Between 1975 and 1978, the Consumer Price Index went from 53.8 to 65.2.
Cumulatively, prices increased 21.2%, which works out to an average of
6.62% per year. Put differently, a dollar in 1975 bought what
$0.83 buys in 1978.
Common amounts: 1975 dollars in 1978
Amount in 1975
Value in 1978
$1.00
$1.21
$5.00
$6.06
$10.00
$12.12
$20.00
$24.24
$50.00
$60.59
$100
$121
$500
$606
$1,000
$1,212
$5,000
$6,059
$10,000
$12,119
$100,000
$121,190
$1,000,000
$1,211,896
Inflation by spending category, 1975–1978
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1975 spending costs in 1978, by category:
Category
Avg. yearly inflation
$100 in 1975 →
All items (CPI-U)
6.62%
$121
Medical care
9.17%
$130
Energy
7.64%
$125
Transportation
7.19%
$123
Housing
7.17%
$123
Core (all items less food & energy)
6.71%
$122
Food
6.38%
$120
Apparel
3.94%
$112
Not shown because the BLS began these indexes after 1975: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1975 to 1978: $100 is worth $121 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1975-to-1978/
APA: InflationCalculator.com. Inflation from 1975 to 1978. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1975-to-1978/