Between 1975 and 2003, the Consumer Price Index went from 53.8 to 184.
Cumulatively, prices increased 242.0%, which works out to an average of
4.49% per year. Put differently, a dollar in 1975 bought what
$0.29 buys in 2003.
Common amounts: 1975 dollars in 2003
Amount in 1975
Value in 2003
$1.00
$3.42
$5.00
$17.10
$10.00
$34.20
$20.00
$68.40
$50.00
$171
$100
$342
$500
$1,710
$1,000
$3,420
$5,000
$17,100
$10,000
$34,201
$100,000
$342,007
$1,000,000
$3,420,074
Inflation by spending category, 1975–2003
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1975 spending costs in 2003, by category:
Category
Avg. yearly inflation
$100 in 1975 →
All items (CPI-U)
4.49%
$342
Medical care
6.77%
$625
Housing
4.73%
$364
Core (all items less food & energy)
4.66%
$358
Energy
4.29%
$324
Transportation
4.18%
$315
Food
4.01%
$301
Apparel
1.84%
$167
Not shown because the BLS began these indexes after 1975: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1975 to 2003: $100 is worth $342 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1975-to-2003/
APA: InflationCalculator.com. Inflation from 1975 to 2003. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1975-to-2003/