Between 1975 and 1976, the Consumer Price Index went from 53.8 to 56.9.
Cumulatively, prices increased 5.8%, which works out to an average of
5.76% per year. Put differently, a dollar in 1975 bought what
$0.95 buys in 1976.
Common amounts: 1975 dollars in 1976
Amount in 1975
Value in 1976
$1.00
$1.06
$5.00
$5.29
$10.00
$10.58
$20.00
$21.15
$50.00
$52.88
$100
$106
$500
$529
$1,000
$1,058
$5,000
$5,288
$10,000
$10,576
$100,000
$105,762
$1,000,000
$1,057,621
Inflation by spending category, 1975–1976
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1975 spending costs in 1976, by category:
Category
Avg. yearly inflation
$100 in 1975 →
All items (CPI-U)
5.76%
$106
Transportation
9.98%
$110
Medical care
9.47%
$109
Energy
7.13%
$107
Core (all items less food & energy)
6.49%
$106
Housing
6.11%
$106
Apparel
3.72%
$104
Food
3.01%
$103
Not shown because the BLS began these indexes after 1975: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1975 to 1976: $100 is worth $106 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1975-to-1976/
APA: InflationCalculator.com. Inflation from 1975 to 1976. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1975-to-1976/