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The 1980s

What things cost in the 1980s

Gas, homes, wages and stamps year by year from 1980 to 1989, with what a dollar from each year is worth in 2025.

80s
59%Rise in average prices (CPI-U) from 1980 to 1990
$1.19 → $1.00Average gallon of regular gas, 1980 to 1989
$3.10 → $3.35Federal minimum wage, 1980 to 1989

Prices in the 1980s, year by year

Year$1 then in 2025Gas / galMedian homeMin. wageStamp
1980$3.91$1.19$63,700$3.1015¢
1981$3.54$1.31$66,800$3.3520¢
1982$3.34$1.22$66,400$3.3520¢
1983$3.23$1.16$73,300$3.3520¢
1984$3.10$1.13$78,200$3.3520¢
1985$2.99$1.11$82,800$3.3522¢
1986$2.94$0.86$88,000$3.3522¢
1987$2.83$0.90$97,900$3.3522¢
1988$2.72$0.90$110,000$3.3525¢
1989$2.60$1.00$118,000$3.3525¢

Gas prices from 1949 to 1990 are for leaded regular; from 1992 on they are for regular gasoline of all formulations. No comparable figure is published for 1991.

The median sales price of a house sold in the U.S. went from $63,700 in 1980 to $118,000 in 1989.

Taken together, $1 in 1980 buys about as much as $3.91 did in 2025, so a $1.19 gallon of gas in 1980 is roughly $4.65 in 2025 money.

Things from the 1980s that are mostly gone

Sources: BLS CPI-U; EIA gasoline prices; Census/HUD median sales price (first quarter); U.S. Department of Labor; USPS. See Sources.

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