$1,000 in 1980 is worth $2,646.31 in 2010

Value of $1,000 from 1980 to 2010

$1,000 in 1980 is equivalent in purchasing power to about $2,646.31 in 2010, an increase of $1,646.31 over 30 years. The dollar had an average inflation rate of 3.30% per year between 1980 and 2010, producing a cumulative price increase of 164.63%.

This means that prices in 2010 are 2.65 times higher than average prices since 1980, according to the Bureau of Labor Statistics consumer price index.

The inflation rate in 1980 was 13.50%. The inflation rate in 2010 was 1.64%. The 2010 inflation rate is lower compared to the average inflation rate of 2.64% per year between 2010 and 2022.


Inflation from 1980 to 2010
Cumulative price change164.63%
Average inflation rate3.30%
Converted amount ($1,000 base)$2,646.31
Price difference ($1,000 base)$1,646.31
CPI in 198082.400
CPI in 2010218.056
Inflation in 198013.50%
Inflation in 20101.64%
$1,000 in 1980$2,646.31 in 2010

USD inflation since 1980
Annual Rate, the Bureau of Labor Statistics CPI
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Buying power of $1,000 in 1980

This chart shows a calculation of buying power equivalence for $1,000 in 1980 (price index tracking began in 1635).

For example, if you started with $1,000, you would need to end with $2,646.31 in order to "adjust" for inflation (sometimes refered to as "beating inflation").

When $1,000 is equivalent to $2,646.31 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 $1,000 is worth less over 30 years.

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:

Dollar inflation: 1980-2010
YearDollar ValueInflation Rate
1980$1,000.0013.50%
1981$1,103.1610.32%
1982$1,171.126.16%
1983$1,208.743.21%
1984$1,260.924.32%
1985$1,305.833.56%
1986$1,330.101.86%
1987$1,378.643.65%
1988$1,435.684.14%
1989$1,504.854.82%
1990$1,586.175.40%
1991$1,652.914.21%
1992$1,702.673.01%
1993$1,753.642.99%
1994$1,798.542.56%
1995$1,849.512.83%
1996$1,904.132.95%
1997$1,947.822.29%
1998$1,978.161.56%
1999$2,021.842.21%
2000$2,089.813.36%
2001$2,149.272.85%
2002$2,183.251.58%
2003$2,233.012.28%
2004$2,292.482.66%
2005$2,370.153.39%
2006$2,446.603.23%
2007$2,516.292.85%
2008$2,612.903.84%
2009$2,603.60-0.36%
2010$2,646.311.64%
2011$2,729.843.16%
2012$2,786.332.07%
2013$2,827.151.46%
2014$2,873.011.62%
2015$2,876.420.12%
2016$2,912.711.26%
2017$2,974.762.13%
2018$3,048.912.49%
2019$3,102.641.76%
2020$3,140.921.23%
2021$3,288.474.70%
2022$3,616.659.98%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.
Click to show 24 more rows

This conversion table shows various other 1980 amounts in 2010 dollars, based on the 164.63% change in prices:

Conversion: 1980 dollars in 2010
Initial valueEquivalent value
$1 dollar in 1980$2.65 dollars in 2010
$5 dollars in 1980$13.23 dollars in 2010
$10 dollars in 1980$26.46 dollars in 2010
$50 dollars in 1980$132.32 dollars in 2010
$100 dollars in 1980$264.63 dollars in 2010
$500 dollars in 1980$1,323.16 dollars in 2010
$1,000 dollars in 1980$2,646.31 dollars in 2010
$5,000 dollars in 1980$13,231.55 dollars in 2010
$10,000 dollars in 1980$26,463.11 dollars in 2010
$50,000 dollars in 1980$132,315.53 dollars in 2010
$100,000 dollars in 1980$264,631.07 dollars in 2010
$500,000 dollars in 1980$1,323,155.34 dollars in 2010
$1,000,000 dollars in 1980$2,646,310.68 dollars in 2010

Inflation by City

Inflation can vary widely by city, even within the United States. Here's how some cities fared in 1980 to 2010 (figures shown are purchasing power equivalents of $1,000):

New York experienced the highest rate of inflation during the 30 years between 1980 and 2010 (3.65%).

Houston, Texas experienced the lowest rate of inflation during the 30 years between 1980 and 2010 (2.90%).

Note that some locations showing 0% inflation may have not yet reported latest data.


Inflation by Country

Inflation can also vary widely by country. For comparison, in the UK £1,000.00 in 1980 would be equivalent to £3,344.33 in 2010, an absolute change of £2,344.33 and a cumulative change of 234.43%.

In Canada, CA$1,000.00 in 1980 would be equivalent to CA$2,644.97 in 2010, an absolute change of CA$1,644.97 and a cumulative change of 164.50%.

Compare these numbers to the US's overall absolute change of $1,646.31 and total percent change of 164.63%.


Inflation by Spending Category

CPI is the weighted combination of many categories of spending that are tracked by the government. Breaking down these categories helps explain the main drivers behind price changes.

Between 1980 and 2010:

This chart shows the average rate of inflation for select CPI categories between 1980 and 2010.

Compare these values to the overall average of 3.30% per year:

CategoryAvg Inflation (%)Total Inflation (%)$1,000 in 1980 → 2010
Food and beverages3.15153.582,535.82
Housing3.33166.842,668.42
Apparel0.9131.411,314.11
Transportation2.86132.752,327.48
Medical care5.64418.775,187.66
Recreation1.3147.721,477.17
Education and communication2.49108.972,089.73
Other goods and services5.56406.305,063.04

The graph below compares inflation in categories of goods over time. Click on a category such as "Food" to toggle it on or off:

For all these visualizations, it's important to note that not all categories may have been tracked since 1980. This table and charts use the earliest available data for each category.



How to calculate inflation rate for $1,000, 1980 to 2010

Our calculations use the following inflation rate formula to calculate the change in value between 1980 and 2010:

CPI in 2010 CPI in 1980
×
1980 USD value
=
2010 USD value

Then plug in historical CPI values. The U.S. CPI was 82.4 in the year 1980 and 218.056 in 2010:

218.05682.4
×
$1,000
=
$2,646.31

$1,000 in 1980 has the same "purchasing power" or "buying power" as $2,646.31 in 2010.

To get the total inflation rate for the 30 years between 1980 and 2010, we use the following formula:

CPI in 2010 - CPI in 1980CPI in 1980
×
100
=
Cumulative inflation rate (30 years)

Plugging in the values to this equation, we get:

218.056 - 82.482.4
×
100
=
165%

Alternate Measurements of Inflation

There are multiple ways to measure inflation. Published rates of inflation will vary depending on methodology. The Consumer Price Index, used above, is the most common standard used globally.

Alternative measurements are sometimes used based on context and economic/political circumstances. Below are a few examples of alternative measurements.

Personal Consumption Expenditures (PCE) Inflation

The PCE Price Index is the U.S. Federal Reserve's preferred measure of inflation, compiled by the Bureau of Economic Analysis. It measures the change in prices of goods and services purchased by consumers.

The PCE Price Index changed by 2.85% per year on average between 1980 and 2010. The total PCE inflation between these dates was 132.50%. In 1980, PCE inflation was 10.77%.

This means that the PCE Index equates $1,000 in 1980 with $2,325.00 in 2010, a difference of $1,325.00. Compare this to the standard CPI measurement, which equates $1,000 with $2,646.31. The PCE measured -32.13% inflation compared to standard CPI.

For more information on the difference between PCE and CPI, see this analysis provided by the Bureau of Labor Statistics.

Core Inflation

Also of note is the Core CPI, which uses the standard CPI but omits the more volatile categories of food and energy.

Core inflation averaged 3.42% per year between 1980 and 2010 (vs all-CPI inflation of 3.30%), for an inflation total of 173.98%. In 1980, core inflation was 12.42%.

When using the core inflation measurement, $1,000 in 1980 is equivalent in buying power to $2,739.84 in 2010, a difference of $1,739.84. Recall that the converted amount is $2,646.31 when all items including food and energy are measured.


Comparison to S&P 500 Index

The average inflation rate of 3.30% has a compounding effect between 1980 and 2010. As noted above, this yearly inflation rate compounds to produce an overall price difference of 164.63% over 30 years.

To help put this inflation into perspective, if we had invested $1,000 in the S&P 500 index in 1980, our investment would be nominally worth approximately $27,211.24 in 2010. This is a return on investment of 2,621.12%, with an absolute return of $26,211.24 on top of the original $1,000.

These numbers are not inflation adjusted, so they are considered nominal. In order to evaluate the real return on our investment, we must calculate the return with inflation taken into account.

The compounding effect of inflation would account for 62.21% of returns ($16,928.53) during this period. This means the inflation-adjusted real return of our $1,000 investment is $9,282.71. You may also want to account for capital gains tax, which would take your real return down to around $7,890 for most people.

Investment in S&P 500 Index, 1980-2010
Original AmountFinal AmountChange
Nominal$1,000$27,211.242,621.12%
Real
Inflation Adjusted
$1,000$10,282.71928.27%

Information displayed above may differ slightly from other S&P 500 calculators. Minor discrepancies can occur because we use the latest CPI data for inflation, annualized inflation numbers for previous years, and we compute S&P price and dividends from January of 1980 to latest available data for 2010 using average monthly close price.

For more details on the S&P 500 between 1980 and 2010, see the stock market returns calculator.


Data source & citation

Raw data for these calculations comes from the Bureau of Labor Statistics' (CPI), established in 1913. Inflation data from 1634 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.

You may use the following MLA citation for this page: “$1,000 in 1980 → 2010 | Inflation Calculator.” Official Inflation Data, Alioth Finance, 6 Dec. 2022, https://www.officialdata.org/us/inflation/1980?endYear=2010&amount=1000.

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


Ian Webster

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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» Read more about inflation and investment.

Inflation from 1980 to 2010
Cumulative price change164.63%
Average inflation rate3.30%
Converted amount ($1,000 base)$2,646.31
Price difference ($1,000 base)$1,646.31
CPI in 198082.400
CPI in 2010218.056
Inflation in 198013.50%
Inflation in 20101.64%
$1,000 in 1980$2,646.31 in 2010