Between 1971 and 2005, the Consumer Price Index went from 40.5 to 195.3.
Cumulatively, prices increased 382.2%, which works out to an average of
4.74% per year. Put differently, a dollar in 1971 bought what
$0.21 buys in 2005.
Common amounts: 1971 dollars in 2005
Amount in 1971
Value in 2005
$1.00
$4.82
$5.00
$24.11
$10.00
$48.22
$20.00
$96.44
$50.00
$241
$100
$482
$500
$2,411
$1,000
$4,822
$5,000
$24,111
$10,000
$48,222
$100,000
$482,222
$1,000,000
$4,822,222
Inflation by spending category, 1971–2005
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1971 spending costs in 2005, by category:
Category
Avg. yearly inflation
$100 in 1971 →
All items (CPI-U)
4.74%
$482
Medical care
6.66%
$895
Energy
5.75%
$668
Housing
4.94%
$515
Food
4.67%
$472
Core (all items less food & energy)
4.66%
$470
Transportation
4.46%
$440
Apparel
1.99%
$196
Not shown because the BLS began these indexes after 1971: 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 1971 to 2005: $100 is worth $482 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1971-to-2005/
APA: InflationCalculator.com. Inflation from 1971 to 2005. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1971-to-2005/