Between 1972 and 1977, the Consumer Price Index went from 41.8 to 60.6.
Cumulatively, prices increased 45.0%, which works out to an average of
7.71% per year. Put differently, a dollar in 1972 bought what
$0.69 buys in 1977.
Common amounts: 1972 dollars in 1977
Amount in 1972
Value in 1977
$1.00
$1.45
$5.00
$7.25
$10.00
$14.50
$20.00
$29.00
$50.00
$72.49
$100
$145
$500
$725
$1,000
$1,450
$5,000
$7,249
$10,000
$14,498
$100,000
$144,976
$1,000,000
$1,449,761
Inflation by spending category, 1972–1977
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1972 spending costs in 1977, by category:
Category
Avg. yearly inflation
$100 in 1972 →
All items (CPI-U)
7.71%
$145
Energy
12.68%
$182
Food
9.24%
$156
Medical care
8.85%
$153
Transportation
8.14%
$148
Housing
7.82%
$146
Core (all items less food & energy)
6.75%
$139
Apparel
4.76%
$126
Not shown because the BLS began these indexes after 1972: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1972 to 1977: $100 is worth $145 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1972-to-1977/
APA: InflationCalculator.com. Inflation from 1972 to 1977. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1972-to-1977/