Between 1974 and 2024, the Consumer Price Index went from 49.3 to 313.689.
Cumulatively, prices increased 536.3%, which works out to an average of
3.77% per year. Put differently, a dollar in 1974 bought what
$0.16 buys in 2024.
Common amounts: 1974 dollars in 2024
Amount in 1974
Value in 2024
$1.00
$6.36
$5.00
$31.81
$10.00
$63.63
$20.00
$127
$50.00
$318
$100
$636
$500
$3,181
$1,000
$6,363
$5,000
$31,814
$10,000
$63,629
$100,000
$636,286
$1,000,000
$6,362,860
Inflation by spending category, 1974–2024
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1974 spending costs in 2024, by category:
Category
Avg. yearly inflation
$100 in 1974 →
All items (CPI-U)
3.77%
$636
Medical care
5.31%
$1,330
Energy
4.07%
$734
Housing
4.05%
$730
Core (all items less food & energy)
3.80%
$646
Food
3.65%
$599
Transportation
3.62%
$591
Apparel
1.29%
$189
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 2024: $100 is worth $636 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1974-to-2024/
APA: InflationCalculator.com. Inflation from 1974 to 2024. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1974-to-2024/