Between 1971 and 2011, the Consumer Price Index went from 40.5 to 224.939.
Cumulatively, prices increased 455.4%, which works out to an average of
4.38% per year. Put differently, a dollar in 1971 bought what
$0.18 buys in 2011.
Common amounts: 1971 dollars in 2011
Amount in 1971
Value in 2011
$1.00
$5.55
$5.00
$27.77
$10.00
$55.54
$20.00
$111
$50.00
$278
$100
$555
$500
$2,777
$1,000
$5,554
$5,000
$27,770
$10,000
$55,540
$100,000
$555,405
$1,000,000
$5,554,049
Inflation by spending category, 1971–2011
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1971 spending costs in 2011, by category:
Category
Avg. yearly inflation
$100 in 1971 →
All items (CPI-U)
4.38%
$555
Medical care
6.20%
$1,109
Energy
5.71%
$920
Housing
4.48%
$577
Food
4.42%
$564
Transportation
4.29%
$538
Core (all items less food & energy)
4.24%
$527
Apparel
1.75%
$200
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 2011: $100 is worth $555 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1971-to-2011/
APA: InflationCalculator.com. Inflation from 1971 to 2011. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1971-to-2011/