U.S. inflation rate in 1980: 13.50%

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U.S. Inflation Rate, 1980-2017 ($1)

The consumer price index (CPI) in 1980 was 82.4. the Bureau of Labor Statistics uses this CPI value to track inflation on a monthly basis.

According to the Bureau of Labor Statistics, the dollar experienced an average inflation rate of 2.99% per year. Prices in 2017 are 197.0% higher than prices in 1980.

In other words, $1 in the year 1980 is equivalent to $2.97 in 2017, a difference of $1.97 over 37 years.

The current inflation rate in 2017 is 1.99%1. If this number holds, $1 today will be equivalent to $1.02 next year.

Inflation from 1980 to 2017
Cumulative price change 197.00%
Average inflation rate 2.99%
Price difference ($1 base) $1.97
CPI in 1980 82.4
CPI in 2017 244.786


U.S. inflation from 1913 to 2017


Inflation rates for specific categories

Bread · Educational books and supplies · Electricity · More

Inflation-adjusted measures

S&P 500 price · S&P 500 earnings · Shiller P/E

How to calculate the inflation rate for $1 since 1980

Start with the inflation rate formula:

CPI in 2017 / CPI in 1980 * 1980 USD value = 2017 USD value

Then plug in historical CPI values. The U.S. CPI was 82.4 in the year 1980 and 244.786 in 2017:

244.786 / 82.4 * $1 = $2.97

$1 in 1980 has the same "purchasing power" as $2.97 in 2017.


News headlines from 1980

Politics and news often play an important role in economic performance.

  • Princess Victoria is crowned Princess of Sweden.
  • Iranian protesters storm the Russian embassy in Iran.
  • Abdou Diouf is elected president of Senegal after being Prime Minister for ten years.
  • Cable News Network (CNN) is transmitted for the first time.
  • Saddam Hussein, President of Iraq, declares a holy war on Iran.

Inflation Data Source: 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.


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