U.S. inflation · 1974–1977

Value of $100 in 1974, adjusted to 1977

$100 in 1974 has the same buying power as

$123

in 1977

$100$111$12319741977$100 · 1974$123 · 1977
Detailed inflation statistics
Cumulative price change22.9%
Average inflation rate7.12% per year
Converted amount ($100 base)$123
Price difference ($100 base)$22.92
CPI in 197449.3
CPI in 197760.6
Inflation in 197411.04%
Inflation in 19776.50%
$100 in 19741977$123
$100 in 19771974$81.35

What happened to prices between 1974 and 1977

Between 1974 and 1977, the Consumer Price Index went from 49.3 to 60.6. Cumulatively, prices increased 22.9%, which works out to an average of 7.12% per year. Put differently, a dollar in 1974 bought what $0.81 buys in 1977.

Common amounts: 1974 dollars in 1977

Amount in 1974Value in 1977
$1.00$1.23
$5.00$6.15
$10.00$12.29
$20.00$24.58
$50.00$61.46
$100$123
$500$615
$1,000$1,229
$5,000$6,146
$10,000$12,292
$100,000$122,921
$1,000,000$1,229,209

Inflation by spending category, 1974–1977

The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 1974 spending costs in 1977, by category:

Category Avg. yearly inflation $100 in 1974 →
All items (CPI-U) 7.12% $123
Medical care 10.37% $134
Energy 9.04% $130
Transportation 8.81% $129
Housing 7.82% $125
Core (all items less food & energy) 7.28% $123
Food 5.93% $119
Apparel 4.24% $113

Not shown because the BLS began these indexes after 1974: recreation (1993–), education & communication (1993–).

Year by year: CPI and the value of $100 from 1974

Year CPI Inflation rate $100 from 1974
1974 49.3 11.0% $100
1975 53.8 9.1% $109
1976 56.9 5.8% $115
1977 60.6 6.5% $123

Cite this page

MLA: “Inflation from 1974 to 1977: $100 is worth $123 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1974-to-1977/

APA: InflationCalculator.com. Inflation from 1974 to 1977. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1974-to-1977/

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.