024/