Between 1970 and 1994, the Consumer Price Index went from 38.8 to 148.2.
Cumulatively, prices increased 282.0%, which works out to an average of
5.74% per year. Put differently, a dollar in 1970 bought what
$0.26 buys in 1994.
Common amounts: 1970 dollars in 1994
Amount in 1970
Value in 1994
$1.00
$3.82
$5.00
$19.10
$10.00
$38.20
$20.00
$76.39
$50.00
$191
$100
$382
$500
$1,910
$1,000
$3,820
$5,000
$19,098
$10,000
$38,196
$100,000
$381,959
$1,000,000
$3,819,588
Inflation by spending category, 1970–1994
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1970 spending costs in 1994, by category:
Category
Avg. yearly inflation
$100 in 1970 →
All items (CPI-U)
5.74%
$382
Medical care
7.90%
$621
Energy
6.06%
$410
Housing
5.92%
$398
Core (all items less food & energy)
5.76%
$384
Food
5.58%
$368
Transportation
5.46%
$358
Apparel
3.44%
$225
Not shown because the BLS began these indexes after 1970: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1970 to 1994: $100 is worth $382 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1970-to-1994/
APA: InflationCalculator.com. Inflation from 1970 to 1994. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1970-to-1994/