U.S. inflation · 1973–1996
$100 in 1973 has the same buying power as
$353
in 1996
| Cumulative price change | 253.4% |
|---|---|
| Average inflation rate | 5.64% per year |
| Converted amount ($100 base) | $353 |
| Price difference ($100 base) | $253 |
| CPI in 1973 | 44.4 |
| CPI in 1996 | 156.9 |
| Inflation in 1973 | 6.22% |
| Inflation in 1996 | 2.95% |
| $100 in 1973 → 1996 | $353 |
| $100 in 1996 → 1973 | $28.30 |
Between 1973 and 1996, the Consumer Price Index went from 44.4 to 156.9. Cumulatively, prices increased 253.4%, which works out to an average of 5.64% per year. Put differently, a dollar in 1973 bought what $0.28 buys in 1996.
| Amount in 1973 | Value in 1996 |
|---|---|
| $1.00 | $3.53 |
| $5.00 | $17.67 |
| $10.00 | $35.34 |
| $20.00 | $70.68 |
| $50.00 | $177 |
| $100 | $353 |
| $500 | $1,767 |
| $1,000 | $3,534 |
| $5,000 | $17,669 |
| $10,000 | $35,338 |
| $100,000 | $353,378 |
| $1,000,000 | $3,533,784 |
The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 1973 spending costs in 1996, by category:
| Category | Avg. yearly inflation | $100 in 1973 → |
|---|---|---|
| All items (CPI-U) | 5.64% | $353 |
| Medical care | 8.01% | $588 |
| Energy | 5.91% | $374 |
| Housing | 5.86% | $371 |
| Core (all items less food & energy) | 5.77% | $363 |
| Transportation | 5.56% | $347 |
| Food | 5.16% | $318 |
| Apparel | 3.15% | $204 |
Not shown because the BLS began these indexes after 1973: recreation (1993–), education & communication (1993–).
| Year | CPI | Inflation rate | $100 from 1973 |
|---|---|---|---|
| 1973 | 44.4 | 6.2% | $100 |
| 1974 | 49.3 | 11.0% | $111 |
| 1975 | 53.8 | 9.1% | $121 |
| 1976 | 56.9 | 5.8% | $128 |
| 1977 | 60.6 | 6.5% | $136 |
| 1978 | 65.2 | 7.6% | $147 |
| 1979 | 72.6 | 11.3% | $164 |
| 1980 | 82.4 | 13.5% | $186 |
| 1981 | 90.9 | 10.3% | $205 |
| 1982 | 96.5 | 6.2% | $217 |
| 1983 | 99.6 | 3.2% | $224 |
| 1984 | 103.9 | 4.3% | $234 |
| 1985 | 107.6 | 3.6% | $242 |
| 1986 | 109.6 | 1.9% | $247 |
| 1987 | 113.6 | 3.6% | $256 |
| 1988 | 118.3 | 4.1% | $266 |
| 1989 | 124 | 4.8% | $279 |
| 1990 | 130.7 | 5.4% | $294 |
| 1991 | 136.2 | 4.2% | $307 |
| 1992 | 140.3 | 3.0% | $316 |
| 1993 | 144.5 | 3.0% | $325 |
| 1994 | 148.2 | 2.6% | $334 |
| 1995 | 152.4 | 2.8% | $343 |
| 1996 | 156.9 | 3.0% | $353 |
MLA: “Inflation from 1973 to 1996: $100 is worth $353 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1973-to-1996/
APA: InflationCalculator.com. Inflation from 1973 to 1996. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1973-to-1996/
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.