Between 1973 and 2022, the Consumer Price Index went from 44.4 to 292.655.
Cumulatively, prices increased 559.1%, which works out to an average of
3.92% per year. Put differently, a dollar in 1973 bought what
$0.15 buys in 2022.
Common amounts: 1973 dollars in 2022
Amount in 1973
Value in 2022
$1.00
$6.59
$5.00
$32.96
$10.00
$65.91
$20.00
$132
$50.00
$330
$100
$659
$500
$3,296
$1,000
$6,591
$5,000
$32,957
$10,000
$65,913
$100,000
$659,133
$1,000,000
$6,591,329
Inflation by spending category, 1973–2022
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1973 spending costs in 2022, by category:
Category
Avg. yearly inflation
$100 in 1973 →
All items (CPI-U)
3.92%
$659
Medical care
5.55%
$1,409
Energy
4.84%
$1,015
Housing
4.14%
$730
Transportation
3.88%
$646
Core (all items less food & energy)
3.88%
$645
Food
3.84%
$634
Apparel
1.39%
$197
Not shown because the BLS began these indexes after 1973: recreation (1993–), education & communication (1993–).
Long periods are sampled every 2 years; the calculator above covers any pair of years.
The destination year: 2022
2022 was the year inflation returned. Consumer prices rose 8.0% on average,
the worst since 1981, driven by pandemic-era supply chains, stimulus-fueled
demand, and an energy shock from the war in Ukraine. Gas briefly topped $5 a
gallon nationally for the first time ever, and “inflation” became the
top-ranked economic concern in nearly every poll of American households.
MLA: “Inflation from 1973 to 2022: $100 is worth $659 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1973-to-2022/
APA: InflationCalculator.com. Inflation from 1973 to 2022. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1973-to-2022/