Between 1974 and 2001, the Consumer Price Index went from 49.3 to 177.1.
Cumulatively, prices increased 259.2%, which works out to an average of
4.85% per year. Put differently, a dollar in 1974 bought what
$0.28 buys in 2001.
Common amounts: 1974 dollars in 2001
Amount in 1974
Value in 2001
$1.00
$3.59
$5.00
$17.96
$10.00
$35.92
$20.00
$71.85
$50.00
$180
$100
$359
$500
$1,796
$1,000
$3,592
$5,000
$17,961
$10,000
$35,923
$100,000
$359,229
$1,000,000
$3,592,292
Inflation by spending category, 1974–2001
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1974 spending costs in 2001, by category:
Category
Avg. yearly inflation
$100 in 1974 →
All items (CPI-U)
4.85%
$359
Medical care
7.14%
$643
Housing
5.12%
$385
Core (all items less food & energy)
5.04%
$377
Energy
4.63%
$339
Transportation
4.60%
$337
Food
4.33%
$314
Apparel
2.27%
$183
Not shown because the BLS began these indexes after 1974: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1974 to 2001: $100 is worth $359 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1974-to-2001/
APA: InflationCalculator.com. Inflation from 1974 to 2001. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1974-to-2001/