Between 1974 and 1993, the Consumer Price Index went from 49.3 to 144.5.
Cumulatively, prices increased 193.1%, which works out to an average of
5.82% per year. Put differently, a dollar in 1974 bought what
$0.34 buys in 1993.
Common amounts: 1974 dollars in 1993
Amount in 1974
Value in 1993
$1.00
$2.93
$5.00
$14.66
$10.00
$29.31
$20.00
$58.62
$50.00
$147
$100
$293
$500
$1,466
$1,000
$2,931
$5,000
$14,655
$10,000
$29,310
$100,000
$293,103
$1,000,000
$2,931,034
Inflation by spending category, 1974–1993
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1974 spending costs in 1993, by category:
Category
Avg. yearly inflation
$100 in 1974 →
All items (CPI-U)
5.82%
$293
Medical care
8.55%
$475
Housing
6.10%
$308
Core (all items less food & energy)
6.10%
$308
Transportation
5.66%
$285
Energy
5.44%
$273
Food
5.07%
$256
Apparel
3.51%
$193
Not shown because the BLS began these indexes after 1974: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1974 to 1993: $100 is worth $293 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1974-to-1993/
APA: InflationCalculator.com. Inflation from 1974 to 1993. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1974-to-1993/