U.S. inflation · 1973–1974

Value of $100 in 1973, adjusted to 1974

$100 in 1973 has the same buying power as

$111

in 1974

$100$106$11119731974$100 · 1973$111 · 1974
Detailed inflation statistics
Cumulative price change11.0%
Average inflation rate11.04% per year
Converted amount ($100 base)$111
Price difference ($100 base)$11.04
CPI in 197344.4
CPI in 197449.3
Inflation in 19736.22%
Inflation in 197411.04%
$100 in 19731974$111
$100 in 19741973$90.06

What happened to prices between 1973 and 1974

Between 1973 and 1974, the Consumer Price Index went from 44.4 to 49.3. Cumulatively, prices increased 11.0%, which works out to an average of 11.04% per year. Put differently, a dollar in 1973 bought what $0.90 buys in 1974.

Common amounts: 1973 dollars in 1974

Amount in 1973Value in 1974
$1.00$1.11
$5.00$5.55
$10.00$11.10
$20.00$22.21
$50.00$55.52
$100$111
$500$555
$1,000$1,110
$5,000$5,552
$10,000$11,104
$100,000$111,036
$1,000,000$1,110,360

Inflation by spending category, 1973–1974

The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 1973 spending costs in 1974, by category:

Category Avg. yearly inflation $100 in 1973 →
All items (CPI-U) 11.04% $111
Energy 29.59% $130
Food 14.32% $114
Housing 11.17% $111
Transportation 11.17% $111
Medical care 9.28% $109
Core (all items less food & energy) 8.33% $108
Apparel 7.43% $107

Not shown because the BLS began these indexes after 1973: recreation (1993–), education & communication (1993–).

Year by year: CPI and the value of $100 from 1973

Year CPI Inflation rate $100 from 1973
1973 44.4 6.2% $100
1974 49.3 11.0% $111

Cite this page

MLA: “Inflation from 1973 to 1974: $100 is worth $111 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1973-to-1974/

APA: InflationCalculator.com. Inflation from 1973 to 1974. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1973-to-1974/

Source: U.S. Bureau of Labor Statistics, CPI-U annual averages (series CUUR0000SA0; category indexes listed on the data sources page). See how these numbers are calculated.