Between 1974 and 1994, the Consumer Price Index went from 49.3 to 148.2.
Cumulatively, prices increased 200.6%, which works out to an average of
5.66% per year. Put differently, a dollar in 1974 bought what
$0.33 buys in 1994.
Common amounts: 1974 dollars in 1994
Amount in 1974
Value in 1994
$1.00
$3.01
$5.00
$15.03
$10.00
$30.06
$20.00
$60.12
$50.00
$150
$100
$301
$500
$1,503
$1,000
$3,006
$5,000
$15,030
$10,000
$30,061
$100,000
$300,609
$1,000,000
$3,006,085
Inflation by spending category, 1974–1994
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1974 spending costs in 1994, by category:
Category
Avg. yearly inflation
$100 in 1974 →
All items (CPI-U)
5.66%
$301
Medical care
8.35%
$498
Core (all items less food & energy)
5.93%
$317
Housing
5.92%
$316
Transportation
5.53%
$293
Energy
5.18%
$275
Food
4.93%
$262
Apparel
3.32%
$192
Not shown because the BLS began these indexes after 1974: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1974 to 1994: $100 is worth $301 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1974-to-1994/
APA: InflationCalculator.com. Inflation from 1974 to 1994. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1974-to-1994/