Between 1974 and 2016, the Consumer Price Index went from 49.3 to 240.007.
Cumulatively, prices increased 386.8%, which works out to an average of
3.84% per year. Put differently, a dollar in 1974 bought what
$0.21 buys in 2016.
Common amounts: 1974 dollars in 2016
Amount in 1974
Value in 2016
$1.00
$4.87
$5.00
$24.34
$10.00
$48.68
$20.00
$97.37
$50.00
$243
$100
$487
$500
$2,434
$1,000
$4,868
$5,000
$24,341
$10,000
$48,683
$100,000
$486,830
$1,000,000
$4,868,296
Inflation by spending category, 1974–2016
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1974 spending costs in 2016, by category:
Category
Avg. yearly inflation
$100 in 1974 →
All items (CPI-U)
3.84%
$487
Medical care
5.86%
$1,094
Housing
4.06%
$533
Core (all items less food & energy)
3.91%
$501
Energy
3.89%
$497
Food
3.65%
$450
Transportation
3.51%
$426
Apparel
1.43%
$182
Not shown because the BLS began these indexes after 1974: recreation (1993–), education & communication (1993–).
Long periods are sampled every 2 years; the calculator above covers any pair of years.
Cite this page
MLA: “Inflation from 1974 to 2016: $100 is worth $487 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1974-to-2016/
APA: InflationCalculator.com. Inflation from 1974 to 2016. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1974-to-2016/