Between 1976 and 1983, the Consumer Price Index went from 56.9 to 99.6.
Cumulatively, prices increased 75.0%, which works out to an average of
8.33% per year. Put differently, a dollar in 1976 bought what
$0.57 buys in 1983.
Common amounts: 1976 dollars in 1983
Amount in 1976
Value in 1983
$1.00
$1.75
$5.00
$8.75
$10.00
$17.50
$20.00
$35.01
$50.00
$87.52
$100
$175
$500
$875
$1,000
$1,750
$5,000
$8,752
$10,000
$17,504
$100,000
$175,044
$1,000,000
$1,750,439
Inflation by spending category, 1976–1983
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1976 spending costs in 1983, by category:
Category
Avg. yearly inflation
$100 in 1976 →
All items (CPI-U)
8.33%
$175
Energy
12.03%
$222
Medical care
9.89%
$193
Housing
9.18%
$185
Transportation
8.78%
$180
Core (all items less food & energy)
8.19%
$174
Food
7.07%
$161
Apparel
4.19%
$133
Not shown because the BLS began these indexes after 1976: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1976 to 1983: $100 is worth $175 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1976-to-1983/
APA: InflationCalculator.com. Inflation from 1976 to 1983. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1976-to-1983/