Between 1974 and 2017, the Consumer Price Index went from 49.3 to 245.12.
Cumulatively, prices increased 397.2%, which works out to an average of
3.80% per year. Put differently, a dollar in 1974 bought what
$0.20 buys in 2017.
Common amounts: 1974 dollars in 2017
Amount in 1974
Value in 2017
$1.00
$4.97
$5.00
$24.86
$10.00
$49.72
$20.00
$99.44
$50.00
$249
$100
$497
$500
$2,486
$1,000
$4,972
$5,000
$24,860
$10,000
$49,720
$100,000
$497,201
$1,000,000
$4,972,008
Inflation by spending category, 1974–2017
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1974 spending costs in 2017, by category:
Category
Avg. yearly inflation
$100 in 1974 →
All items (CPI-U)
3.80%
$497
Medical care
5.78%
$1,121
Housing
4.04%
$549
Energy
3.99%
$537
Core (all items less food & energy)
3.86%
$510
Food
3.58%
$454
Transportation
3.51%
$440
Apparel
1.39%
$181
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 2017: $100 is worth $497 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1974-to-2017/
APA: InflationCalculator.com. Inflation from 1974 to 2017. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1974-to-2017/