Between 1973 and 1994, the Consumer Price Index went from 44.4 to 148.2.
Cumulatively, prices increased 233.8%, which works out to an average of
5.91% per year. Put differently, a dollar in 1973 bought what
$0.30 buys in 1994.
Common amounts: 1973 dollars in 1994
Amount in 1973
Value in 1994
$1.00
$3.34
$5.00
$16.69
$10.00
$33.38
$20.00
$66.76
$50.00
$167
$100
$334
$500
$1,669
$1,000
$3,338
$5,000
$16,689
$10,000
$33,378
$100,000
$333,784
$1,000,000
$3,337,838
Inflation by spending category, 1973–1994
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1973 spending costs in 1994, by category:
Category
Avg. yearly inflation
$100 in 1973 →
All items (CPI-U)
5.91%
$334
Medical care
8.40%
$544
Energy
6.23%
$356
Housing
6.17%
$351
Core (all items less food & energy)
6.05%
$343
Transportation
5.79%
$326
Food
5.36%
$299
Apparel
3.51%
$207
Not shown because the BLS began these indexes after 1973: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1973 to 1994: $100 is worth $334 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1973-to-1994/
APA: InflationCalculator.com. Inflation from 1973 to 1994. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1973-to-1994/