Between 1970 and 1999, the Consumer Price Index went from 38.8 to 166.6.
Cumulatively, prices increased 329.4%, which works out to an average of
5.15% per year. Put differently, a dollar in 1970 bought what
$0.23 buys in 1999.
Common amounts: 1970 dollars in 1999
Amount in 1970
Value in 1999
$1.00
$4.29
$5.00
$21.47
$10.00
$42.94
$20.00
$85.88
$50.00
$215
$100
$429
$500
$2,147
$1,000
$4,294
$5,000
$21,469
$10,000
$42,938
$100,000
$429,381
$1,000,000
$4,293,814
Inflation by spending category, 1970–1999
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1970 spending costs in 1999, by category:
Category
Avg. yearly inflation
$100 in 1970 →
All items (CPI-U)
5.15%
$429
Medical care
7.13%
$737
Housing
5.33%
$450
Core (all items less food & energy)
5.19%
$434
Food
5.06%
$419
Energy
5.06%
$418
Transportation
4.76%
$385
Apparel
2.78%
$222
Not shown because the BLS began these indexes after 1970: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1970 to 1999: $100 is worth $429 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1970-to-1999/
APA: InflationCalculator.com. Inflation from 1970 to 1999. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1970-to-1999/