Between 1970 and 1993, the Consumer Price Index went from 38.8 to 144.5.
Cumulatively, prices increased 272.4%, which works out to an average of
5.88% per year. Put differently, a dollar in 1970 bought what
$0.27 buys in 1993.
Common amounts: 1970 dollars in 1993
Amount in 1970
Value in 1993
$1.00
$3.72
$5.00
$18.62
$10.00
$37.24
$20.00
$74.48
$50.00
$186
$100
$372
$500
$1,862
$1,000
$3,724
$5,000
$18,621
$10,000
$37,242
$100,000
$372,423
$1,000,000
$3,724,227
Inflation by spending category, 1970–1993
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1970 spending costs in 1993, by category:
Category
Avg. yearly inflation
$100 in 1970 →
All items (CPI-U)
5.88%
$372
Medical care
8.04%
$592
Energy
6.31%
$409
Housing
6.07%
$388
Core (all items less food & energy)
5.89%
$373
Food
5.72%
$359
Transportation
5.57%
$348
Apparel
3.61%
$226
Not shown because the BLS began these indexes after 1970: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1970 to 1993: $100 is worth $372 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1970-to-1993/
APA: InflationCalculator.com. Inflation from 1970 to 1993. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1970-to-1993/