Between 1972 and 1994, the Consumer Price Index went from 41.8 to 148.2.
Cumulatively, prices increased 254.5%, which works out to an average of
5.92% per year. Put differently, a dollar in 1972 bought what
$0.28 buys in 1994.
Common amounts: 1972 dollars in 1994
Amount in 1972
Value in 1994
$1.00
$3.55
$5.00
$17.73
$10.00
$35.45
$20.00
$70.91
$50.00
$177
$100
$355
$500
$1,773
$1,000
$3,545
$5,000
$17,727
$10,000
$35,455
$100,000
$354,545
$1,000,000
$3,545,455
Inflation by spending category, 1972–1994
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1972 spending costs in 1994, by category:
Category
Avg. yearly inflation
$100 in 1972 →
All items (CPI-U)
5.92%
$355
Medical care
8.20%
$566
Energy
6.31%
$385
Housing
6.09%
$368
Core (all items less food & energy)
5.94%
$356
Food
5.76%
$343
Transportation
5.67%
$337
Apparel
3.52%
$214
Not shown because the BLS began these indexes after 1972: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1972 to 1994: $100 is worth $355 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1972-to-1994/
APA: InflationCalculator.com. Inflation from 1972 to 1994. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1972-to-1994/