Between 1970 and 2017, the Consumer Price Index went from 38.8 to 245.12.
Cumulatively, prices increased 531.8%, which works out to an average of
4.00% per year. Put differently, a dollar in 1970 bought what
$0.16 buys in 2017.
Common amounts: 1970 dollars in 2017
Amount in 1970
Value in 2017
$1.00
$6.32
$5.00
$31.59
$10.00
$63.18
$20.00
$126
$50.00
$316
$100
$632
$500
$3,159
$1,000
$6,318
$5,000
$31,588
$10,000
$63,175
$100,000
$631,753
$1,000,000
$6,317,526
Inflation by spending category, 1970–2017
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1970 spending costs in 2017, by category:
Category
Avg. yearly inflation
$100 in 1970 →
All items (CPI-U)
4.00%
$632
Medical care
5.77%
$1,398
Energy
4.53%
$802
Housing
4.20%
$690
Food
4.02%
$638
Core (all items less food & energy)
3.95%
$618
Transportation
3.64%
$538
Apparel
1.61%
$212
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 2017: $100 is worth $632 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1970-to-2017/
APA: InflationCalculator.com. Inflation from 1970 to 2017. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1970-to-2017/