Between 1973 and 1977, the Consumer Price Index went from 44.4 to 60.6.
Cumulatively, prices increased 36.5%, which works out to an average of
8.09% per year. Put differently, a dollar in 1973 bought what
$0.73 buys in 1977.
Common amounts: 1973 dollars in 1977
Amount in 1973
Value in 1977
$1.00
$1.36
$5.00
$6.82
$10.00
$13.65
$20.00
$27.30
$50.00
$68.24
$100
$136
$500
$682
$1,000
$1,365
$5,000
$6,824
$10,000
$13,649
$100,000
$136,486
$1,000,000
$1,364,865
Inflation by spending category, 1973–1977
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1973 spending costs in 1977, by category:
Category
Avg. yearly inflation
$100 in 1973 →
All items (CPI-U)
8.09%
$136
Energy
13.85%
$168
Medical care
10.09%
$147
Transportation
9.39%
$143
Housing
8.64%
$139
Food
7.97%
$136
Core (all items less food & energy)
7.55%
$134
Apparel
5.03%
$122
Not shown because the BLS began these indexes after 1973: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1973 to 1977: $100 is worth $136 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1973-to-1977/
APA: InflationCalculator.com. Inflation from 1973 to 1977. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1973-to-1977/