Between 1970 and 2001, the Consumer Price Index went from 38.8 to 177.1.
Cumulatively, prices increased 356.4%, which works out to an average of
5.02% per year. Put differently, a dollar in 1970 bought what
$0.22 buys in 2001.
Common amounts: 1970 dollars in 2001
Amount in 1970
Value in 2001
$1.00
$4.56
$5.00
$22.82
$10.00
$45.64
$20.00
$91.29
$50.00
$228
$100
$456
$500
$2,282
$1,000
$4,564
$5,000
$22,822
$10,000
$45,644
$100,000
$456,443
$1,000,000
$4,564,433
Inflation by spending category, 1970–2001
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1970 spending costs in 2001, by category:
Category
Avg. yearly inflation
$100 in 1970 →
All items (CPI-U)
5.02%
$456
Medical care
6.95%
$802
Energy
5.38%
$507
Housing
5.22%
$485
Core (all items less food & energy)
5.02%
$456
Food
4.91%
$442
Transportation
4.67%
$411
Apparel
2.50%
$215
Not shown because the BLS began these indexes after 1970: recreation (1993–), education & communication (1993–).
Long periods are sampled every 2 years; the calculator above covers any pair of years.
Cite this page
MLA: “Inflation from 1970 to 2001: $100 is worth $456 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1970-to-2001/
APA: InflationCalculator.com. Inflation from 1970 to 2001. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1970-to-2001/