$3.90 in 1989 → $7.55 in 2016

The U.S. dollar experienced an average inflation rate of 2.48% per year between 1989 and 2016. $3.90 in the year 1989 is worth $7.55 in 2016.

The inflation rate in 2016 was 1.26%.


U.S. inflation from 1913 to 2017


How to calculate inflation between 1989 and 2016

Start with the CPI inflation formula:

CPI in 2016 / CPI in 1989 * 1989 USD value = 2016 USD value

Then plug in historical CPI values. The U.S. CPI was 124 in the year 1989 and 240.007 in 2016:

240.007 / 124 * $3.90 = $7.55

The "purchasing power" of $3.90 from 1989 is $7.55 in 2016.


Source: The Bureau of Labor Statistics' annual (CPI), established in 1913. Inflation data from 1665 to 1912 is sourced from a historical study conducted by political science professor Robert Sahr at Oregon State University.


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