Between 1976 and 1994, the Consumer Price Index went from 56.9 to 148.2.
Cumulatively, prices increased 160.5%, which works out to an average of
5.46% per year. Put differently, a dollar in 1976 bought what
$0.38 buys in 1994.
Common amounts: 1976 dollars in 1994
Amount in 1976
Value in 1994
$1.00
$2.60
$5.00
$13.02
$10.00
$26.05
$20.00
$52.09
$50.00
$130
$100
$260
$500
$1,302
$1,000
$2,605
$5,000
$13,023
$10,000
$26,046
$100,000
$260,457
$1,000,000
$2,604,569
Inflation by spending category, 1976–1994
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1976 spending costs in 1994, by category:
Category
Avg. yearly inflation
$100 in 1976 →
All items (CPI-U)
5.46%
$260
Medical care
8.09%
$406
Core (all items less food & energy)
5.73%
$273
Housing
5.65%
$269
Transportation
5.07%
$244
Food
4.84%
$234
Energy
4.78%
$232
Apparel
3.24%
$177
Not shown because the BLS began these indexes after 1976: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1976 to 1994: $100 is worth $260 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1976-to-1994/
APA: InflationCalculator.com. Inflation from 1976 to 1994. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1976-to-1994/