Between 1971 and 1975, the Consumer Price Index went from 40.5 to 53.8.
Cumulatively, prices increased 32.8%, which works out to an average of
7.36% per year. Put differently, a dollar in 1971 bought what
$0.75 buys in 1975.
Common amounts: 1971 dollars in 1975
Amount in 1971
Value in 1975
$1.00
$1.33
$5.00
$6.64
$10.00
$13.28
$20.00
$26.57
$50.00
$66.42
$100
$133
$500
$664
$1,000
$1,328
$5,000
$6,642
$10,000
$13,284
$100,000
$132,840
$1,000,000
$1,328,395
Inflation by spending category, 1971–1975
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1971 spending costs in 1975, by category:
Category
Avg. yearly inflation
$100 in 1971 →
All items (CPI-U)
7.36%
$133
Energy
12.27%
$159
Food
10.30%
$148
Housing
7.47%
$133
Medical care
7.10%
$132
Transportation
6.12%
$127
Core (all items less food & energy)
6.00%
$126
Apparel
4.37%
$119
Not shown because the BLS began these indexes after 1971: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1971 to 1975: $100 is worth $133 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1971-to-1975/
APA: InflationCalculator.com. Inflation from 1971 to 1975. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1971-to-1975/