Between 1975 and 1998, the Consumer Price Index went from 53.8 to 163.
Cumulatively, prices increased 203.0%, which works out to an average of
4.94% per year. Put differently, a dollar in 1975 bought what
$0.33 buys in 1998.
Common amounts: 1975 dollars in 1998
Amount in 1975
Value in 1998
$1.00
$3.03
$5.00
$15.15
$10.00
$30.30
$20.00
$60.59
$50.00
$151
$100
$303
$500
$1,515
$1,000
$3,030
$5,000
$15,149
$10,000
$30,297
$100,000
$302,974
$1,000,000
$3,029,740
Inflation by spending category, 1975–1998
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1975 spending costs in 1998, by category:
Category
Avg. yearly inflation
$100 in 1975 →
All items (CPI-U)
4.94%
$303
Medical care
7.34%
$510
Core (all items less food & energy)
5.21%
$322
Housing
5.14%
$316
Transportation
4.62%
$283
Food
4.39%
$269
Energy
3.96%
$244
Apparel
2.67%
$183
Not shown because the BLS began these indexes after 1975: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1975 to 1998: $100 is worth $303 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1975-to-1998/
APA: InflationCalculator.com. Inflation from 1975 to 1998. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1975-to-1998/