Between 1972 and 1996, the Consumer Price Index went from 41.8 to 156.9.
Cumulatively, prices increased 275.4%, which works out to an average of
5.67% per year. Put differently, a dollar in 1972 bought what
$0.27 buys in 1996.
Common amounts: 1972 dollars in 1996
Amount in 1972
Value in 1996
$1.00
$3.75
$5.00
$18.77
$10.00
$37.54
$20.00
$75.07
$50.00
$188
$100
$375
$500
$1,877
$1,000
$3,754
$5,000
$18,768
$10,000
$37,536
$100,000
$375,359
$1,000,000
$3,753,589
Inflation by spending category, 1972–1996
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1972 spending costs in 1996, by category:
Category
Avg. yearly inflation
$100 in 1972 →
All items (CPI-U)
5.67%
$375
Medical care
7.84%
$612
Energy
6.00%
$405
Housing
5.81%
$388
Core (all items less food & energy)
5.68%
$376
Food
5.53%
$364
Transportation
5.46%
$358
Apparel
3.17%
$211
Not shown because the BLS began these indexes after 1972: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1972 to 1996: $100 is worth $375 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1972-to-1996/
APA: InflationCalculator.com. Inflation from 1972 to 1996. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1972-to-1996/