Cost of Gas in 1983 Adjusted for Inflation

The cost of a gallon of gas was $1.16 in 1983. How much is that worth in current dollars when taking inflation into account? Calculate the value in current dollars of a gallon of gas in 1983 at 1.16/gallon.
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$1.16 from 1983 to 2024 adjusted for inflation. We use the Consumer Price Index provided by the Bureau of Labor Statistics. They aggregate prices over time to determine the CPI.
How much is 1.16 in 1983 worth in current dollars?
What was the rate of inflation since 1983 on 1.16?
How has the cost of living changed since 1983?
What was the value of $1.16 in 1983? Every year, the US dollar is usually worth less due to inflation. We calculate what $1.16 in 1983 is worth now.