Inflation Rate between 1980-2029 | Inflation Calculator (2024)

Prediction: Value of $850 from 1980 to 2029

$850 in 1980 is equivalent in purchasing power to about $3,764.50 in 2029, an increase of $2,914.50 over 49 years. The dollar had an average inflation rate of 3.08% per year between 1980 and 2029, producing a cumulative price increase of 342.88%. The buying power of $850 in 1980 is predicted to be equivalent to $3,764.50 in 2029.

This calculation is based on future inflation assumption of 3.00% per year. Use the calculator on the left to change this prediction. Or, use the annual inflation rate calculator to view inflation in the past.

Projected inflation, 1980 to 2029
Cumulative price change342.88%
Average inflation rate3.08%
Converted amount
$850 base
$3,764.50
Price difference
$850 base
$2,914.50
CPI in 198082.400
Inflation in 198013.50%
$850 in 1980$3,764.50 in 2029

USD inflation since 1980

Annual Rate, the Bureau of Labor Statistics CPI

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Buying power of $850 in 2029

This chart shows a calculation of buying power equivalence for $850 in 1980 (price index tracking began in 1635).

For example, if you started with $850, you would need to end with $3,764.50 in order to "adjust" for inflation (sometimes refered to as "beating inflation").

Future inflation is estimated at 3.00%.

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When $850 is equivalent to $3,764.50 over time, that means that the "real value" of a single U.S. dollar decreases over time. In other words, a dollar will pay for fewer items at the store.

This effect explains how inflation erodes the value of a dollar over time. By calculating the value in 1980 dollars, the chart below shows how $850 is worth less over 49 years.

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This table shows the results of the inflation prediction, with base values from the Bureau of Labor Statistics:

Dollar inflation: 1980-2029
YearDollar ValueInflation Rate
1980$850.0013.50%
1981$937.6810.32%
1982$995.456.16%
1983$1,027.433.21%
1984$1,071.784.32%
1985$1,109.953.56%
1986$1,130.581.86%
1987$1,171.843.65%
1988$1,220.334.14%
1989$1,279.134.82%
1990$1,348.245.40%
1991$1,404.984.21%
1992$1,447.273.01%
1993$1,490.592.99%
1994$1,528.762.56%
1995$1,572.092.83%
1996$1,618.512.95%
1997$1,655.642.29%
1998$1,681.431.56%
1999$1,718.572.21%
2000$1,776.333.36%
2001$1,826.882.85%
2002$1,855.761.58%
2003$1,898.062.28%
2004$1,948.602.66%
2005$2,014.623.39%
2006$2,079.613.23%
2007$2,138.842.85%
2008$2,220.973.84%
2009$2,213.06-0.36%
2010$2,249.361.64%
2011$2,320.373.16%
2012$2,368.382.07%
2013$2,403.081.46%
2014$2,442.061.62%
2015$2,444.960.12%
2016$2,475.801.26%
2017$2,528.542.13%
2018$2,591.572.49%
2019$2,637.241.76%
2020$2,669.781.23%
2021$2,795.204.70%
2022$3,018.908.00%
2023$3,143.174.12%
2024$3,247.293.31%
2025$3,344.713.00%
2026$3,445.053.00%
2027$3,548.403.00%
2028$3,654.853.00%
2029$3,764.503.00%

Click to show 43 more rows

Inflation rates of specific categories

Medical Care · Housing · Rent · Food · More

Inflation-adjusted measures

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

Data source & citation

Raw data for these calculations comes from the Bureau of Labor Statistics' Consumer Price Index (CPI), established in 1913. Price index data from 1774 to 1912 is sourced from a historical study conducted by political science professor Robert Sahr at Oregon State University and from the American Antiquarian Society. Price index data from 1634 to 1773 is from the American Antiquarian Society, using British pound equivalents.

You may use the following MLA citation for this page: “2029 Inflation Prediction | Future Inflation Calculator.” Official Inflation Data, Alioth Finance, 12 Sep. 2024, https://www.officialdata.org/us/inflation/1980?endYear=2029&amount=850&future_pct=0.03.

Special thanks to QuickChart for their chart image API, which is used for chart downloads.

Inflation Rate between 1980-2029 | Inflation Calculator (1)

About the author

Ian Webster is an engineer and data expert based in San Mateo, California. He has worked for Google, NASA, and consulted for governments around the world on data pipelines and data analysis. Disappointed by the lack of clear resources on the impacts of inflation on economic indicators, Ian believes this website serves as a valuable public tool. Ian earned his degree in Computer Science from Dartmouth College.

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Inflation Rate between 1980-2029 | Inflation Calculator (2024)
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