Between 1974 and 1975, the Consumer Price Index went from 49.3 to 53.8.
Cumulatively, prices increased 9.1%, which works out to an average of
9.13% per year. Put differently, a dollar in 1974 bought what
$0.92 buys in 1975.
Common amounts: 1974 dollars in 1975
Amount in 1974
Value in 1975
$1.00
$1.09
$5.00
$5.46
$10.00
$10.91
$20.00
$21.83
$50.00
$54.56
$100
$109
$500
$546
$1,000
$1,091
$5,000
$5,456
$10,000
$10,913
$100,000
$109,128
$1,000,000
$1,091,278
Inflation by spending category, 1974–1975
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1974 spending costs in 1975, by category:
Category
Avg. yearly inflation
$100 in 1974 →
All items (CPI-U)
9.13%
$109
Medical care
12.03%
$112
Housing
10.70%
$111
Energy
10.50%
$110
Transportation
9.39%
$109
Core (all items less food & energy)
9.11%
$109
Food
8.53%
$109
Apparel
4.47%
$104
Not shown because the BLS began these indexes after 1974: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1974 to 1975: $100 is worth $109 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1974-to-1975/
APA: InflationCalculator.com. Inflation from 1974 to 1975. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1974-to-1975/