Between 1971 and 1992, the Consumer Price Index went from 40.5 to 140.3.
Cumulatively, prices increased 246.4%, which works out to an average of
6.10% per year. Put differently, a dollar in 1971 bought what
$0.29 buys in 1992.
Common amounts: 1971 dollars in 1992
Amount in 1971
Value in 1992
$1.00
$3.46
$5.00
$17.32
$10.00
$34.64
$20.00
$69.28
$50.00
$173
$100
$346
$500
$1,732
$1,000
$3,464
$5,000
$17,321
$10,000
$34,642
$100,000
$346,420
$1,000,000
$3,464,198
Inflation by spending category, 1971–1992
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1971 spending costs in 1992, by category:
Category
Avg. yearly inflation
$100 in 1971 →
All items (CPI-U)
6.10%
$346
Medical care
8.23%
$527
Energy
6.68%
$389
Housing
6.32%
$362
Core (all items less food & energy)
6.07%
$345
Food
6.02%
$341
Transportation
5.70%
$320
Apparel
3.73%
$216
Not shown because the BLS began these indexes after 1971: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1971 to 1992: $100 is worth $346 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1971-to-1992/
APA: InflationCalculator.com. Inflation from 1971 to 1992. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1971-to-1992/