Between 1970 and 2014, the Consumer Price Index went from 38.8 to 236.736.
Cumulatively, prices increased 510.1%, which works out to an average of
4.20% per year. Put differently, a dollar in 1970 bought what
$0.16 buys in 2014.
Common amounts: 1970 dollars in 2014
Amount in 1970
Value in 2014
$1.00
$6.10
$5.00
$30.51
$10.00
$61.01
$20.00
$122
$50.00
$305
$100
$610
$500
$3,051
$1,000
$6,101
$5,000
$30,507
$10,000
$61,014
$100,000
$610,144
$1,000,000
$6,101,443
Inflation by spending category, 1970–2014
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1970 spending costs in 2014, by category:
Category
Avg. yearly inflation
$100 in 1970 →
All items (CPI-U)
4.20%
$610
Medical care
5.97%
$1,280
Energy
5.26%
$955
Housing
4.31%
$641
Food
4.23%
$619
Core (all items less food & energy)
4.09%
$583
Transportation
4.06%
$576
Apparel
1.76%
$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 2014: $100 is worth $610 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1970-to-2014/
APA: InflationCalculator.com. Inflation from 1970 to 2014. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1970-to-2014/