Between 1971 and 2007, the Consumer Price Index went from 40.5 to 207.342.
Cumulatively, prices increased 412.0%, which works out to an average of
4.64% per year. Put differently, a dollar in 1971 bought what
$0.20 buys in 2007.
Common amounts: 1971 dollars in 2007
Amount in 1971
Value in 2007
$1.00
$5.12
$5.00
$25.60
$10.00
$51.20
$20.00
$102
$50.00
$256
$100
$512
$500
$2,560
$1,000
$5,120
$5,000
$25,598
$10,000
$51,196
$100,000
$511,956
$1,000,000
$5,119,556
Inflation by spending category, 1971–2007
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1971 spending costs in 2007, by category:
Category
Avg. yearly inflation
$100 in 1971 →
All items (CPI-U)
4.64%
$512
Medical care
6.52%
$972
Energy
5.89%
$784
Housing
4.86%
$552
Food
4.59%
$502
Core (all items less food & energy)
4.53%
$494
Transportation
4.38%
$468
Apparel
1.87%
$195
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 2007: $100 is worth $512 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1971-to-2007/
APA: InflationCalculator.com. Inflation from 1971 to 2007. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1971-to-2007/