Between 1971 and 2012, the Consumer Price Index went from 40.5 to 229.594.
Cumulatively, prices increased 466.9%, which works out to an average of
4.32% per year. Put differently, a dollar in 1971 bought what
$0.18 buys in 2012.
Common amounts: 1971 dollars in 2012
Amount in 1971
Value in 2012
$1.00
$5.67
$5.00
$28.34
$10.00
$56.69
$20.00
$113
$50.00
$283
$100
$567
$500
$2,834
$1,000
$5,669
$5,000
$28,345
$10,000
$56,690
$100,000
$566,899
$1,000,000
$5,668,988
Inflation by spending category, 1971–2012
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1971 spending costs in 2012, by category:
Category
Avg. yearly inflation
$100 in 1971 →
All items (CPI-U)
4.32%
$567
Medical care
6.14%
$1,149
Energy
5.59%
$929
Housing
4.41%
$586
Food
4.37%
$579
Transportation
4.25%
$550
Core (all items less food & energy)
4.19%
$538
Apparel
1.79%
$207
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 2012: $100 is worth $567 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1971-to-2012/
APA: InflationCalculator.com. Inflation from 1971 to 2012. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1971-to-2012/