Between 1971 and 1993, the Consumer Price Index went from 40.5 to 144.5.
Cumulatively, prices increased 256.8%, which works out to an average of
5.95% per year. Put differently, a dollar in 1971 bought what
$0.28 buys in 1993.
Common amounts: 1971 dollars in 1993
Amount in 1971
Value in 1993
$1.00
$3.57
$5.00
$17.84
$10.00
$35.68
$20.00
$71.36
$50.00
$178
$100
$357
$500
$1,784
$1,000
$3,568
$5,000
$17,840
$10,000
$35,679
$100,000
$356,790
$1,000,000
$3,567,901
Inflation by spending category, 1971–1993
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1971 spending costs in 1993, by category:
Category
Avg. yearly inflation
$100 in 1971 →
All items (CPI-U)
5.95%
$357
Medical care
8.13%
$558
Energy
6.42%
$393
Housing
6.15%
$372
Core (all items less food & energy)
5.95%
$356
Food
5.84%
$349
Transportation
5.58%
$330
Apparel
3.62%
$219
Not shown because the BLS began these indexes after 1971: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1971 to 1993: $100 is worth $357 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1971-to-1993/
APA: InflationCalculator.com. Inflation from 1971 to 1993. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1971-to-1993/