Between 1972 and 1997, the Consumer Price Index went from 41.8 to 160.5.
Cumulatively, prices increased 284.0%, which works out to an average of
5.53% per year. Put differently, a dollar in 1972 bought what
$0.26 buys in 1997.
Common amounts: 1972 dollars in 1997
Amount in 1972
Value in 1997
$1.00
$3.84
$5.00
$19.20
$10.00
$38.40
$20.00
$76.79
$50.00
$192
$100
$384
$500
$1,920
$1,000
$3,840
$5,000
$19,199
$10,000
$38,397
$100,000
$383,971
$1,000,000
$3,839,713
Inflation by spending category, 1972–1997
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1972 spending costs in 1997, by category:
Category
Avg. yearly inflation
$100 in 1972 →
All items (CPI-U)
5.53%
$384
Medical care
7.63%
$629
Energy
5.81%
$410
Housing
5.68%
$398
Core (all items less food & energy)
5.54%
$385
Food
5.41%
$374
Transportation
5.28%
$362
Apparel
3.08%
$213
Not shown because the BLS began these indexes after 1972: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1972 to 1997: $100 is worth $384 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1972-to-1997/
APA: InflationCalculator.com. Inflation from 1972 to 1997. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1972-to-1997/