Between 1973 and 1975, the Consumer Price Index went from 44.4 to 53.8.
Cumulatively, prices increased 21.2%, which works out to an average of
10.08% per year. Put differently, a dollar in 1973 bought what
$0.83 buys in 1975.
Common amounts: 1973 dollars in 1975
Amount in 1973
Value in 1975
$1.00
$1.21
$5.00
$6.06
$10.00
$12.12
$20.00
$24.23
$50.00
$60.59
$100
$121
$500
$606
$1,000
$1,212
$5,000
$6,059
$10,000
$12,117
$100,000
$121,171
$1,000,000
$1,211,712
Inflation by spending category, 1973–1975
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1973 spending costs in 1975, by category:
Category
Avg. yearly inflation
$100 in 1973 →
All items (CPI-U)
10.08%
$121
Energy
19.67%
$143
Food
11.39%
$124
Housing
10.93%
$123
Medical care
10.64%
$122
Transportation
10.27%
$122
Core (all items less food & energy)
8.72%
$118
Apparel
5.94%
$112
Not shown because the BLS began these indexes after 1973: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1973 to 1975: $100 is worth $121 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1973-to-1975/
APA: InflationCalculator.com. Inflation from 1973 to 1975. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1973-to-1975/