Between 1970 and 2011, the Consumer Price Index went from 38.8 to 224.939.
Cumulatively, prices increased 479.7%, which works out to an average of
4.38% per year. Put differently, a dollar in 1970 bought what
$0.17 buys in 2011.
Common amounts: 1970 dollars in 2011
Amount in 1970
Value in 2011
$1.00
$5.80
$5.00
$28.99
$10.00
$57.97
$20.00
$116
$50.00
$290
$100
$580
$500
$2,899
$1,000
$5,797
$5,000
$28,987
$10,000
$57,974
$100,000
$579,740
$1,000,000
$5,797,397
Inflation by spending category, 1970–2011
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1970 spending costs in 2011, by category:
Category
Avg. yearly inflation
$100 in 1970 →
All items (CPI-U)
4.38%
$580
Medical care
6.20%
$1,177
Energy
5.66%
$957
Housing
4.48%
$602
Food
4.39%
$581
Transportation
4.32%
$566
Core (all items less food & energy)
4.25%
$551
Apparel
1.78%
$206
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 2011: $100 is worth $580 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1970-to-2011/
APA: InflationCalculator.com. Inflation from 1970 to 2011. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1970-to-2011/