$1,000 in 1990 → $1,875.44 in 2017

👉 You may be interested in $1,000 in 1990 → 2018

U.S. Inflation Rate, $1,000 in 1990 to 2017

According to the Bureau of Labor Statistics consumer price index, prices in 2017 are 87.54% higher than prices in 1990. The dollar experienced an average inflation rate of 2.36% per year during this period.

In other words, $1,000 in 1990 is equivalent in purchasing power to $1,875.44 in 2017, a difference of $875.44 over 27 years.

The 1990 inflation rate was 5.40%. The inflation rate in 2017 was 2.13%. The 2017 inflation rate is lower compared to the average inflation rate of 2.99% per year between 2017 and 2018.


Inflation from 1990 to 2017
Cumulative price change 87.54%
Average inflation rate 2.36%
Converted amount ($1,000 base) $1,875.44
Price difference ($1,000 base) $875.44
CPI in 1990 130.7
CPI in 2017 245.12
Inflation in 1990 5.40%
Inflation in 2017 2.13%


U.S. Inflation since 1913
Annual Rate, U.S. Bureau of Labor Statistics CPI

Buying power of $1,000 since 1990

This chart shows calculations of buying power equivalence over time for $1,000 in 1990 (price index tracking began in 1635).

According to the Bureau of Labor Statistics, each of these USD amounts below is equal in terms of what it could buy at the time:

Year USD Value Inflation Rate
1990 $1,000.00 5.40%
1991 $1,042.08 4.21%
1992 $1,073.45 3.01%
1993 $1,105.59 2.99%
1994 $1,133.89 2.56%
1995 $1,166.03 2.83%
1996 $1,200.46 2.95%
1997 $1,228.00 2.29%
1998 $1,247.13 1.56%
1999 $1,274.67 2.21%
2000 $1,317.52 3.36%
2001 $1,355.01 2.85%
2002 $1,376.43 1.58%
2003 $1,407.80 2.28%
2004 $1,445.29 2.66%
2005 $1,494.26 3.39%
2006 $1,542.46 3.23%
2007 $1,586.40 2.85%
2008 $1,647.31 3.84%
2009 $1,641.45 -0.36%
2010 $1,668.37 1.64%
2011 $1,721.03 3.16%
2012 $1,756.65 2.07%
2013 $1,782.38 1.46%
2014 $1,811.29 1.62%
2015 $1,813.44 0.12%
2016 $1,836.32 1.26%
2017 $1,875.44 2.13%
2018 $1,931.44 2.99%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.

Inflation by City

Inflation can vary widely by city, even within the United States. Here's how some cities fared in 1990 to 2017 (figures shown are purchasing power equivalents of $1,000):

Seattle, Washington experienced the highest rate of inflation during the 27 years between 1990 and 2017 (3.38%).

St Louis, Missouri experienced the lowest rate of inflation during the 27 years between 1990 and 2017 (2.10%).


Inflation by Country

Inflation can also vary widely by country. For comparison, in the UK £1,000.00 in 1990 would be equivalent to £2,160.06 in 2017, an absolute change of £1,160.06 and a cumulative change of 116.01%.

In Canada, CA$1,000.00 in 1990 would be equivalent to CA$1,632.04 in 2017, an absolute change of CA$632.04 and a cumulative change of 63.20%.

Compare these numbers to the US's overall absolute change of $875.44 and total percent change of 87.54%.


Inflation by Spending Category

CPI is the weighted combination of many categories of spending that are tracked by the government. This chart shows the average rate of inflation for select CPI categories between 1990 and 2017.

Compare these values to the overall average of 2.36% per year:

Category Avg Inflation (%) Total Inflation (%) $1,000 in 1990 → 2017
Food 2.38 88.91 1,889.15
Shelter 2.84 112.74 2,127.40
Energy 2.61 100.65 2,006.49
Apparel 0.05 1.23 1,012.31
New vehicles 0.71 21.08 1,210.81
Used cars and trucks 0.60 17.57 1,175.67
Transportation services 2.88 114.97 2,149.70
Medical care services 4.30 211.54 3,115.40
Medical care commodities 3.15 130.75 2,307.45

It's important to note that not all categories may be tracked since 1990. This table and visualization use the earliest available data for each category.



How to Calculate Inflation Rate for $1,000, 1990 to 2017

This inflation calculator uses the following inflation rate formula:

CPI in 2017CPI in 1990
×
1990 USD value
=
2017 USD value

Then plug in historical CPI values. The U.S. CPI was 130.7 in the year 1990 and 245.12 in 2017:

245.12130.7
×
$1,000
=
$1,875.44

$1,000 in 1990 has the same "purchasing power" or "buying power" as $1,875.44 in 2017.

To get the total inflation rate for the 27 years between 1990 and 2017, we use the following formula:

CPI in 2017 - CPI in 1990CPI in 1990
×
100
=
Cumulative inflation rate (27 years)

Plugging in the values to this equation, we get:

245.12 - 130.7130.7
×
100
=
88%

Alternate Measurements of Inflation

The above data describe the CPI for all items. Also of note is the Core CPI, which measures inflation for all items except for the more volatile categories of food and energy. Core inflation averaged 2.33% per year between 1990 and 2017 (vs all-CPI inflation of 2.36%), for an inflation total of 86.16%.

When using the core inflation measurement, $1,000 in 1990 is equivalent in buying power to $1,861.63 in 2017, a difference of $861.63. Recall that for All Items, the converted amount is $1,875.44 with a difference of $875.44.

In 1990, core inflation was 5.03%.


Comparison to S&P 500 Index

The average inflation rate of 2.36% during these years has a compounding effect. As noted above, this yearly inflation rate produces an overall price difference of 87.54% over 27 years.

To help put this inflation into perspective, if you had invested $1,000 in the S&P 500 index in 1990, your investment would be worth approximately $14,650.90 in 2017. This is a change of 1,365.09%.

This means the nominal return on a $1,000 investment is $13,650.90, but inflation would eat into your real returns.

Inflation would account for 46.68% of your returns ($6,372.13), for an inflation-adjusted real return of about $7,278.77.


News headlines from 1990

Politics and news often influence economic performance. Here's what was happening at the time:

  • Nelson Mandela is released having spent 27 years in South African prison.
  • The Hubble Space Telescope takes its first photos from space.
  • Dr Penny Jamieson, becomes the first woman to be made an Anglican Bishop, in New Zeeland
  • The United States sends troops to Saudi Arabia, marking the beginning of Operation Desert Shield.

Data Source & Citation

Raw data for these calculations comes from the Bureau of Labor Statistics' (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.

You may use the following MLA citation for this page: “$1,000 in 1990 → 2017 | Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 20 Oct. 2018, https://www.officialdata.org/1990-dollars-in-2017?amount=1000.

in2013dollars.com is a reference website maintained by the Official Data Foundation.


© 2018 Official Data Foundation / Alioth LLC. Contact