Between 1974 and 1982, the Consumer Price Index went from 49.3 to 96.5.
Cumulatively, prices increased 95.7%, which works out to an average of
8.76% per year. Put differently, a dollar in 1974 bought what
$0.51 buys in 1982.
Common amounts: 1974 dollars in 1982
Amount in 1974
Value in 1982
$1.00
$1.96
$5.00
$9.79
$10.00
$19.57
$20.00
$39.15
$50.00
$97.87
$100
$196
$500
$979
$1,000
$1,957
$5,000
$9,787
$10,000
$19,574
$100,000
$195,740
$1,000,000
$1,957,404
Inflation by spending category, 1974–1982
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1974 spending costs in 1982, by category:
Category
Avg. yearly inflation
$100 in 1974 →
All items (CPI-U)
8.76%
$196
Energy
12.71%
$260
Medical care
10.24%
$218
Transportation
9.83%
$212
Housing
9.82%
$212
Core (all items less food & energy)
8.63%
$194
Food
7.38%
$177
Apparel
4.38%
$141
Not shown because the BLS began these indexes after 1974: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1974 to 1982: $100 is worth $196 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1974-to-1982/
APA: InflationCalculator.com. Inflation from 1974 to 1982. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1974-to-1982/