Between 1971 and 1999, the Consumer Price Index went from 40.5 to 166.6.
Cumulatively, prices increased 311.4%, which works out to an average of
5.18% per year. Put differently, a dollar in 1971 bought what
$0.24 buys in 1999.
Common amounts: 1971 dollars in 1999
Amount in 1971
Value in 1999
$1.00
$4.11
$5.00
$20.57
$10.00
$41.14
$20.00
$82.27
$50.00
$206
$100
$411
$500
$2,057
$1,000
$4,114
$5,000
$20,568
$10,000
$41,136
$100,000
$411,358
$1,000,000
$4,113,580
Inflation by spending category, 1971–1999
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1971 spending costs in 1999, by category:
Category
Avg. yearly inflation
$100 in 1971 →
All items (CPI-U)
5.18%
$411
Medical care
7.16%
$694
Housing
5.36%
$431
Core (all items less food & energy)
5.21%
$415
Food
5.13%
$406
Energy
5.10%
$402
Transportation
4.74%
$366
Apparel
2.77%
$215
Not shown because the BLS began these indexes after 1971: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1971 to 1999: $100 is worth $411 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1971-to-1999/
APA: InflationCalculator.com. Inflation from 1971 to 1999. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1971-to-1999/