Between 1971 and 2017, the Consumer Price Index went from 40.5 to 245.12.
Cumulatively, prices increased 505.2%, which works out to an average of
3.99% per year. Put differently, a dollar in 1971 bought what
$0.17 buys in 2017.
Common amounts: 1971 dollars in 2017
Amount in 1971
Value in 2017
$1.00
$6.05
$5.00
$30.26
$10.00
$60.52
$20.00
$121
$50.00
$303
$100
$605
$500
$3,026
$1,000
$6,052
$5,000
$30,262
$10,000
$60,523
$100,000
$605,235
$1,000,000
$6,052,346
Inflation by spending category, 1971–2017
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1971 spending costs in 2017, by category:
Category
Avg. yearly inflation
$100 in 1971 →
All items (CPI-U)
3.99%
$605
Medical care
5.76%
$1,317
Energy
4.54%
$772
Housing
4.19%
$661
Food
4.04%
$619
Core (all items less food & energy)
3.94%
$591
Transportation
3.61%
$510
Apparel
1.58%
$206
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 2017: $100 is worth $605 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1971-to-2017/
APA: InflationCalculator.com. Inflation from 1971 to 2017. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1971-to-2017/